Hey Builders, yea you.. it's Friday the 13th 😱

GM Builders! 🚧

Welcome back for another smooth read of the BW3 newsletter—so smooth, you could slap it on bread and call it JIF 🥜 

Here’s what we built for you today:

• Daily Roundup 🤠 

• Trump DeFi set to launch 😅 

• Deal Flow Friday 💸 

To make sure our emails don’t get lost in your spam, we have a small favor to ask:

Please reply to this email with why you’re excited about Web3, or just say hello. 👋 

Your reply helps keep us out of the spam void and keeps the good stuff flowing. 🙏

Daily Roundup 🤠 

GM Builders! It's Friday, and crypto news doesn't take a break, so let’s dive into the latest.

Today, we’ve got MicroStrategy’s $1B Bitcoin buy, Worldcoin’s World ID making moves on Solana, Starknet staking approvals, and more.

Let’s break it down:

MicroStrategy Buys Another $1.1B in Bitcoin 💰
Michael Saylor's diamond hands just got stronger. MicroStrategy picked up 18,300 BTC for a cool $1.1B, bumping their total to 244,800 BTC—roughly 1.2% of Bitcoin's total supply.

With an average purchase price of $60,408 per coin in their latest buy, the firm's total BTC holdings are now worth over $14.6B. The company’s stock is also up almost 8%, so it looks like Saylor’s long game is paying off.

Wormhole Brings Worldcoin's World ID to Solana 🌐
In a move to help blockchain apps prioritize "real humans," Wormhole has integrated Worldcoin's World ID into Solana. Now, Solana devs can differentiate between humans and bots, a feature previously exclusive to Ethereum.

Using Worldcoin’s infamous eyeball-scanning Orbs, users get WLD tokens in exchange for verifying their humanity. With 6.6M sign-ups, it’s clear this is a project that’s drawing attention.

Starknet Approves STRK Token Staking Proposal 🔥
The Starknet community just greenlit a proposal for STRK token staking, which should be live by the end of 2024. Token holders will need a minimum of 20,000 STRK (roughly $8,000) to participate, but smaller holders can delegate their tokens.

With a 21-day lock and a minting mechanism to balance rewards and inflation, this move signals further decentralization for Starknet. Staking on the testnet is coming soon, with the mainnet launch expected in Q4.

And that’s the TL;DR for today’s top headlines.

World Liberty Financial: Trump, DeFi, and a Dash of Drama 😀 

In a world where politics and DeFi collide, enter World Liberty Financial—a cryptocurrency project that’s making waves before it even launches, thanks to the audience of former U.S. president Trump and his family.

Set to launch on September 16, 2024, this project comes with the kind of fanfare you'd expect from a Trump-backed initiative, but like any bold venture, it’s not without a few raised eyebrows. 🤨 

What’s the dealio? 🤔 

World Liberty Financial positions itself as a DeFi lending platform built on Ethereum, with the Aave protocol at its core.

Essentially, it's a decentralized borrowing and lending platform that could challenge traditional banking—assuming everything goes smoothly, of course.

Big Plans and Promises 🙏 

Trump’s selling this as more than just a DeFi project—he’s making it part of his broader political narrative.

He’s aiming to turn the U.S. into the "crypto capital of the planet" and champion U.S.-pegged stablecoins to maintain the dollar's dominance.

It’s like mixing finance, politics, and patriotism into one big (and slightly combustible) package. 😂 

It's of course caught the attention of some mainstream media outlets:

For crypto: any press is good press… right?

Deal Flow Friday 💸

It’s time for your weekly dose of fresh funding deals and emerging projects from across the Web3 landscape! Let’s take a look at the key movers and shakers from the last few days:

1. Huma Finance

   • What they do: A DeFi platform focused on lending, borrowing, and real-world assets. Multichain capabilities make this project versatile and ready for mainstream adoption.

   • Funding: $38M raised in an unknown round.

   • Backed by: Distributed Global, Hashkey Capital, Folius Ventures, and others.

2. Fuse (Project Zero)

   • What they do: Operating in the DePIN (Decentralized Physical Infrastructure Networks) space, Fuse is working to decentralize real-world infrastructure.

   • Funding: $12M raised in a strategic round.

   • Backed by: Multicoin Capital, Balderton Capital, Lake Star, and more.

3. Nytro Lab (Castile)

   • What they do: A gaming platform focusing on Play-to-Earn (P2E) mechanics.

   • Funding: $8M raised in an unknown round.

   • Backed by: SevenX Ventures, OKX Ventures, Aptos Labs, and others.

4. Infinit

   • What they do: A DeFi infrastructure project building various key blockchain solutions.

   • Funding: $6M raised in an unknown round.

   • Backed by: Electric Capital, Mirana, Hashed, and a host of other investors.

5. Syrupal Protocol

   • What they do: A protocol focusing on derivatives and DeFi within multiple ecosystems, including Arbitrum, Ethereum, and Optimism.

   • Funding: $3.75M raised in a seed round, with a fully diluted valuation of $25M.

   • Backed by: A broad range of investors, including key players in the Ethereum and Ton ecosystems.

These are the latest deals in the Web3 world since Monday, setting the stage for even builders in the months and years to come!

Keep your hard hats on for these projects as they build toward reshaping DeFi, gaming, and decentralized infrastructure. 👷 

MEME CITY 🏙️ 

Until next time, Builders! 🏗️ 

Keep shipping, stay afloat, and ahead of the boats. 🚢