Animoca Brands co-founder Yat Siu rejects a report that The Sandbox has 500 DAUs, saying the virtual world has over 200,000 MAUs (Hannah Miller/Bloomberg)

Cameron Thompson / CoinDesk:
DappRadar: the largest number of DAUs on Decentraland was 675 and on The Sandbox was ~4,503; Messari: Decentraland and The Sandbox have market caps of ~$1.3B  —  While metaverse platforms Decentraland and The Sandbox both have below 1,000 daily active users, they each have over $1 billion in valuation.

Lucy Harley-McKeown / The Block:
Web3 gaming and VC firm Animoca Brands raised $110M via convertible notes led by Temasek, Boyu Capital, and GGV, after raising $434M in 2022  —  – Animoca Brands confirmed earlier reports it had raised a fresh funding round of $110 million.  — Temasek, Boyu Capital and CGV Capital are now backing the firm.

Ornella Hernandez / Blockworks:
Web3 game publisher Revolving Games raised over $13.2M from Pantera Capital, Animoca Brands, and others, bringing its seed funding to $25M+  —  Rockstar Games’ co-founder adds to team’s war chest for Web3 game development

Hannah Miller / Bloomberg:
Horizon Blockchain Games, which develops the Sequence developer platform, Niftyswap marketplace, and Skyweaver trading card game, raised a $40M Series A  —  Crypto winter has helped chill demand for nonfungible tokens, but that hasn’t stopped startups that use them from raising money.

Sarah Perez / TechCrunch:
Sensor Tower: BeReal has passed 53M installs, its MAUs are up 2,254% since January, and ~9% of its active installs on Android opened the app every day in Q3  —  Gen Z social media app BeReal encourages its users to take a photo every day — a format designed to create a daily habit.

Hannah Miller / Bloomberg:
Community Labs, which is building crypto projects on blockchain data storage platform Arweave, has raised $30M led by Lightspeed Venture Partners  —  Instead of baking sourdough or hanging out on Zoom during the depths of the pandemic, Tate Berenbaum spent most of the time coding in his basement.