Neo Tokyo News: 02 Nov - 10 Nov 2024

Citizens Remain Undefeated

Neo Tokyo News: 02 Nov - 10 Nov 2024

In this issue:

  • This Week in Neo Tokyo: Citizens Remain Undefeated (by PhoenixxDown)

  • The 5th Hand of The Citadel Has Been Crowned! (by Flower83)

  • Highlights From The All Time High Watch Party (by Flower83)

This Week In Neo Tokyo:
Citizens Remain Undefeated

The Whisperer: What Was Your Favorite Moment?

The past week has been all about Phase 2, culminating in yesterday’s Grand Finale of the 5th Hand Competition. If you missed any details, Flower has a full recap in the article below, so he’s got you covered.

What was your favorite part of the competition? For me, it was those rare moments of elation when I actually solved a riddle—though, sadly, they didn’t happen often. Shoutout to those of us whose brains don’t quite keep up in a riddle PvP environment!

Share your favorite moments with Mark here:

ByteStreet Partnership Announced

Meanwhile, away from The Whisperer excitement, The Citadel was rocked by some absolutely massive news.

Neo Tokyo’s partnership with Citizen Capital has officially ended and will now be replaced by ByteStreet, scheduled for launch before year-end.

Key features of ByteStreet include:

  • A streamlined allocation model with Citizen perks

  • Public access through $BYTES

  • Transparent, automated on-chain funding powered by Mure backend

  • Reduced upfront fees

  • Direct token distributions

  • Deal flow through Becker, Elliot, the Citizen team, and partner Rengō

  • $BYTES-related contracts under Neo Tokyo’s ownership

More updates on the transition from CitCap are expected in the coming weeks, and we wish CitCap all the best moving forward.

This is how things shaped up with the NT content:

Interlinked #55 - This week, Nick and Jared tackle the question: Is Doge the BTC of memes? They also dive into some troubling news from IMX HQ—Did they just get sued into oblivion? Let’s hope not. They break down the details in the video above.

Market Monday – On the eve of the U.S. election, price fluctuations reflected everyone’s nerves about the outcome. The team shared their thoughts on the likely winner, along with other topics like FrankDeGods’ ascent as a top memecoin trader, Saylor’s bullishness, and the unfortunate tale of Pnut the Squirrel. Catch the discussion here.

MetaGravity AMA – The CEO and VP of Commercial join the AMA team to discuss MetaGravity’s Hyperscale engine, a Web3 project aimed at transforming large-scale multiplayer gaming. Listen in to learn about their vision here.

Unfungible x NT – This week’s X Space, powered by Unfungible, was all about Streaming 101. Guests including BlastRoyalke, PXU, and Age of Dino joined NT to talk streaming in the gamer’s huddle. Tune in here.

November Town Hall - And for Citizen ears only, there was our most recent Town Hall with the usual announcements, division updates, and latest on what’s happening behind the scenes. Remember: “To leak is to betray, and to betray is to face potential exile.” Listen back here.

Short Scoops

Big congrats to Radiant Arena, who won Altura’s SUPERCHARGED Grant Fund, earning an S2 and joining us in The Citadel where they belong!

UFO is now officially part of Neo Tokyo! They’ve been around a while, but we’re thrilled to welcome them formally. Glad to have you on board!

NT Plays recently featured SuperChamps. Missed it? Next up is Sparkball this Tuesday! Set your Discord reminders here.

Ktrap has been relentlessly producing high-quality NT content lately, and in one of his most recent posts, he helped someone from the outside make their way into The Citadel. Your service is greatly appreciated 🫡

As we close out the week, two key players behind The Whisperer—Firestorm and Seize—perfectly encapsulate what Neo Tokyo is all about. Citizens remain undefeated.

Until next week, citizens.

The 5th Hand of The Citadel Has Been Crowned!

This week, our online hunt for the Fifth Hand of The Citadel, The Whisperer, came to a close. Shortly after Phase Two was concluded during the week, 55 of the best and brightest minds entered the final challenge. The event was live streamed in our NeoTokyo discord on Saturday 9th at 1 pm E.S.T, with 250+ concurrent viewers present throughout the event.

The top 55 participants battled it out in a series of intense challenges, cutthroat eliminations and many unexpected twists and turns in which they had to rely both on skill as well as luck to defeat the competition and obliterate the enemies in a race to the top.

Friendships were tested and competitors had to stay locked in, as the best of the best were competing for the higher rewards from the prize pool. You can view the full list of rewards that were distributed to top performers here.

In the end, Satoli emerged victorious and became 5th hand of The Citadel. The legendary Neo Tokyo NFT instantly received a 100k OTC bid by our in-house NT whale, Race4TheWin.

Satoli also agreed to an interview with ButWouldYa, where he will disclose his secrets and take us through his thought process that allowed him to win and stay on top during every stage of the event. Stay tuned for that!

Highlights From The All Time High Watch Party

WE WON!!

Congratulations, if you are reading this you are part of crypto history. Even if you missed the exact moment of new Bitcoin all time highs, fear not, but rejoice! It is now likely that as we enter price discovery mode; there will be many new opportunities to observe this marvelous phenomenon and say “I was there. I was a part of it all. I was watching the chart when BTC broke All Time Highs.”

Many were anticipating it for weeks now. Actually, to be fair, a lot of us on Market Monday agreed that we will have a “slow summer,” meaning that we will likely be stuck in a range, and then during Autumn, full send into a historic and glorious bull run that might run all the way into 2025. We are well on our path towards this being a reality.

Many wanted it to happen sooner, but it looked like the uncertainty in the political landscape of the USA was suppressing the bullish price action. This is why we couldn't quite close above 74k and had a week of consecutive red days last week. Then, as soon as the first result came in during election night, the lid popped off and we started rallying so hard, that all trapped bears shed tears of pain. Poor bears!

This is what the chart looked like after it became apparent Trump was going to win:

Over the next few hours, the price action was a textbook example of what people call “up only” and this trend is likely to continue for a while, since Trump was very pro-crypto.

Many on social media agree that we have now indeed entered the golden age.

I hope you did not derisk. Those who are delusionally bullish will likely be winning for weeks to come. Even if we analyze all the other altcoins the future looks bright:

Some things to observe:

  • ETH is still lagging behind its own ATH of (4.6k) by quite a bit, due to it being fudded to death this cycle.

  • Solana is looking strong and about to break $200 any day now, then onward to bigger and better things.

  • Tether re-pegging shortly after a brief (an unsuccessful) FUD campaign launched against it last week.

  • Even BNB is still very much gearing up for the charge, now just slightly above $600.

  • DOGE is just one Elon tweet away from absolutely sending to the skies.

  • Everyone is still wondering why exactly are Tron and Cardano still in the top 10.

  • Memecoins are winning. Well, the good ones at least. If you tried to get rich by ape-ing into sub 10m shitters, do rethink your investment strategy.

  • $SWORLD, the biggest sponsor of The Whisperer event is also doing quite well, up 150% since it's TGE. I hope you didn't sell.

  • Even some NFTs on Solana and some Ordinals are having a good time.

The bottomline is this: the more overleveraged you were this week and the higher your risk tolerance, the better it was for you financial situation. Turbocharged bull run commenced. This is not the time to be cautious, this is the time to bet the farm on BTC teleporting past 100k with conviction. We shall be monitoring the situation closely. And we wish everyone a happy new All Time High. 📈

DISCLAIMER:
Nothing said in this article is financial advice. I am not a financial advisor. Do your own research.

All content from Neo Tokyo News is for entertainment purposes only, and not financial advice.

That’s it for our 71st edition of the Neo Tokyo Newsletter. Be sure to subscribe and share with your friends so you don’t miss out on future content.

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