What’s Possible: 13th May, 2021

We hope you enjoy this week's hand-picked selection of important and interesting stories from the frontiers of tech.

‍Sorare teams up with MLB on NFT-based fantasy sports

Possible Ventures portfolio company, Sorare, has teamed up with Major League Baseball and MLB Players to launch the first Major League Baseball NFT-based free-to-play fantasy baseball game. (read)

VSParticle Nanoprinter makes scaling up hydrogen production faster, cheaper and more sustainable

By accelerating large-scale hydrogen production and making it more sustainable, Possible Ventures portfolio company, VSParticle, has instantly turned South Holland into a frontrunner in the global hydrogen economy. (read)

NFT’s on Instagram

Head of Instagram, Adam Mosseri, announces the arrival of NFTs to the platform … right before the crash. (tweet)

Adam Mosseri @mosseri

NFTs on Instagram 🎉This week we’re beginning to test digital collectibles with a handful of US creators and collectors who will be able to share NFTs on Instagram. There will be no fees associated with posting or sharing a digital collectible on IG.See you next week! ✌🏼

1:26 PM ∙ May 9, 20222,774Likes790Retweets

VCs about to learn a hard investment lesson

Senior sources in the Australian VC community say they have begun telling start-ups to prepare for a very different environment, where things they have become accustomed to won’t be indulged. (read)

Australian Labor Party pledges $1b fund of funds for critical new technologies

Labor will unveil a $1 billion warchest to invest in innovative Australian technologies operating in areas deemed critical for the future of the country and economy, such as artificial intelligence, quantum computing, robotics and software development. (read)

Interesting adjacencies

• jonwu.eth explains how an $18 billion stablecoin ($UST) lost its dollar peg (thread)
• Bessemer’s predictions laid out in State of the Cloud 2022 (link)
• Orbex reveals first full-scale microlauncher rocket developed in Europe (link)

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