Avalore Dump Week 39

"54 months of winter" Edition

May 08, 2026

We’re back! Another busy IRL week for me as we’re trying to setup a move to a new apartment, so apologies in advance if I miss some news this week. Give a man a break every once in a while!

Honestly I’ve still been spending most of my time on MegaETH lately. There are a few new ponzis there that the GC seems to be making money on (something about laundering money?) but I really haven’t had time for much.

If you like card games (Hearthstone, MTG, Balatro, etc) I highly recommend this game Showdown (ref code 6129, shameless plug). It’s like 1v1 poker but with action cards that effect the board—you can also wager USD on every match. VQ and I will be sponsoring a $500 tournament in the next few weeks, so look out for that. Hooray for web3 games that are fun!

Anyway, you’re not here for that. You’re here for AVAX community news! You sure as hell can’t get that from the AVAX twitter account—I had to mute it this week as I was getting too triggered by the twice daily posts about how Avalanche is built for business (I’m not a business)—so I shall try and deliver some news.

Salmon Swimming Upstream

~~Build Games~~ Bear’s Den grant recipient, River Run Game, had their mint this week! I was actually on a road trip and missed the ENTIRE mint because the whole thing sold out!

This is very exciting news for AVAX as it’s been a while since we’ve had anything at all sellout. 500 pieces at 5a each is not too bad—a solid $25k raise for the team. Nothing like the bull market, but that’s a decent chunk.

Coupled with a Team1 mini-grant (dual funding???) it’s nice to see incentives for building community projects. Shoutout Team1 for yet again being the community’s glimmer of hope in this increasingly corporate world.

I don’t know when the game is actually supposed to start—remember, it’s going to be similar to Crabada—but hopefully if this can do well it will spark a new age of ponzis/experimentation on AVAX.

Will HashCash and River Run bring back our glory days? Who knows!

Japan Tokenizing Bonds on AVAX??

An announcement came out that the Japanese government would be tokenizing their bonds on the blockchain, and of course every Avalabs employee was quick to retweet about how it would be happening on AVAX.

The usual brigade of people shouting “why don’t the accounts ever mention AVAX specifically” began to raise their pitchforks, with seemingly good reason. Why not announce that this is happening on AVAX?? That should be big news, right??

Well, as some people who actually read the announcement were quick to point out—this is not actually happening yet. Basically, the announcement was actually about forming a research group to discuss the possibility of tokenizing government bonds on blockchain.

AVAX is one of three blockchain representatives on the joint committee. I don’t really know what Canton is but they seem to always be doing the same things we’re doing.

So yeah, I guess we should be tempering our expectations a little here. Sure this is kind of cool, and Progmat is already working with AVAX so it might even be likely to happen, but it’s a far cry away from actually announcing that the bonds will be live on AVAX. The group’s goal is to have a working prototype in 2026, so maybe that announcement will be more bullish and talk about AVAX specifically!

Even if this was a real announcement, GrottoJ has a good point here. Sorry I quoted him twice! His were just the tweets I saw!

It’s hard to get the community riled up for these announcements when they seem to be mostly nothingburgers and people feel neglected in other ways. I’m not gonna go into why that is for the 9000th time, but I will end with this tweet from Blue here for absolutely no reason:

Why stop at 10-20%! Maybe more could be good too!

There’s Money in the Cave

The latest Snaps presale just finished its raise! And wow, it’s kind of a big number!

I don’t remember what his Early or Chatnet tokens raised but I don’t think it was this much. The ~~only~~ premier DEX on Gr*tto chain commands a high valuation! Imagine how much the next Snaps presale will raise!

I don’t think the token will launch for a while as he irons out exactly how it will go down, but I’m really curious to see how this one ends up. Will this be the community token that finally gets crimed back up a bit? Will it be another presale dumpfest?

I don’t know what will happen, but thanks to the team at The Gr**to for giving us things to gamble on again. Talk about a gross chain product!

Anyway, that’s all I’ve got for this week. Bit of a slow one and I’ve been a bit AFK a bunch lately. Soon we should have more info on Cave and River Run though so we have that to look forward to!

I cut a long section about the Foundation GCP stuff because my alpha readers told me it was boring—maybe I will save that for a Sunday tweet that nobody reads.

See you next week!