Major Gaming Tournament Announced at HyperX Arena Las Vegas

**The Arena App**, built on Avalanche, is revolutionizing creator economics by enabling direct in-app payments: - Platform has processed millions in direct creator payments - Built-in wallet eliminates need for off-platform brand deals - Creators can earn full-time income through content The system removes traditional payment delays and intermediaries, allowing content creators to monetize directly within the ecosystem. This follows a growing trend of blockchain-based platforms prioritizing creator compensation, similar to HIO music app's artist-first revenue model. [Learn more about Arena App](https://open.spotify.com/episode/2OaShGq8c969zPElsPmQo9)

Sidley Law has submitted comments to the SEC Crypto Task Force proposing a significant shift in crypto asset classification. The firm advocates for: - Evaluating tokens based on their functional purpose rather than technical code - Implementing tech-neutral standards for classification - Categorizing assets into distinct groups (tickets, securities, access rights) This approach contrasts with current one-size-fits-all regulations. The proposal aligns with recent industry discussions about the limitations of existing regulatory frameworks for crypto assets.

Bybit has announced Avalanche (AVAX) as its first ecosystem partner for the Bybit Card program. Cardholders can now earn AVAX tokens as cashback rewards on their everyday purchases. Key points: - First ecosystem partnership for Bybit Card - AVAX tokens offered as cashback rewards - Applicable for daily transactions For detailed information about cashback rates and eligibility requirements, visit [Bybit's official announcement](https://announcements.bybit.com/article/bybit-card-now-offering-avax-cashback--blt8385ec2a240f921c/).

Director Robert Rodriguez (*Sin City*, *Spy Kids*) is revolutionizing film financing through Brass Knuckle Films on the Avalanche blockchain. The initiative allows fans to: - Own stakes in upcoming films - Receive on-chain royalties - Access exclusive behind-the-scenes content - Submit film concepts for development - Attend private screenings and set visits The partnership with Republic enables everyday investors to back high-impact action movies while sharing in profits. Rodriguez emphasized on Joe Rogan's podcast his focus on audience empowerment through this innovative funding model. [Learn more about Brass Knuckle Films](https://brassknucklefilms.com/)

The Owl Explains Crypto Summit is coming to London on May 22, coinciding with Avalanche Summit London. The event focuses on critical developments in crypto regulation across three continents. - Expert roundtables will cover: - Tokenization - Decentralization - 2025 global regulation **Key Details:** - Free attendance - Expert-led discussions - Focus on shaping 2025's crypto policy landscape [Register for your complimentary seat](https://lu.ma/r0pf2mfo)