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  • Weekly HUG #0005 - A message from Randi during these bear markets

Weekly HUG #0005 - A message from Randi during these bear markets

We want to start this week’s newsletter a bit differently. It continues to be a difficult time for our community, with many people hurting, scared or worried about what the future holds. At HUG we want you to know that we are here for you. The entire team care deeply about our community members and so please reach out for support, to chat, or for virtual hugs.

If you need help, don’t wait. Speak to a trusted friend or family member or a mental health professional.

A message from Randi

Randi leads our community with positivity and love, and we would like to share some of this inspiring message she shared with our Discord community this week.

Dear Huggers,

We hope you’re weathering this current web3 storm and I wanted to provide a bit of “motherly” advice from having been on the front lines of Web2 and having seen market cycles like this more times than I can count. When you are on the front lines of an entirely new industry, like we all are, we are playing the long game. This is not the first crypto winter and it will definitely not be the last.

We built HUG to ensure that our voices are not left out of this new wave of innovation. I fought hard to not have women and diverse entrepreneurs be invisible in Web2, and we are fighting even louder for this community on the front lines of Web3.

No storm lasts forever.

Please know that our entire team is here to talk with you anytime you need. And to give lots and lots of HUGS. You helped us build this community from the ground up and we have seen unity and compassion like nothing I’ve seen in decades of work on the front lines of the internet. Because we are here to learn and grow, and most importantly, because we are here together, we will come out stronger.

I wish you could see the activity happening behind the scenes at HUG HQ right now to ensure the strength of this community. I have never felt such a burning passion in my life to build, and the entire team shares that passion. Great companies are made in bear markets and we are building a road map, products, and tools for years in the future.

We are not going anywhere and we will weather this difficult time together. So stay with us and let’s keep building!

Your Mother Hugger,

Randi

ICYMI... Key Highlights of the Week

Let’s highlight some of the big wins among our HUG friends and family this week and show that even when markets are down, there is SO much to be excited and hopeful for.

  •  First up, another week, another big announcement from the endlessly impressive Lisa Meyer and the Boss Beauties family, with a book deal which will involve creative BB community members and reward them with royalties!

  • Our artists-in-residence have been busy! Stardust Generation is minting soon, and you can enter a special HUG raffle here. Chipped Pixels also gave us a sneak peek of their Sybernetics collection and Leah Sams is dropping a new 1/1 for her Power of Women collection.

  • Talia Zoref, the ridiculously talented artist and co-founder of Eyes of Fashion is headed to Cannes this week to speak at the World Influencers Forum! What an accomplishment Talia. Break a leg!

  • Randi is in Latin America right now, meeting with tech and political leaders repping HUG, and speaking about the future of Web3, NFTs, and the metaverse.

  • Definitely the coolest project in the HUG fam, Sad Girls Bar, is heading to new wave/post punk music festival Cruel World this week, and to celebrate they are collaborating on their first ever strictly limited merch release. It's black and white, of course. 

Things to look forward to this week 👀

  • On Wednesday May 18 HUG will be standing shoulder to shoulder with Computer Cowgirls as they minting 10K NFTs to raise $3M to defend reproductive rights. If you haven’t seen it yet, check out their art reveals on their Twitter, because they are FIRE!

  • Interviews for this first round of our pre-mint accelerator hedgeHUG took place last week. If you haven't been contacted yet, you will be soon, so please hang tight! groupHUG and artist-in-residence applicants will also be contacted in the coming weeks. It's been an incredible experience to meet with so many brilliant creators and we can't wait to share more with you.

  • Our first Moonbeam Media Live Twitter Space pitch from the community will be taking place tomorrow! Set your reminders here.

  • Randi and Debbie will be at VeeCon next week but you can still catch them for all the alpha at our regular weekly on/airHUG, this time on Tuesday at 4pm ET.

That's it from us! Stay strong, Huggers! The future of Web3 is bright and we can't wait to continue building alongside each and everyone of you.