Blue-chip NFT Collection Pudgy Penguins and Unstoppable Domains Partnership
Blue-chip NFT collection Pudgy Penguins has recently partnered with Unstoppable Domains to introduce “.pudgy” domain names. This collaboration was announced on February 23, allowing customers of Unstoppable Domains to purchase top-level domain names ending in “.pudgy,” which can be associated with Pudgy Penguin NFTs.
The integration introduces numerous possibilities for domain holders, including:
- Sending and receiving web3 messages
- Making crypto payments between domain addresses
- Collecting exclusive utility badges through the new domains
Unstoppable Domains’ Pudgy Ambassador Program
Unstoppable Domains has also launched the Pudgy Ambassador Program and the Pudgy Storytelling Campaign in order to further engage the community. The Ambassador Program aims to select ambassadors from Pudgy’s prominent community members who will promote the use of “.pudgy” domain names and receive special Pudgy Ambassador badges.
Meanwhile, the Storytelling Campaign encourages users to create and share Pudgy-related content on social media. Each month, Unstoppable Domains will choose community Storytellers to showcase on its website, with winners receiving multiple “.pudgy” domains free of charge.
Pudgy Penguins Surge in Trading Volume
The announcement comes on the heels of a successful month for Pudgy Penguins. The collection experienced a surge in popularity, briefly surpassing the renowned Bored Ape Yacht Club (BAYC) in terms of floor price, according to NftPriceFloor.
Presently, the floor price for Pudgy Penguins stands at 19 ETH, marking a 25% increase since the beginning of February. In USD, the collection is trading at $56,540 after a remarkable 66% rally. With a market cap of $504 million, Pudgy Penguins currently holds the third position, trailing only CryptoPunks with $1.6 billion and BAYC with $651.7 million.
Moreover, Pudgy Penguins recently announced an expansion of its collectible toy line across 1,100 new Walmart locations, bringing the total number of stores carrying Pudgy toys to 3,100. Alongside this expansion, the project unveiled 30 new toy designs. Notably, these toys will feature QR codes that allow buyers to unlock digital traits and collectibles within Pudgy World, the project’s ZkSync Era-based open-world game.
Furthermore, Pudgy holders whose NFTs are depicted as toys sold in-store will earn royalties from sales through the OverpassIP platform, which simplifies the licensing process and adds real-world utility and value for Pudgy holders.
Ian is a cryptocurrency enthusiast blending humor with professionalism. With an engineering background and a storyteller's heart, he simplifies the blockchain world with sharp analysis and a touch of wit. At Cryptowire, he brings his unique perspective to make digital financial innovation accessible to all.
