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Feb '24

Pudgy Penguins Expands Web3 Presence with .pudgy Domain Names – CoinTrust

Pudgy Penguins, a prominent NFT collection, has joined forces with Unstoppable Domains to introduce a groundbreaking addition to the web3 ecosystem — “.pudgy” domain names. This collaboration, announced on February 23rd, enables Unstoppable Domains customers to acquire .pudgy top-level domain names, adding a layer of digital identity to Pudgy Penguin NFTs. The introduction of these unique domain names allows users to send and receive web3 messages, conduct crypto payments between domain addresses, and unlock exclusive utility badges associated with the new domains.
 
 
Sandy Carter, COO at Unstoppable Domains, expressed enthusiasm about welcoming Pudgy Penguins into the Unstoppable Domains family. The partnership goes beyond the introduction of a new domain; it symbolizes the embrace of a community embodying the spirit of Web3 and the future of digital identity. With this collaboration, Pudgy Penguins seeks to enhance the connectivity and engagement of its community through the integration of .pudgy domain names.
 
 
In conjunction with the domain launch, Unstoppable Domains has initiated the Pudgy Ambassador Program and Pudgy Storytelling Campaign. These programs encourage users to generate and share Pudgy-related content on social media platforms. Ambassadors, selected from Pudgy’s active community members, will promote .pudgy domain names and receive Pudgy Ambassador badges. Additionally, Unstoppable Domains will feature community Storytellers on its website each month, with winners being rewarded with complimentary .pudgy domains.
 
 
Unstoppable Domains is renowned for providing easily readable domain names that can be linked to wallet addresses, streamlining the consolidation of a digital identity across web3. Instead of relying on complex alphanumeric strings constituting crypto wallet addresses, users can associate their wallets with a straightforward domain address, culminating in web3-centric extensions such as “.crypto,” “.eth,” or “.x.” The introduction of .pudgy domains marks the tenth top-level domain in Unstoppable’s partner portfolio.
 
 
Pudgy Penguins has witnessed a robust month, briefly surpassing Bored Ape Yacht Club in floor price, according to NftPriceFloor. The collection’s floor price, currently at 19 ETH, has experienced a 25% surge since the beginning of February. In USD, the collection is valued at $56,540, reflecting a remarkable 66% rally. Pudgy Penguins holds the third position in market cap, standing at $504 million, trailing CryptoPunks with $1.6 billion and Bored Ape Yacht Club with $651.7 million.
 
In a significant move, Pudgy Penguins announced its expansion across 1,100 new Walmart locations on February 21st, bringing the total stores carrying Pudgy’s collectible toys to 3,100. The expansion includes the launch of 30 new toy designs, featuring QR codes that enable buyers to unlock digital traits and collectibles within Pudgy World, the project’s ZkSync Era-based open-world game. Pudgy holders depicted as toys sold in-store will also earn royalties from sales through the innovative OverpassIP platform.
 
 
The collaboration between Pudgy Penguins and Unstoppable Domains not only enhances the digital identity of Pudgy NFTs but also reflects a broader trend of NFT projects seeking innovative ways to engage their communities. As Pudgy Penguins continues its upward trajectory in the NFT space, the strategic partnership and domain integration contribute to the evolving landscape of web3 experiences and digital asset ownership.
Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.
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* DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. To use this website you must accept our cookie policy, Disclaimer and Privacy Policies.
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Joker
Joker

Joker has been buying and selling domains since the late 90's. He has worked with many portfolios and investors over the past decade as well.

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