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Home»Blockchain»the new collaboration between Unstoppable Domains and Pudgy Penguins
Blockchain

the new collaboration between Unstoppable Domains and Pudgy Penguins

2024-07-12No Comments4 Mins Read
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Unstoppable domains and Pudgy penguins have collaborated to provide an innovative solution for accessing the digital world through Web3 domains.

Thanks to .pudgy domains, users can now ditch traditional password-based logins and use personalized identities to gain one-step access to the chubby world.

Let’s see all the details below.

  • Web3: Easy and secure access to the world of Pudgy Penguins with personalized identities
  • Features and customization
  • Record high for Web3 user engagement in Q2 2024

Web3: Easy and secure access to the world of Pudgy Penguins with personalized identities

As expected, Unstoppable Domains, a leader in providing Web3 domains and digital identity solutions, today announced an innovative integration with Pudgy Penguins.

This new development gives users access to Pudgy World through their .pudgy domains, which a important step forward in the accessibility of the virtual world and in the user experience.

The new single sign-on feature introduced by this integration gives users access to Pudgy World through a personalized digital identity owned by the user.

Unlike traditional Google or Apple-based logins, users can now use their .pudgy domains to access the platform, allowing for greater privacy and autonomy.

With thousands of .pudgy domains created in just three months, the community’s enthusiasm demonstrates the strong adoption of this new approach.

Sandy CarterCOO of Unstoppable Domains, responded as follows:

“This integration with Pudgy Penguins allows users to truly own their digital identity and control their virtual experience. By logging in with .pudgy domains, users free themselves from the limitations of Web2 and now have a completely unified experience across the entire Pudgy world.”

Features and customization

The .pudgy domains offer users the opportunity to express their individuality within the Pudgy Penguins community. This integration goes beyond the simple username, allowing users to represent their digital selves in the virtual world.

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Unlike traditional login methods, .pudgy domains offer a unprecedented ownership and control about digital identity, which serves as a passport for chat, events and exclusive activities.

Luca NetzCEO of Pudgy Penguins, stated:

“We are excited to offer our community a more unified experience through this integration with Unstoppable Domains. The ability to log in with their .pudgy domains offers a unique experience in Web3, perfect because in the virtual world individuality and ownership are extremely important.”

With the expansion of the Pudgy ecosystem, .pudgy domains will be adaptable to new functionalities, keeping users’ digital identities relevant and valuable.

The companies are exploring additional features, including profile badges for users of .pudgy domains and expanded integrations within the Pudgy ecosystem.

The access feature via the .pudgy domain will be launched in the fourth quarter of this year. It therefore marks an important milestone in the evolution of access to the virtual world digital identity management.

Record high for Web3 user engagement in Q2 2024

In Q2 2024, Web3 user engagement reached unprecedented levels, with approx 10 million unique daily active wallets (dUAW). This represents an increase of 40% compared to the first quarter of the year.

A report from DappRadar of July 4 highlights the unprecedented growth that has hit several decentralized applications (DApp) sectors, leading to an overall bull trend.

Social dApps and NFT have been the key players of this expansion. The social sector recorded the largest increase, with a 66% increase in dUAW.

The blockchain gaming sector has also seen an increase in users despite a slight decline in market share.

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Decentralized exchanges (DEX) have seen a significant increase in user activity. Uniswap registered an 80% increase in dUAW, while Raydium saw a 134% growth, thanks to the influx of meme coin traders.

The NFT marketplaces have reached peak usage since the first quarter of 2023, with $4 billion in trading volume across 14.9 million individual transactions.

Despite the increase in the number of users, the total value of cryptocurrencies locked in DeFi applications (TVL) has fallen by $7 billion, a decline of 4% compared to the previous quarter.

DappRadar has warned that dUAW’s dramatic growth may not be sustainable in the long term. Part of the increase can be attributed to the phenomenon of aerial farmingin which users engage in activities to earn airdrop tokens.

The air droplets of Explosion And ZKsync in June contributed significantly to this peak.

The report highlights the need to improve user experience, develop solid roadmaps and have strong teams to ensure continuous and sustainable growth in Web3’s future.

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