Pudgy Penguins ATH 🐧

Dear Bankless Nation,

While the past two years have been brutal for many PFP projects, the Pudgy Penguins collection has continued to shine throughout the bear.

This week, the Penguins reached new all-time highs in both USD and ETH terms. Currently, the floor price on OpenSea is 7.77 ETH.

There’s no mania right now, just apparent consolidation around what people see as one of the strongest projects in NFTs, so we’ll have to wait and see if this impressive breakout is followed by other rallies around the space.

For now, thanks as always for reading everyone. Here’s your latest weekly NFT roundup! ✌️

-WMP

This week in NFTs…

📰 General news

• Magic Eden unveiled its new cross-chain wallet.
• Privy helped Zora create an embedded wallet.
• Zerion released its browser wallet extension.
• Zora intro’d Notes and added support for collaborators.

🎨 Cryptoart & music

• Art Blocks celebrated its 3rd birthday.
• Highlight launched support for dynamic sales.
• Manifold intro’d The Dressing Room, an ERC-6551 display interface.
• Numo released Teddies on Vacation (ToV) Season 3.
• Songcamp, a music collective, kicked off its C4 mint.
• Sound launched a music quest in collaboration with Coinbase.
• WINTΞR published the story of the creation of BasePaint.

🏆 Digital collectibles

• Buterin Cards completed its mining process.
• Pudgy Penguins is conducting its Nounish toy drop next week.
• Rainbow released a catalog of its previous NFT drops.

📱 Crypto social

• 1kx published A Comparative Analysis of Decentralized Social Protocols.
• de[labs] is building a decentralized identity system for the DeGods and y00ts communities.
• Lens unveiled randomized NFTs for every Lens profile.
• PartyDAO added the ability for Parties to sell more memberships on the fly.

🎮 Decentralized gaming

• Aavegotchi is conducting a playtest for Gotchi Guardians this weekend.
• Axie Infinity now charges a small AXS fee for leveling up Axies and intro’d the Origins Shop.
• Echelon is launching Sanctuary, a bespoke Parallel marketplace, on Dec. 11th.
• Fren Pets released its new roadmap.
• Illuvium Arena arrived on the Epic Games Store.
• Parallel started its Season 5 gameplay.

🪙 NFTfi

• Hyperliquid unveiled a NFTI index.
• LooksRare is conducting a LOOKS rewards migration.
• NFTfi.com intro’d its Rewards Season 2 campaign.

🌐 Virtual worlds

• Decentraland extended support for its Worlds system to all ENS holders.
• Hyperfy hosted this year’s WIPsgiving Parade by M3 and the WIP Meetup crew.
• Hytopia unveiled a tokenomics update.