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Unstoppable Domains and Pudgy Penguins have collaborated to offer an innovative solution for accessing the digital world through Web3 domains.
Thanks to .pudgy domains, users can now abandon traditional password-based logins and use personalized identities to access the pudgy world in a single step.
Let’s see all the details below.
Summary
Web3: simple and secure access to the Pudgy Penguins world with personalized identities
As anticipated, Unstoppable Domains, leader in the provision of Web3 domains and digital identity solutions, announced today an innovative integration with Pudgy Penguins.
This new development will allow users to access Pudgy World using their .pudgy domains, representing a significant step forward in the accessibility of the virtual world and in the user experience.
The new single sign-on feature introduced by this integration allows users to access Pudgy World through a personalized digital identity owned by the user themselves.
Unlike traditional logins based on Google or Apple, users can now use their .pudgy domains to access the platform, ensuring greater privacy and autonomy.
With thousands of .pudgy domains minted in just three months, the community’s enthusiasm demonstrates the strong adoption of this new approach.
Sandy Carter, COO di Unstoppable Domains, commented 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 break free from the constraints of Web2 and now have a completely unified experience throughout the Pudgy world.”
Properties 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 self in the virtual world.
Unlike traditional login methods, .pudgy domains offer an unprecedented ownership and control over digital identity, serving as a passport for chat, events, and exclusive activities.
Luca Netz, CEO di 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, ensuring that users’ digital identities remain 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 function via the .pudgy domain will be launched in the fourth quarter of this year. Thus marking a significant milestone in the evolution of access to the virtual world and digital identity management.
All-time high for Web3 user engagement in Q2 2024
In the second quarter of 2024, Web3 user engagement reached unprecedented levels, with approximately 10 million unique daily active wallets (dUAW). This represents a 40% increase compared to the first quarter of the year.
A report by DappRadar from July 4 highlights unprecedented growth that has affected various sectors of decentralized applications (DApp), leading to an overall bull trend.
Social dApps and NFT have been the main protagonists of this expansion. The social sector recorded the most significant increase, with a 66% rise in dUAW.
The blockchain gaming sector has also seen an increase in users, despite a slight decrease in its market share.
Decentralized exchanges (DEX) have seen a significant increase in user activity. Uniswap recorded an 80% increase in dUAW, while Raydium saw a 134% growth, thanks to the influx of meme coin traders.
The NFT marketplaces have reached their peak usage since the first quarter of 2023, with a trading volume of 4 billion dollars over 14.9 million individual transactions.
Despite the increase in the number of users, the total value of cryptocurrencies locked in DeFi applications (TVL) has decreased by 7 billion dollars, marking a 4% drop compared to the previous quarter.
DappRadar has warned that the dramatic growth of dUAW may not be sustainable in the long term. Part of the increase has been attributed to the phenomenon of airdrop farming, in which users engage in activities to earn airdrop tokens.
The airdrops of Blast and ZKsync in June have contributed significantly to this peak.
The report emphasizes the need to improve the user experience, to develop solid roadmaps, and to have strong teams to ensure continuous and sustainable growth in the future of Web3.