In the latest developments in the world of NFTs: VanEck has joined as a partner for the NFT Paris conference, Pudgy Penguins have experienced a remarkable increase of over 170% in value over the past month, and Anichess, an NFT-based chess strategy and spell game, has launched and is now accessible to all players.
Over the last 24 hours, the total sales volume of non-fungible tokens (NFTs) has seen a slight decrease of just over 1%, bringing the current figure to $45,453,200.
The number of individuals selling NFTs has risen by less than 1%, while the number of buyers has experienced a 10% decrease. Furthermore, the total number of transactions has declined significantly, dropping by nearly 47% to a total of 319,740.
VanEck Joins NFT Paris
NFT Paris has officially announced VanEck, a prominent asset management firm, as one of its key partners. This announcement has also been confirmed by VanEck itself.
The upcoming 3rd edition of the conference is scheduled to take place on February 23-24 at the Grand Palais Éphémère. The event organizers anticipate the participation of over 100 exhibitors, featuring speakers from various sectors, including blockchain, gaming, social media, fashion, art, brands, and corporate domains.
Alongside VanEck, other major partners in the NFT space gaining attention include Animoca Brands, Polygon, Art Blocks, 9dcc, and .arianee. Additionally, the event boasts sponsorship from prominent names such as Ledger, Tezos, Narval, Pudgy Penguins, The Sandbox, and many others.
The news of VanEck’s partnership has garnered mixed reactions from the community, with some expressing enthusiasm and others humorously referencing institutions’ interest in digital image files, commonly known as “jpegs.”
In a related development, VanEck has announced its decision to close and liquidate its Bitcoin futures ETF, less than two years after its initial launch.
Pudgy Penguins Break the NFT News and Rule the Month
Blockchain analytics firm Nansen has reported a remarkable 172% increase in the floor price of the popular Pudgy Penguins collection over the past 30 days. This makes it the top-performing NFT collection with a minimum volume of 1,000 ETH during this period.
The only other NFT to have witnessed a similar floor price surge of over 100% within the same timeframe and minimum volume requirement is L3E7.
Notably, Pudgy Penguins is also leading among the top 5 NFT collections in terms of sales volume today, with a staggering 312% increase as per CryptoSlam’s latest data.
In the second position, LilPudgys, a collection consisting of 22,222 NFTs that originates from Pudgy Penguins, has seen a significant rise of 173% in the past 24 hours.
In contrast, the third-ranked Dokyo has experienced a comparatively modest increase of 21%.
In terms of sales volume rankings, Pudgy Penguins currently hold the 1st position, while LilPudgys are ranked 4th.
Over the last 24 hours, Pudgy Penguins have experienced an impressive surge in activity, with a 279% increase in transactions, a 241% rise in the number of buyers, and a 271% increase in the number of sellers.
On the other hand, LilPudgys have seen a 15% increase in transactions, a 114% boost in buyers, and a 123% rise in sellers over the same 24-hour period.
Over the past seven days, Pudgy Penguins have secured the sixth spot in terms of sales volume, totaling $7,985,196. During this week, they have witnessed a substantial 330% increase in transactions, a 185% surge in buyers, and a 192% rise in sellers.
However, looking at the past month, Pudgy Penguins currently rank 14th, with a total sales volume of $14,838,140. In this timeframe, their sales volume has decreased by 18%, and transactions, buyers, and sellers have all seen declines exceeding 40%.
NFT-based Chess Strategy Game Anichess Launches for All Players
Following the successful launch of Anichess Mini Game Early Access, the NFT-based chess strategy game Anichess has now officially launched its first stage, granting access to all players.
This innovative game is the result of a collaboration between game software development company Animoca Brands, Chess.com, and the Norwegian chess grandmaster Magnus Carlsen. Anichess offers players a unique blend of traditional chess, blockchain technology, and spellcasting elements.
At present, players can enjoy a single-player gaming experience, with plans to introduce an online player-versus-player (PVP) mode in the first quarter of the year. The initial launch features Daily Puzzles and Bonus Puzzles, with additional game modes slated for future introduction.
In the Anichess game, players can collect NFTs known as “Orbs of Power” by completing daily puzzle challenges. These Orbs are tradable on the Polygon blockchain.
Notably, over the past week, the sales of Orbs of Power on platforms like OpenSea have skyrocketed, increasing by an impressive 1,393% to reach a total of 3,627, with a volume surge of 603% amounting to 5.85 ETH. However, it’s worth noting that the floor price has experienced a significant decline, down by 98% to 0.095 MATIC.
Anichess secured $1.5 million in seed funding from a group of investors in 2023, indicating strong support and interest in the game’s unique combination of chess and NFTs.
