Here’s the Latest NFT News Today

Get your daily, bite-sized digest of NFT news today – investigating the stories flying under the radar among the latest NFT news.

NFT Market Data

The non-fungible token (NFT) sales volume is up 6.4% over the past 24 hours. Today it stands at $50,645,790. However, the most notable change in this time frame is that the popular ERC404-based Pandora dropped to second place after days of holding the first.

This collection fell nearly 15% to $3.44 million. At the same time, Uncategorized Ordinals’ sales volume increased by 161% to $3.88 million. Pandora has kept the first spot in the 7-day period.

Though it fell 36%, its sales volume is $33 million. Uncategorized Ordinals is up 65% at the same time to $11.3 million.

Besides Pandora, only one other collection saw a decrease in sales volume in the past day. Bored Ape Yacht Club is down 66% to $1.09 million. Meanwhile, the highest gainer is RGBytes: up a whopping 201,591% to $1.4 million.

Unstoppable and Pudgy Penguins Launch First NFT Community-Focused Web3 Domains

Web3 domain names and digital identity provider Unstoppable Domains (UD) announced a partnership with the popular Web3 brand Pudgy Penguins.

This is the provider’s first foray into NFT collections. It has added the “.pudgy” top-level domain (TLD) in UD’s partner portfolio.

Per the announcement shared with Cryptonews, by leveraging this new dedicated TLD,

“Pudgy fans and community members can now proudly voice support and display their NFTs and .pudgy address on X, as well as earn special Pudgy badges to facilitate unique messaging and interactions within their group.”

Unstoppable is proud to give @PudgyPenguins and @LilPudgys fans a personalized username to show support for their incredibly cool communities.

With your special .Pudgy you’ll be able to send/receive crypto, build a website, login to your favorite Dapps, and more! 🤝

— unstoppable.pudgy (@unstoppableweb) February 23, 2024

Also, the partnership enables the use of crypto transactions under the .pudgy domain. Additionally, it allows future integrations, such as signing into the upcoming Pudgy World metaverse.

Meanwhile, Unstoppable has launched the new Pudgy Ambassador Program. It will enlist “prominent community members” to promote and popularize .pudgy Web3 domains. They’ll share their experiences with .pudgy, create content, and host community events.

Furthermore, UD has begun the .Pudgy Storytelling Campaign for users to share what their .pudgy domains represent via videos, blog posts, and social media.

The team will feature “the most compelling stories” on the official website. They will select one winner each month for three months to win a 4.pudgy, a.pudgy, and i.pudgy.

Additionally, Unstoppable will host three webinars to educate users about Web3 domain benefits, securing a .pudgy domain, and the future potential of digital identity in the blockchain space.

PancakeSwap Gaming Marketplace to Launch Nemesis Downfall BETA Next Week

Nemesis Downfall, a play-and-earn multiplayer first-person shooter video game, will launch the open beta on the PancakeSwap Gaming Marketplace on February 28.

The game integrates blockchain technology on BNB Chain with gameplay. Additionally, PancakeSwap operates on nine blockchains: BNB Chain, Ethereum, Aptos, Polygon zkEVM, zkSync Era, Arbitrum One, Linea, Base, and opBNB.

Meanwhile, players can deposit ND and CAKE tokens, earn ND rewards when winning games, buy character and weapons skins as in-game assets or NFTs, and withdraw NFTs and tokens.

🔫The Nemesis Downfall BETA is launching on the PancakeSwap Gaming Marketplace on Feb 28th at 9am UTC!

🥞Use CAKE tokens for in-game assets & unlock exclusive PancakeSwap-themed collectibles

⚡️Sign up now for BETA access https://t.co/dYMNws2ZKu

📚 Read more… pic.twitter.com/o8rrFttaUv

— PancakeSwap🥞Everyone’s Favorite DEX (@PancakeSwap) February 21, 2024

The beta release “promises an immersive experience featuring multiple game modes, diverse maps, and customizable characters,” the team said.

The game offers free-to-play and paid tournament-style modes. Modes include leaderboard-based tournaments, deathmatch, and one-in-the-chamber.

Moreover, players will be able to access over 10 characters and 15 free character skins at launch. This includes a limited set of unique PancakeSwap skins.

Nemesis Downfall marks the third blockchain game launched on PancakeSwap’s Gaming Marketplace, said the announcement.

Players can sign up to create a Nemesis Downfall account and download the game on the marketplace.

Magic Eden and Helio Reveal Raffles Feature to Democratize NFT Pre-Sales

In the latest NFT news today, Web3 payments platform Helio has launched a Raffles feature, which is already available on the Magic Eden NFT marketplaceHelio’s self-serve platform allows creators to fully tailor their Pre-Sales, with customization of access and other settings.

The new feature, said the announcement, is “poised to transform hyped Pre-Sales by guaranteeing equitable and transparent allocation of spots across a range of communities.”

A key feature of Raffles is inclusivity: participants can join Pre-Sales at any time, regardless of time zone. This eliminates barriers and enhances engagement.

Moreover, the selection process is completely random. This eliminates any potential advantages for early participants and ensures a fair distribution of spots.

What happens when you combine the best cross-chain NFT platform with the best cross-chain payment platform?

….. Raffles

We’re proud to give all community members an equal shot as part of Magic Eden’s presales powered by @helio_pay. https://t.co/cAqt1siQwc

— Magic Eden 🪄 (@MagicEden) February 21, 2024

Meanwhile, Raffles’s impact extends across major blockchains: Solana, Ethereum, Bitcoin, and Polygon. Hence, it enables creators to tap into a broader audience base.

“This cross-chain compatibility opens new avenues for creators to connect with diverse communities and maximize their sales potential with crypto.”

Helio and Magic Eden partnered in June 2023 to create a multi-chain presale platform for creators. They have since hosted hundreds of Pre-Sales for top projects in the NFT space, generating more than $10 million in Pre-Sale revenue for projects.

This includes Solana, Ethereum, and Ordinals creators such as Bitcoin Ordinals, MixMobOrigin, and ZITX. Nick Lagusis, Product Marketing Lead at Magic Eden, commented that:

“as we continue to build the leading cross-chain platform in Web3, partnering with Helio has allowed us to provide the best payment features in the industry.”

Stijn Paumen, co-founder and CEO at Helio, added that the new raffles feature offers “a fair and accessible option for community members across Ordinals, Ethereum & Solana to access the most popular upcoming digital collectibles.”