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VanEck, Chubby Penguins, and Anichess – Noteworthy NFT Updates Today – January 18th

In the latest NFT updates:

VanEck Partners with NFT Paris Conference:
VanEck has been revealed as a key partner for the upcoming NFT Paris conference, scheduled for February 23-24 at the Grand Palais Éphémère. With expectations of over 100 exhibitors and speakers spanning various industries, including blockchain, gaming, social, fashion, art, brands, and corporations, VanEck joins other major partners such as Animoca Brands, Polygon, Art Blocks, 9dcc, and .arianee. Commenters have expressed mixed reactions, with some welcoming the collaboration and others sharing memes about institutional involvement in the NFT space.

Pudgy Penguins Dominate NFT Market:
Blockchain analytics firm Nansen reports that the floor price of the popular Pudgy Penguins NFT collection has surged by 172% in the last 30 days, making it the best-performing NFT with a minimum volume of 1,000 ETH. Pudgy Penguins currently leads in sales volume among the top 5 collections, exhibiting a remarkable 312% increase. Its spin-off collection, LilPudgys, ranks second with a 173% rise in the past 24 hours. In contrast, Dokyo, the third-placed collection, has experienced a 21% increase. Transaction activity for Pudgy Penguins has soared in the last 24 hours, showing a 279% increase, along with substantial growth in buyers and sellers. Over the past seven days and month, Pudgy Penguins has continued to be a strong contender in the NFT market.

Anichess Launches for All Players:
Anichess, the NFT-based chess strategy game developed in collaboration with Animoca Brands, Chess.com, and Magnus Carlsen, has officially launched its first stage. Offering a unique blend of traditional chess, blockchain, and spellcasting, Anichess is now accessible to all players after a successful Anichess Mini Game Early Access. Players can currently enjoy a single-player experience, with plans to introduce an online player-vs-player (PVP) mode in the first quarter of this year. Anichess players can collect NFTs called Orbs of Power by completing daily puzzle challenges, tradable on the Polygon network. Orbs of Power sales have seen a significant surge in the past week, indicating a growing interest in the game.

Overall, the NFT market is dynamic, with partnerships, notable collection performances, and game launches contributing to the evolving landscape.

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