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This Week in Web3 and NFTs: Maison Margiela, Pudgy Penguins, DeLorean & more!

via MoonPay
This Week in Web3 and NFTs: Maison Margiela, Pudgy Penguins, DeLorean & more!This Week in Web3 and NFTs: Maison Margiela, Pudgy Penguins, DeLorean & more!

News

This Week in Web3 and NFTs: Maison Margiela, Pudgy Penguins, DeLorean & more!

via MoonPay
News
This Week in Web3 and NFTs: Maison Margiela, Pudgy Penguins, DeLorean & more!
via MoonPay

Welcome to the OpenSea digest. Let’s look back through the biggest NFT and web3 news of the week.

Pudgy Penguins mobile game to launch in 2025

Pudgy Penguins will launch its new mobile game in 2025 on the Mythos Chain, a gaming blockchain developed by web3 network Polkadot. The game will expand the Pudgy Penguins universe to mobile devices and let players own in-game digital items, thereby offering new ways to interact with the beloved characters.

The project is a collaboration with web3 gaming studio Mythical Games, which reportedly sees this moment as the perfect time to launch a Pudgy Penguins game, given the company’s recent success with Blankos Block Party and NFL Rivals, which now has over 5 million players.

Nifty Media acquires web3 media brand NFT Insider

Nifty Media, the leading NFT news company behind NFT Plazas and other popular sites, has acquired NFT Insider, a media platform originally founded in 2021 to cover the gaming-focused WAX blockchain. 

To mark the acquisition, Nifty Media relaunched the NFT Insider website and announced the deal on social media. This move potentially brings NFT collectors more comprehensive coverage and deeper insights thanks to Nifty Media’s expanding portfolio.

Maison Margiela’s parent company OTB to adopt on-chain authentication

OTB Group, the parent company of luxury brands like Maison Margiela and Jil Sander, is rolling out on-chain authentication for its products. Starting this year, customers can verify the authenticity of their high-end purchases using blockchain and near-field communication (NFC) chips embedded in the garments or items.

As a member of Aura Consortium, OTB has reportedly registered about 1.2 million products on the organization’s Ethereum-compatible blockchain. This initiative aims to tackle counterfeiting and ensure better transparency, thereby giving buyers confidence in the authenticity of their luxury goods.

DeLorean makes car reservations transferable on-chain

1980s sports car maker DeLorean is shaking up the car market by making its vehicle registrations transferable on-chain. Partnering with crypto payment company MoonPay, the automaker will let customers transfer reservations for their car-buying spots in the form of NFTs.

The web3 marketplace is slated to launch later in 2024. Car enthusiasts and buyers will soon be able to swap their reservations on the new digital platform.

Polygon acquires ZK-proof company Toposware

Leading Ethereum scaler Polygon has acquired zero-knowledge (ZK) proof solution builder Toposware. 

In a blog post by Polygon, it states that the Toposware team is integrating with the existing Polygon ZK development teams to further drive innovation across all technological fronts, including the AggLayer, Polygon CDK, and Polygon zkEVM.

Christie’s auction Beyond the Screen

On May 31 Christie’s opened Beyond The Screen, an NFT auction featuring 20 lots and works of all varieties. In addition to a rare CryptoPunk, the auction includes two Bitcoin Ordinal artworks.

First, is from Ordinals project “CENTS” by Rutherford Chang. The piece is made from 10,000 US pennies smelted and cast into a 68-pound copper block, then immortalized on the Bitcoin blockchain as a 3D rendering and inscribed as an ordinal.

Meanwhile, Asprey Studio's “Silver Scream” started bidding at $10,000 for a silver sculpture of the famous 1895 Edvard Munch masterpiece, “The Scream” and a corresponding Bitcoin ordinal inscribed on May 21.