One Word: Phygitals

GM!

This Week's Low-Down:

• 🐧 Pudgy Penguins Soars with $500K in NFT-Embedded Toy Sales

• 🌐 Art Blocks and Operator Unveil Interactive Generative Art with Live Performance

• 🤖 SuperRare's NYC Gallery to Bridge the Gap Between NFT Art and Physical Spaces

• Pudgy Penguins Fly High with New Toy Line and Social Hub (NFT Lately)

• PBA Rolls Out Bowling Awards with Avalanche NFTs (NFT Lately)

• PSYOP Project in Legal Crosshairs: NFT Legal Letter Threatens Lawsuit (NFT Evening)

• Streamingfellaz: Deadfellaz’s New NFT Collection with Video Capabilities (NFT Lately)

• NFT Lending Platform Blend Surges Past 100,000 Ethereum in Total Volume (Decrypt)

• Appleton Estate Rum Goes Digital as NFT on Blockbar Marketplace (NFT Lately)

• Web3 Infrastructure Company Upstream Launches ‘Learn and Earn’ DAO Course (CoinDesk)

• Jack Butcher’s NFT Collection Takes Center Stage at Christie’s 3.0 Art Auction (NFT Lately)

• 3AC NFT Collection Sold For $2.4 Million At Sotheby’s Auction! (NFT Lately)

• Own a Piece of The Wolf of Wall Street With LALA Digital Collectibles! (NFT Evening)

• Forj Launches Ape Accelerator for BAYC Community in Web3 (NFT Lately)

• Web3 Move-to-Earn Game STEPN Integrates Apple Pay for In-Game Purchases (CoinDesk)

• A Taste of Metaverse Magic: Gordon Ramsay’s Hell’s Kitchen Sandbox Unveiled (NFT Evening)

Other Stuff We Dig:

• The Role of AI in the Future of the Metaverse (CoinDesk)

• Play to Earn Gaming News Takes Center Stage! (NFT Evening)

• Rumors Running Wild: Is MetaMask Charging Tax? (NFT Evening)

Trending Collections on Blur:

• Azuki [Floor Price - 14.43 ETH]

• Mutant Ape Yacht Club [Floor Price - 9.52 ETH]

• DeGods [Floor Price - 8.57 ETH]

Pudgy Penguins Soars with $500K in NFT-Embedded Toy Sales

The OG NFT collectibles, Pudgy Penguins, are flying high after propelling an NFT-embedded toy collection on Amazon, which opens up a new unique virtual experience on-chain. Within the first 48 hours of debuting, 20k cute Pudgy Penguins were acquired, witnessing a blizzard of sales worth around $500k.

• Pudgy Penguins are capturing consumers' interest, launching a line of tangible toys on Amazon that open up its new online network, 'Pudgy World'.

• Within the first two days of lauching, the blue-chip NFT brand sold 20k individual toys, amounting to $500k worth of sales.

• The team behind the cute Penguin characters believes that its new toy initiative can innovate the Web3 space by bringing millions of users to this digital frontier.

• The brand's dominance on Amazon sales charts outperforms world-class brands like Pokémon, Barbie, Disney, Transformers, and Lego, and is continuing to do so.

• Read the full story here: Pudgy Penguins’ Debut Toy Collection A Success: $500K in 48 Hours.

Art Blocks and Operator Unveil Interactive Generative Art with Live Performance

Art Blocks partners with award-winning duo, Operator, to launch a generative art project blending coding, blockchain, and choreography on May 24. Interestingly, the first 100 digital collectibles are part of a live performance.

• Art Blocks collaborates with Lumen Prize-winning artist duo, Operator, on a unique Web3 art project called 'Human Unreadable', pushing the boundaries of generative art tech.

• The art pieces, to be launched in three stages, intertwine generative code and choreographic sequences representing human recovery.

• From May 24, users can mint a generative art piece, later revealing a choreographic sequence under each NFT using Operator's platform.

• Operator's project 'Human Unreadable', in partnership with Art Blocks, creatively blends blockchain tech and human emotions, showcasing invisible potentialities of performance.

• The first 100 minted collectibles will culminate in a live performance by the end of 2023.

SuperRare's NYC Gallery to Bridge the Gap Between NFT Art and Physical Spaces

Curated NFT marketplace SuperRare is hosting a two-month exhibition at the 0x.17 gallery in New York, emphasizing the significance of integrating such digital art pieces into physical spaces.

• SuperRare's NYC exhibition will feature works from over 20 SuperRare artists and will open on June 1 with a solo show by AI artist Claire Silver called "Artifacts."

• The exhibition explores the intersection of AI and art through various mediums, including video, generative art, still images, poetry, music, 3D, and an AI voice avatar.

• SuperRare aims to restore human connection and storytelling by bringing NFT art into shared physical spaces, allowing for conversation and interaction among attendees.

• The integration of digital art into physical spaces helps educate and bridge the gap between traditional and crypto art, emphasizing the importance of context and the legitimacy of NFTs as an art medium.

Today's edition was written by Leah Alger.

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