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Welcome to Decrypt’s Week in Polkadot, our regular round-up of the latest developments in the Polkadot ecosystem.
Pudgy Penguins land on Polkadot with mobile game
Web3 gaming studio Mythical Games is set to release a Polkadot-based mobile game based on the well-known NFT brand Pudgy Penguins.
The Pudgy Penguins brand has made inroads into the mainstream in recent months; physical toys based on its intellectual property have been released in Walmart and Target, while the brand has hit the pages of outlets like the New York Times.
The “AAA” mobile game will launch on the Mythical platform, home to other NFT-trading-centric games NFL Rivals and Blankos Block Party, at some point in 2025.
The Mythos Chain (MYTH), which will host the Pudgy Penguins mobile game, claims over one million active wallets and over 5 million players, and will be migrating to Polkadot shortly.
Pudgy Penguins was Decrypt’s NFT Project of the Year in 2023, with the team behind the tokens managing to raise $9 million in May 2023 despite the crash in NFT values earlier that year.
Frequency parachain tops monthly transactions
Frequency, a parachain aimed at providing a framework for decentralized social media that prioritizes privacy, was by far the most popular parachain on Polkadot this month.
The daily number of transactions on Frequency averaged 180,000 in the last 10 days, according to Polkadot analytics outfit DotLake, a 108x month-on-month increase.
Polkadot parachains number of transactions. Image: DotLake
MeWe, a decentralized social network designed to solve Big Tech-related privacy issues, is in the process of migrating to Polkadot parachain Frequency, after first announcing the move last year.
The firm’s founder and CEO Jeffrey Edell believes that blockchain can be used to combat issues that have plagued social media over the past decade, such as fake news, disinformation and misinformation.
This isn’t the first time Frequency has been in the crypto news recently.
Frank McCourt, a real estate billionaire with an estimated net worth of $1.4 billion, has launched a “people’s bid” to buy TikTok, and plans to shift some elements of its technical framework to an architecture created by Project Liberty, based on Frequency.
However, this is dependent on the billionaire’s bid for the social media platform succeeding, while the U.S. government would need to force TikTok to divest its interests.
Polkadot Decoded gets entertainment
Polkadot Decoded, the world’s largest Polkadot Community Event, has partnered with Beatport.
Beatport is one of the world’s largest online electronic music stores aimed at DJs, and the platform provides its own specialized streaming service.
Beatport will provide music for the Polkadot Decoded’s closing event. Headliners have yet to be announced for the event, but 2023’s closing event featured artists such as Len Faki, Gina Jeanz, Lovecatt, Tsuniman and MARRØN.
We’re thrilled to announce that Beatport is teaming up with @Polkadot to kick off @PolkadotDecoded 2024 in style! Join us on July 10th in Brussels for the Opening Party, featuring a massive lineup at the exciting warehouse venue.
Long time collaborators Polkadot creator Gavin Wood and Ethereum creator Vitalik Buterin took to the stage at EthPrague last week.
The pair, who first collaborated over a decade ago, discussed how crypto can help address corruption in the developing world, crypto’s relevance to average people, Polkadot’s impending JAM upgrade and the democratic future of Ethereum.
Wood and Buterin also explored the best way to build an ecosystem and the pros and cons of and on-chain and off-chain governance.
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