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NFTs, an acronym for “non-fungible tokens,” are a subcategory of cryptocurrencies that represents ownership of a unique asset. They’ve taken the investing world by storm because they represent a new and unique class of asset. Since Pudgy Penguin NFTs appear in the news often, we aren’t surprised the adorable birds have piqued the interest of anyone remotely interested in this currency type.
If you’re curious as to why these Antarctic avian dwellers are attracting the attention of NFT enthusiasts, read on. From a change in the project’s leadership to celebrities adopting them, we’ll address everything you need to know about Pudgy Penguins, and how they’re planning to shake up Web 3.0.
Pudgy Penguin NFTs embody empathy, meaningfulness and compassion as their theme. The Pudgy Penguin NFT collection includes 8,888 individual NFTs. Like other popular NFT projects, Pudgy Penguins are hosted on the Ethereum blockchain.
The Pudgy Penguin NFT group flocked onto the scene in the summer of 2021. It quickly became one of the most popular NFT projects. Sales rocketed partly because of the individualized, exclusive niche the Pudgy Penguin NFT occupied in the NFT space and how involved the community seemed to be in the future of the project.