Non-fungible tokens (NFTs) are built using the same programming as other cryptocurrencies, such as Ethereum and Bitcoin. NFTs are cryptographic assets on the blockchain with a unique identity in code and metadata that sets them apart. They may include a piece of art, digital content, or media. And when you talk about art, Pudgy Penguins are the leader in this space.
The Pudgy Penguin NFT collection was started in 2021 by 4 college students when the cryptocurrency market was skyrocketing. The now iconic collection entered the space in style and immediately claimed its position in the market.
Since its founding, Pudgy Penguins has had the best community with viral memes. Through their hard work, Pudgy Penguins has reached billions of people worldwide through viral GIFs. Pudgy Penguins’ community members are involved in spreading impactful GIFs with over a billion impressions on GIPHY.
The self-proclaimed Pengu Nation is on a mission to dominate the gif world by creating a community-driven collection of gifs that spread positivity and good vibes. If you want to be a part of this movement and have a chance for your penguin to be featured in a GIF or sticker simply visit the Pudgy Penguin meme generator.
Pudgy Penguins has become a beacon of positivity and smiles in the NFT space because their memes touch people differently. The Pudgy Penguins collection includes flightless birds designed to be joyful and welcoming. You will notice their chubby and humorous appearances, making them the perfect way to cheer up the meme culture rooted in Web3.
The Pudgy Penguin NFT collection offers its holders something unique. You have the opportunity to be part of a community dedicated to spreading positivity throughout the NFT space. It is an ever-growing community. Due to this, becoming a member makes you part of its history and future. Its story is based on community engagement and resilience. That is part of the reason for their recent auction, which generated funds to continue supporting the initiatives of the Pudgy Penguins NFT holders and also make the project’s first major donation to charity. This time, the community has chosen Oceanites to show support for their science-based conservation efforts in Antarctica.
The launch of Pudgy Penguins led to an instant boost in its popularity, garnering over 60,000 ETH in transaction volumes within the first year. It also witnessed an individual boost in sales as large as 400 ETH. With that incredible start, Pudgy Penguins became a standard for digital collectibles and a leader in the NFT space.
However, Pudgy Penguins have also faced challenges. In the second quarter of 2022, it encountered the Great Blizzard. It could not move forward. And through that struggle, the founder transferred his iconic penguin to Luca Netz. Luca is an avid community member who led the huddle and transformed Pudgy Penguins into what they are today. Through his positivity, hard work, dedication, and leadership, the Pudgy Penguins NFT collection started realizing higher sales volume and prices. Today, that iconic penguin is an important piece of the collection’s history, which also shows the new transformation of the Pudgy Penguins community.