Pudgy Penguins is an NFT collection that gained popularity and mainstream success in 2021. After initially facing challenges and leadership turmoil, the project was acquired by Luca Netz and underwent a revival. Under new leadership, Pudgy Penguins launched a toy line and established partnerships with major retailers like Walmart and Target. The project also focused on growing its social media presence and raised $9 million in funding. In 2024, Pudgy Penguins launched an ecosystem token on Solana called PENGU. The collection expanded with the introduction of Lil Pudgys and Pudgy Rods. The project is currently building Pudgy World, a Web3 playground and storytelling universe. Additionally, Pudgy Penguins is working on a mobile royale game called Pudgy Party.
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