Pudgy Penguins Announces Igloo Inc.
Pudgy Penguins unveiled Igloo Inc, the new parent company of Pudgy Penguins and OverpassIP, which is on a mission to build the largest on-chain community and drive the consumer crypto revolution.
The Deets
- Pudgy Penguins: The top-of-funnel brand creating emotional attachment and trust.
- OverpassIP: Aligns collectors with the brand through licensing.
- Crypto Adoption: Focuses on non-dilutive entry into the crypto space.
- Future Vision: Plans to create an end-to-end ecosystem for mass crypto adoption.
The Bulk
Igloo Inc was formed to create an end-to-end ecosystem for newcomers to enter the crypto space without dilution. Pudgy Penguins will serve as the gateway, leveraging its unique brand to foster emotional connections with users. OverpassIP will ensure collectors are aligned with the brand through strategic licensing agreements.
The company emphasizes that its goal of crypto adoption does not depend on the volatile nature of crypto assets. Instead, it aims to push the boundaries of the on-chain experience, making it accessible and appealing to a broader audience.
🧐 Wait, What?
The end-to-end ecosystem means creating a comprehensive journey for users from the initial introduction to full participation in the crypto space. This approach ensures users have all the necessary tools and support to engage with crypto confidently.
📊 By the Numbers
After a broader sell-off, Pudgy Penguins regrouped and bounced leading into the weekend and now sit at 8.98 ETH.
🔜 What's Next
In the coming months, Igloo Inc plans to further develop its ecosystem, enhancing the user experience and driving greater adoption of crypto technologies.
For more web3 and NFT news, visit the Lucky Trader newsfeed.
