Pudgy Penguins Waddling Forward as Soulbound Pioneers

Pudgy Penguins Waddling Forward as Soulbound Pioneers
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Pudgy Penguins announced the official Sotheby's Soulbound Token (SBT), a token of authentication from participating in the auction last November.

🧐 Wait, What?

Soulbound tokens (SBTs) are NFTs or tokens that cannot be transferred from the wallet they are initially distributed to. 

❗ Why It Matters

This news comes on the back of the Pudgy Penguins team announcing the release of "The Pudgy soulTransport" a few weeks back.

The implementation of this decentralized solution for the distribution of soulbound tokens for Pudgy Penguin subcommunities is an effort to expand Web3 accessibility, and the commemoration of the Sotheby's auction represents yet another step along that journey.


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