Pudgy Penguins Squashes OpenSea Rumors, Eyes Global Partnerships
Pudgy Penguins has denied recent speculation suggesting it acquired the NFT marketplace OpenSea.
The rumors gained momentum after resurfaced social media posts and coincidental timing between announcements from both projects led some users to believe a quiet acquisition had taken place.
Pudgy Penguins Shuts Down OpenSea Rumors Amid ETF PlansOn July 26, Beau, the NFT project’s head of security, clarified that no such acquisition occurred.
According to him, the NFT-focused firm is focused on expanding brand partnerships and scaling its existing ecosystem.
Beau encouraged the Pudgy Penguin community to shift attention away from takeover narratives and focus on its broader growth initiatives, which include collaborations with established global brands such as Lufthansa and NASCAR.
“The scale of things planned for the Penguin is so large that you need not speculate on a single acquisition. Instead talk about partnering with Lufthansa and NASCAR, and go find the next great brand for us to proliferate with,” he stated.
Pudgy Penguins, launched in July 2021, consists of 8,888 cartoon-styled penguin NFTs and has become one of the most recognizable collections in the space.
Luca Netz, the CEO of Igloo Inc. and the owner of the Pudgy Penguins NFT project, recently highlighted the project’s popularity, with over 100 billion views recorded through its content distribution network.
Penguin proliferation in full effect.
0.1 Trillion pic.twitter.com/Jv9Ue3mX06
