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News Explorer — Pudgy Penguins to Release a Toy Line to Build NFT Brand, Attract Capital

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May 18, 7:00 pm
Techcrunch

Pudgy Penguins to Release a Toy Line to Build NFT Brand, Attract Capital

Pudgy Penguins, an NFT collection and IP company, is releasing a line of toys in collaboration with PMI. The toys are meant to make the company more sustainable and to create an IP that transcends the NFT ecosystem. Each toy comes with a birth certificate and QR code that unlocks a series of NFTs. The company also recently raised a $9 million seed round.

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