Pudgy Penguins launch Metaverse-ready trading platform

Pudgy Penguins launch Metaverse-ready trading platform

Zach Heerwagen

Dec 15, 2023

·

3 min read

Zach Heerwagen

Dec 15, 2023

·

3 min read

Today Pudgy Penguins, a Web3 brand that produces content, merchandise, toys, and digital collectables, is announcing a strategic partnership with Snag Solutions to launch an integrated marketplace & trading experience. The partnership announcement coincides with the launch of Pudgy Penguin’s ‘Pudgy World’ metaverse, built on ZKSync and integrated with the new Pudgy marketplace.


In the near future, Pudgy World will include highly customized purchase flows to let users purchase traits to customize their Penguins from the digital experience shortly following launch. The updated Pudgies marketplace replaces the previous experience and offers new features including secure peer to peer trading and token gated holder social feed + directory.


The marketplace will also feature integrations from Pudgy Penguins & Snag partners Dynamic.xyz and LayerZero. Dynamic’s auth layer lets new Web3 users easily create new wallets via email eliminating the need to manage private keys, and let users operate seamlessly across Pudgy World, pudgypenguins.com, and marketplace.pudgypenguins.com from a single account. The new pudgy marketplace will also replace the current Lil Pudgy’s bridge by letting Lil Pudgy’s move across Ethereum and Polygon directly from the marketplace using LayerZero’s ONFT standard.


Pudgy Penguins President, Lorenzo Melendez, said, “We’re beyond excited to partner with Snag as we take our digital experience to the next level. To scale a toy business we need to completely abstract crypto & blockchain technology as requirements to participate in the Pudgy Penguins ecosystem, and from our first conversation we knew Snag was the right partner to help us create the best buying experience for every user.”


This ‘phase 1’ launch is already a step forward for fully integrated NFT purchasing with no existing wallet or crypto currency required to purchase. Users can scan traits from any physical Penguin, register their traits to a new or existing wallet, and purchase new traits via credit card with no additional friction. By end of year, users will be able to purchase their favorite traits directly from the Pudgy World metaverse.


Snag CEO, Zach Heerwagen said, “We’ve wanted to work with Pudgy Penguins since inception as Luca + Lorenzo kicked off their plan to make the Penguins a leading collectibles brand. Following there massively successful debut in the toys category, we’re thrilled to be innovating together at forefront of eComm as we help them win at the intersection of physical * digital.”


As Pudgy Penguins continues to grow into an undeniable, top brand, and they continue to be leaders in the Web3 space, its NFT holders will reap the benefits of owning a piece of the IP that underlies the Pudgy Penguins brand. To learn more and join the Pudgy Penguins community, visit marketplace.pudgypenguins.com.



About Pudgy Penguins


Pudgy Penguins is dedicated to making Web3 accessible to everyone by creating innovative products that enable seamless onboarding. Their focus on community empowerment and building brand awareness has made them the leading IP in the Web3 space. They’re committed to impacting the everyday consumer and shaping the future of Web3 and beyond. Visit pudgypenguins.com to learn more.