We’re seeing an uptick in crypto fundraising.
Source: @DefiIgnas on X
That’s a good sign for crypto projects and the market in general.
Investor confidence is up and the timing has been perfect thanks to positive macro signals, ETF speculation, and Bitcoin halving.
Share your thoughts…
(We’ll pick the best ones and share them with the community in our next newsletter.)
Matt & Vineet
Is NFT back?
Pudgy Penguins is stepping into the gaming world.
At Art Basel in Miami, they revealed a trailer for their upcoming 3D browser game, "Pudgy World."
Set for an alpha release in 2024, this move marks a significant expansion for the brand.
After a $9 million funding round, Pudgy Penguins has seen a resurgence.
Their products, including plush toys, are now available in over 2,000 U.S. Walmart and Hot Topic stores.
Their social media presence has also exploded, with viral videos amassing millions of views.
Pudgy World: A New Gaming Experience
Pudgy World promises to offer a unique gaming experience:
- NFT holders and plush toy owners can adopt 3D avatars of their collectibles.
- The game will be free-to-play, with optional purchases for character customization.
- A story-driven journey awaits players, following characters Pudgy and Peaches.
The alpha launch of Pudgy World aims to bridge the gap between Web3 and mainstream gaming.
Powering Pudgy World is zkSync's Ethereum layer-2 scaling protocol, ensuring user privacy and efficient blockchain transactions.
Their goal is to set the stage for a secure and immersive gaming experience.
Pudgy Penguins is setting new standards for how NFT projects can leverage new business models to keep the community growing.
Swan is a leading Bitcoin financial services company.
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