Pudgy Penguins is a collection of 8,888 NFT penguins launched in July 2021. Recently, the project gained significant attention when major exchanges like Binance, Bybit, and OKX listed its PENGU token, coinciding with the announcement of a massive airdrop eligibility check. Over 7 million wallets qualified, sparking widespread excitement as many users reported receiving substantial token allocations.
What Is Pudgy Penguins (PENGU)?
Pudgy Penguins is a PFP NFT collection featuring adorable cartoon penguins on the Ethereum blockchain. Each ERC-721 token boasts unique traits, making them irreplaceable and indivisible. The collection sold out within 19 minutes of its launch due to its charming design and strong community appeal.
Key Features:
- Blue-chip NFT status: Ranked among the top 20 NFT collections by market cap.
- Brand licensing: One of the few NFT projects with registered trademarks.
- Community-driven: Supported by clans like Pudgy Alpha and Pudgy Gaming.
How Do Pudgy Penguins NFTs Work?
Each Pudgy Penguin NFT has five attributes:
- Background
- Body
- Face
- Head
- Skin
Rarer traits increase an NFT’s value. For example, a penguin with a rare "Gold Skin" might fetch a higher price than one with common features.
Pudgy Penguins’ Ecosystem
1. Pudgy Giphy’s
- Free-to-use GIFs on Giphy.com, accessible without owning an NFT.
2. Pudgy Huddle
- The official e-commerce store selling toys, plushies, and apparel available on Amazon and Walmart.
3. Lil Pudgys
- A secondary collection of 22,222 chibi-style penguins, offering a cheaper entry point. Uses LayerZero for cross-chain functionality between Ethereum and Polygon.
Tokenomics of PENGU
- Token Name: Pudgy Penguins
- Symbol: PENGU
- Blockchain: Solana
- Total Supply: 88.88B PENGU
- Circulating Supply: 62.86B PENGU
Distribution:
- Community Airdrop: 25.9%
- Team & Advisors: 17.8%
- Liquidity Pools: 12.35%
Team & Investors
CEO: Luca Netz
Notable Investors: Big Brain Holdings, LayerZero Labs founders, and CRIT Ventures, who contributed to a $9M funding round in May 2023.
Airdrop & Exchange Listings
The PENGU token launched on December 17, 2024, with claims open for 88 days. Users can check eligibility and claim via:
👉 Pudgy Penguins Airdrop Portal
Key Details:
- 7M+ eligible wallets.
- Unclaimed tokens will be burned post-deadline.
FAQs
1. How do I claim my PENGU airdrop?
Connect your Solana or Ethereum wallet at the official claim portal before the deadline.
2. What exchanges list PENGU?
Binance, Bybit, and OKX, among others.
3. Are Pudgy Penguins NFTs a good investment?
While historically popular, always conduct independent research before investing.
Final Thoughts
Pudgy Penguins revitalized interest in NFTs with its token launch and generous airdrop. Whether you’re a collector or trader, this project blends creativity with strategic tokenomics.
For updates, follow their official channels.