Pudgy Penguins is set to feature a special "Pudgy Land" region within My Neighbor Alice's new Snowflake Wilds, offering exclusive gameplay for NFT holders. This partnership comes as an expansion into the world of blockchain gaming, granting Pudgy Penguin owners access to exclusive in-game experiences. At the same time, Canary Capital has filed for a Pudgy Penguin ETF, as the collection’s PENGU token goes for a wild ride on crypto markets.

The integration with My Neighbor Alice, a multiplayer game built on the Chromia blockchain, allows Pudgy Penguin holders to utilize their NFTs in a virtual environment. This announcement follows Pudgy Penguins’ expansion into blockchain gaming through the launch of “Pengu Clash” on the TON blockchain. These advances come at a time of greatly decreased NFT prices and the recent launch of their PENGU token.

Pudgy Land in My Neighbor Alice

My Neighbor Alice’s Snowflake Wilds will include Pudgy Land, a special area for Pudgy Penguin NFT holders. While Snowflake Wilds are open for any player to enjoy, Pudgy Land will provide a one-of-a-kind experience that’s exclusive to Pudgy Penguin holders. Community members will be able to use Pudgy Land to socialize, complete quests, craft items, and interact with one another.

Now, Pudgy holders can see their own unique NFTs come to life in-game, interact with the world, enjoy exclusive gameplay and even create new experiences for others. That's the power of connected ecosystems and a big step towards the open metaverse.

With this partnership we're pushing the envelope when it comes to interoperability." - Steve Haßenpflug, vice president of games at ChromaWay and My Neighbor Alice.

This partnership represents a big move toward interoperability, providing NFT holders the ability to use their assets across a variety of platforms.

PENGU Token and Market Dynamics

Then in December, Pudgy Penguins released its Solana-based PENGU token as an airdrop. This decision has already led to major destabilization of the NFT/token industry. The circulation of this new PENGU token increased the floor price on Pudgy Penguins to a staggering 25 ETH. It quickly succumbed to a correction of sorts. As of this writing, that floor price is 9.24 ETH.

PENGU is pumping hard today, up nearly 2% on the day so far. It has skyrocketed an astounding 16% in the past week, vividly illustrating the captivating market enthusiasm and volatility. One firm, Canary Capital, has even suggested a Pudgy Penguin ETF. This fund will be required to buy and hold PENGU tokens and invest up to 15% of its assets in Pudgy Penguin NFTs.

Expanding the Pudgy Penguins Universe

Pudgy Penguins is growing the brand further with new initiatives. Pudgy Penguins plans to have a children’s book published in partnership with Random House. Titled “The Worst Birthday Present Ever,” it will be released in May and further cement their reputation within traditional media.

Multiplayer community skill game on the TON blockchain with mini games including darts, football and bomber that provide TOKEN rewards and cosmetics unlocks. The mobile game will let Telegram’s one billion+ users join the fun, making Pudgy Penguins’ ecosystem even more expansive.