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Fat Penguin joins Pixelverse as the star of its popular Telegram mini-game

Fat Penguin joins Pixelverse as the star of its popular Telegram mini-game

BlockBeats2024/07/17 09:52
By:BlockBeats

Fat Penguin joins Pixelverse as the star of its popular Telegram mini-game image 0


Web3 gaming ecosystem Pixelverse is introducing the Pudgy Penguin character to its popular Telegram mini-game. The lovable character, representative of the acclaimed Pudgy Penguins NFT series, will star in the PixelTap game.


Pudgy will join PixelTap alongside other crypto darlings like Doge and Mew, the representative of the leading Solana memecoin. Pudgy, web3’s most recognizable character, joining the viral PixelTap game will create a friendly entry point for mainstream users into the world of web3.


Pudgy Penguins has taken the crypto world by storm, and in turn the world, breaking records for all web3 native IPs. The Pudgy Instagram account has over 4 million followers, while over 1 million Pudgy toys have been sold in major stores including Walmart.


Pixelverse’s integration will allow players to play with the lovable Pudgy characters and make web3 gaming less intimidating for beginners. It will give Pudgy fans their first chance to experience the penguin gaming characters ahead of the official Pudgy Penguins game’s planned release in 2025.


Pixelverse has seen record demand for its gaming ecosystem, expanding beyond Telegram’s successful click-to-earn model to add real-time PvP battles. In the first month after launch, over 50 million users signed up for PixelTap, and its games now attract over 10 million players per day.


Pudgy Penguins has achieved the rare feat of growing beyond its original launch as a PFP collection of 8,888 unique characters. The brand IP has since expanded to multiple licensing agreements including plush toys, providing fans with new ways to interact with Pudgy.


NFT market declines in Q2 2024


According to CryptoSlam, NFT sales in the second quarter of 2024 fell 45% from the first quarter, from $4.1 billion in the first quarter to $2.24 billion in the second quarter, the lowest point in the NFT market since the third quarter of 2023.


Despite the NFT market downturn, some experts believe that this is a correction cycle that the market is going through. Anoir Houmou, founder and CEO of RECRD, a Sui-backed video engagement platform, said that the trend shows that the market is maturing after the explosive growth in previous years.


Games will continue to drive Web3 adoption despite the decline in transactions


Despite the decline in NFT sales, Pixelverse and Pudgy Penguins remain some of the biggest names in the Web3 gaming and NFT space. Telegram mini-game PixelTap reportedly reached more than 50 million users in the first month since its launch.


Pixelverse co-founder Kori Leon stressed the importance of building communities for Web3 projects. Leon explained: “Over the years, we have witnessed many infrastructure projects start with grand promises but fail to attract users beyond the Web3 community. In order for the ecosystem to thrive, it is critical that projects focus on what makes them successful: community, culture, and distribution.”


The executive believes that projects that ignore community, culture, and distribution will fail in the next cycle. Leon explained that users are “tired of” empty promises from founders who fail to deliver on their vision.


Finally, Pudgy is once again expanding into new areas, reaching millions of users in the Pixelverse and TON ecosystems.


About Pudgy Penguin


Pudgy Penguins began as a collection of 8,888 NFTs and later evolved into a brand development company after being acquired by CEO Luca Netz in April 2022. The brand surpassed $450 million in NFT transactions and expanded into Pudgy World, a digital experience using blockchain, and launched Pudgy Toys, which is now sold in over 10,000 retailers including Walmart and Target. Despite the NFT market downturn, Pudgy Penguins thrives with innovative products and strong community connections, committed to making the consumer crypto revolution a reality.


About Pixelverse


Pixelverse is a cyberpunk-themed gaming ecosystem available on Telegram and web browsers, with 70 million players and a strong web3 brand with 14 million social media followers. Pixelverse integrates third-party developers, IPs and its own projects through its PixelTap Telegram mini-games, which feature RPG elements and PvP combat. The platform also supports well-known projects like Ben Mauro's "Huxley" and multi-chain web3 characters. For more information, visit the Pixelverse Telegram channel or follow on Twitter.


This article is from a contribution and does not represent the views of BlockBeats



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