Pudgy Penguins is a unique NFT project that has created an important identity in Crypto and NFT World. It is not only a crypto project, but has also become a cultural revolution. This project first came into existence as a digital penguin NFT, but over time it has developed as a strong and impressive crypto community. Along with this, this project also launched its own crypto token, Pengu, which has now become an important name in the world of cryptocurrency. Let’s know in detail about Pudgy Penguins and its Pengu Token.
What are Pudgy Penguins?
Pudgy Penguins is an NFT collection, launched in July 2021. It has 8,888 unique and cute penguin NFT, which has been mints on the Etreum Blockchain. Each penguin has special properties that produce up to five random, such as body types, backgrounds, clothes, and other accessories, which make every penguins unique. The most important aspect of pudgy penguins is its strong and dedicated community. The project started as a digital art collection, but now it is succeeding in creating a strong and active crypto community. At the same time also many other unique NFT projects of Pudgy Penguins are coming out, which are providing many unique methods in the field of digital asset, such as Fund NFT,
What is pengu token?
Pengu is the official crypto token of the Pudgy Penguins Project. This token works to unite especially the community, increase engagement between fences and include more people in this ecosystem. It was launched in July 2021 and developed as a Memecoin, which is becoming increasingly popular in the world of cryptocurrency today. The purpose of Pengu is to become a cultural symbol that represents community, positive vibes and mims.
Pengu has been mainly launched on Solana Blockchain, which has been selected for Top Throughput and Low Transaction Fee, which can make the experience of users even better. Future is also planned to bring it to other blockchains.
History of Pudgy Penguins
The Pudgy Penguins Project began in 2021. Initially it was only a digital NFT collection, with 8,888 Penguin. Although Crypto and NFT market declined in 2022, Pudgy Penguins faced this challenge and in April 2022, Luca Netz had bought IP rights, IP rights of Pudgy Penguins. At that time his price was 2,500 eth (about $ 2.5 million).
In Luca’s leadership, Pudgy Penguins have got a new direction and have been converted into a real life brand by taking it out of the scope of Crypto and NFT. Luca first took a decision to join the Pudgy Penguins Community and actively participated in the Discord server to understand their reactions and ideas. This strategy has given a new life to the project and with the support of the community, Pudgy Penguins have got a new identity.
Tronomics of Pengu Coin
Pengu Coin has a total supply of 88,888,888,888 tokens and the distribution of tokens has been done as follows –
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50% The token is kept for the development and expansion of the community. Which is to reward active participants and identify their contribution.
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29.28% The token is placed with the core team and the company, which has a vesting schedule to ensure long-term commitment.
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12.35% The token liquidity is placed in the pools, so that their liquidity in the market remains and there is no hindrance in the trading.
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8% The token is reserved for promotion of public goods and tokens.
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0.35% FTX token is reserved for holders.
The objective of this distribution is to promote the community of pudgy penguins and maintain it in the long-term period.
How to buy Pengu?
The process of buying a pengu token is quite easy and you can buy it at a Bitcoin Collect like Crypto Exchange. The process of buying this token is as follows –
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Create an account and verify your identity, First of all you will need a crypto wallet and after that you have to verify your identity, so that all legal regulators can be followed.
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Submit the amount to your account: Once your account is ready, you will need to submit some amount in your wallet. You can deposit money through bank transfer, credit/debit card or other methods.
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Buy pengu token, Once the amount is deposited in your account, you can buy Pengu Token. You can easily find a pengu token on the platform of Bitcoin Collect and buy tokens in quantity as per your wish.
Will the Future of Pengu Coin be bright?
The Future of Pengu appears very bright. However, fluctuations in Crypto and NFT Marketplace are common and the strong community of Pudgy Penguins and the planning behind it can lead it to long-term success. Its roadmap consists of many ambisus projects, such as expanding it on different blockchain and partnership with large brands.
The most important benefit for Pengu is its community and popularity. As more people adopt it and join it, Pengu Worth Can increase more. In addition, the brand of pudgy penguins can also intermittens new areas through its cute and attractive penguins, such as in merchandise, toys and other consumer products.
Conclusion
Pudgy Penguins and Pengu Token have made a special place in the world of crypto and NFT. The project has not only brought revolution in Digital Art and NFTS World, but has also been successful in creating a strong and dedicated community. The use of Pengu is not only in the form of a crypto token, but also as a cultural symbol. The direction of its future looks very positive, especially if it executes its planning properly and is constantly associated with its community, it can play a major role in the world of cryptocurrency and NFT in the future.
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