Igloo Inc., a newly introduced parent company, unites the famous NFT brand Pudgy Penguins and the leading NFT licensing platform OverpassIP. It is a significant collaboration that changes the perception and experience of new crypto users when using digital assets. The company’s mission is to directly onboard as many users as possible to the blockchain layer to advance the consumer crypto movement.
Contrary to most projects, Igloo focuses on enabling the everyday use of cryptocurrencies by improving the user experience on the blockchain. Calling it simplicity, Igloo has laid out its marketing strategy to make the cryptocurrency product as appealing to as many people as possible.
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Pudgy Penguins is the Flagship Brand
Pudgy Penguins, established in 2021, will act as the primary or keynote brand to Igloo’s ecosystem brands. The NFT project has evolved from being just an unorganized sector where people reproduce their work and sell it as art, NFT brands are now well-formed brands that not only seek to operate in the digital world but also evoke emotions from the viewers. It is argued that this hostility is fundamental to developing much-needed trust and familiarity with crypto.
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To this effect, Pudgy Penguins has agreed with Walmart stores and Target. Also, in 2020, the project declared a partnership with Mythical Games – an experienced game developer, to create engaging video games based on a mobile application. The titles of these games are still upcoming and will undergo a soft launch in 2025.
The current data shows Pudgy Penguins’ floor price is around 9.13 ETH, equivalent to $30,700. Market capitalization is within the region of $274 million, and the actual volume of transactions over the last 24 hours equals $ 1mln for the NFT project. These figures show that Pudgy Penguins are now a major player in the NFT space and are making a significant impact.
Future Plans and Vision of Igloo Inc
Igloo Inc. aims to establish a long-term blockchain environment for the firm and its partners. The company’s idea is to expand the number of available features shortly to achieve the company’s ultimate mission of creating a one-stop-app-design experience. This campaign seeks to push cryptocurrency into the future, where it is easily understandable and enjoyable.
By focusing on the on-chain experience and leveraging the popularity of Pudgy Penguins, Igloo Inc. is poised to play a pivotal role in the consumer crypto revolution. The company’s strategic partnerships and innovative approach highlight its commitment to enhancing the crypto experience for newcomers and seasoned users.
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Maxwell Mutuma
Maxwell is a crypto-economic analyst and Blockchain enthusiast, passionate about helping people understand the potential of decentralized technology. He writes extensively on topics such as blockchain, cryptocurrency, tokens, and more for top publications such as Coingape, Coin Edition, and The Coin Republic. His goal is to spread knowledge about this revolutionary technology and its implications for economic freedom and social good.