Pudgy Penguins CEO Luca Netz Led Firm to Success, Whereas the NFT Market Crashed

by Jeremy

Toys being linked to a digital expertise might not be a novel idea (see Webkinz from the 2010s). However Pudgy Toys provides homeowners actual IP for his or her cash. We”took 16 holders of Pudgy Penguin NFTs, 16 licensing preparations, and made 16 toys. Each time a kind of toys sells, they get the license in perpetuity,” Schnetzler stated. “IPs have been constructed round model and consumption, we need to change that to model and contributors.”

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