Pudgy Penguins are pushing the “culture.”
Yesterday, Igloo Inc. (parent company of Pugdy Penguins) acquired what they’re calling a “culture L2” named Abstract. It will be focused on powering consumer crypto apps in general, not just Pudgy-related projects.
“Culture” is such a vague word, but in this context, I understand it to mean that they’ll be building products that are focused on mainstream appeal. I’m excited to see what they launch first and the extent to which they incorporate crypto tech into the experience. Considering the Pudgy track record (toys in Walmart, etc.) I feel confident that what they produce will bring value to the brand.
I’ll definitely continue to hold my Pudgy and Lil’ Pudgy and wait and see!
***Pudgy’s floor price is currently .5 ETH higher than Bored Apes