Pudgy Penguins expands from NFT to toy brand.
The Pudgy Penguins NFT collection on Ethereum is expanding into the physical toy space. The company has announced a new line of toys based on their NFT characters, aiming to reach a broader market beyond the Web3 space.
These toys will be available for purchase at traditional retail stores, enhancing the Pudgy Penguins brand recognition and providing added value to NFT holders. This move is similar to how other NFT brands like Bored Ape Yacht Club have expanded into physical and entertainment spaces.