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'Walmart's only crypto toy' shuts down popular game

From thestreet.com

The Pudgy Penguins (PENGU) is one of the most popular non-fungible token (NFT) projects ever. In simple words, an NFT is a unique digital asset that acts as a secure certificate of ownership for a specific item, such as digital art, music, gaming avatars, or virtual real estate. In September 2023, Pudgy Penguins partnered with Walmart to launch Pudgy Toys, a line of plushies, figurines, and physical collectibles inspired by its NFT collection. The products debuted in 2,000 Walmart stores across the United States. Pudgy Penguins toys are available for sale on the Walmart website too. But the NFT mania seems to be ... (full story)

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  • Category: Fundamental Analysis