By adding cross-chain technology to its colony, Pudgy Penguins can get the best of both worlds: provenance and user experience
Pudgy Penguins — an Ethereum-based NFT collection of 8,888 hand-drawn penguins — officially became cross-chain today.
- Pudgy Penguins expanded its vision to other platforms today, starting with Arbitrum, Polygon, and BNB Chain.
- LayerZero Labs developed the technology to make cross-chain bridging for the Lil Pudgys possible.
- This expansion sets the grounds for the Pudgy Penguins’ ecosystem to grow, opening up exciting opportunities for a smooth road ahead.
About Pudgy Penguins Expansion
Although Ethereum is a fantastic platform for maintaining the authenticity and history of non-fungible tokens (NFTs), the network is only built to withstand the test of time, and is not beginner freindly, according to Pudgy Penguins itself.
As a result, by partnering with LayerZero — an omnichain interoperability protocol that makes going cross-chain possible — Pudgy Penguins are now able to huddle across three different chains.
And boy, do these Lil Pudgys like to show off about it:
As a result, Lil Pudgys are now easily accessible across numerous blockchain networks, starting with Arbitrum, Polygon, and BNB Chain.
Plans to expand even further are in the pipeline.
What’s Cool About Cross-Chain?
There are tons of advantages for Penguins for moving across chains. Cross-chain allows for great interoperability between various blockchain platforms. Therefore, Pudgy Penguins are now usable across multiple ecosystems, rather than just one.
Another benefit includes increased liquidity. Transferring between different chains increases the market’s liquidity, making it easier for buyers to buy and sell these digital assets.
On the other hand, these NFTs can reach a broader target market, as they are now tradeable on different platforms.
“Our endgame as Pudgy Penguins is to build a household brand that hundreds of millions recognize through our cultural resonance and mass appeal. To achieve that, we’re focused on building for the next paradigm of Web3. The first step towards that vision is to make Pudgy assets readily available for as many Web3 users as possible,”
says Pudgy Penguins in a blog post.
Broadening out to cross-chains also helps mitigate scalability problems that some blockchains face, as the digital assets can move to other chains if one faces congestion issues. This also allows users to become a part of the Pudgy Penguin ecosystem without the worry of ridiculous gas fees.
The Future of Lil Pudgys
By breaching out its horizons to more blockchain networks, Pudgy Penguins opens up a positive future on numerous chains.
In addition to going cross-chain, Pudgy Penguins’ soulTransport technology will also automatically be rewarding its customers with a Soulbound Token based on which chain the Lil Pudgy joins.
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