The operation of the chubby penguin is indeed top-notch, directly reversing the traditional toy path. Relying on more than 10,000 offline retail stores globally to implement "rural encirclement of cities," it has even brought its influence to Capitol Hill. This is no longer just a simple NFT small circle self-entertainment; it is genuinely planning to compete with Disney and Pokémon in the $30 billion licensing market.
From a narrative perspective, PP has evolved from "small images" to "consumer-grade IP." A 15-fold return on ad spend indicates that the brand premium is terrifying. While other projects are still entangled with floor prices, they are already playing with institutional penetration and mass market licensing. This kind of physical feedback into digital assets is the correct path for Web3 to move towards the mainstream. This flavor is very authentic, and the fundamentals are indeed strong, making it worth long-term observation. Do you think this path of physicalization is the ultimate solution for NFTs? #PudgyPenguins #NFT #Web3
#IPNarrative $ETH