Pudgy Penguins is committed to build its ecosystem to reach and impact millions. Pudgy Penguins’ Pudgy Media announces partnering with LayerZero will enable Lil Pudgys to cross-chain from Ethereum to Arbitrum, Polygon, and BNB Chain. Lil Pudgys’ users would get the soulbound Tokens via soulTransport (with each chain having one unique token).
The NFT space, despite stealing spotlights and claiming values in millions of dollars, has as a primary obstacle. The Ethereum chain does preserve the provenance of NFTs over a period of time.
Ethereum is a strong decentralized technology with a thriving community and a robust social consensus. But the user experience of Ethereum’s mainnet still needs work to be done to ease its usage for the technology.
Pudgy Penguins’ LSLTTT Holdings, Inc., is working to boost the web3 landscape. Pudgy Penguins’ objective is to build a household brand recognized by hundreds of millions via a “cultural resonance and mass appeal.” To do just that, Pudgy assets are being made available to web3 users at scale.
To improve web3 and Pudgy Penguins’ brand accessibility, easing it for its ‘next wave of users’ is a must. Expediting the interaction with and participation in the Pudgy Penguins ecosystem is on the agenda. These users should also be able to participate in their ecosystem without having to pay much in gas fees.
While reportedly there are close to two million transactions a day, gas fees can skyrocket. The current Pudgy Penguins infrastructure isn’t ready yet for such a huge user volume, hence the LayerZero partnership. With the cross-chain technology and a LayerZero partnership, Pudgy Penguins can get provenance plus a fine user experience.
LayerZero, an omnichain interoperability protocol, facilitates cross-chains. The LayerZero team hosts a team of Wizard Hat Pudgy Penguins. Via LayerZero’s omnichain technology, Lil Pudgys’ seamless bridge across multiple chains is possible. It would begin with Polygon, BNB Smart Chain, and Arbitrum.
Polygon would ease newbies’ first NFT (and Lil Pudgys) interactions. Binance Smart Chain (BSC) would boost Lil Pudgys’ access for a wider audience. Arbitrum would enable Lil Pudgys “to appeal to the wider culture.”
The Penguineering team is using the soulTransport technology to issue the soulbound tokens to those who bridge. Depending upon the bridge destination chain from the Ethereum mainnet, you would get a
corresponding commemorative token as a souvenir that will never leave your wallet.
Only one unique bridge soulbound token per wallet is permitted. The Lil Pudgy token ID will be marked ineligible for a further bridge after it is bridged once. Bridgers would get their soulbound token in 5 minutes after bridging.
You can get Lil Pudgys on Polygon, BSC, and Arbitrum at its uniform token address: 0x611747CC4576aAb44f602a65dF3557150C214493.