Crypto Fall Brings Chaos to the Popular Pudgy Penguins NFT Land

By Vidhi Choudhary The infighting raises governance questions surrounding NFT communities, especially what happens when founders fail to deliver on their promises. A flock of digital penguin avatars or “pengus” part of the popular non-fungible token community Pudgy Penguins want to reportedly buyout its founders amid a crypto flash crash. Pudgy Penguins is an NFT subcategory of cryptocurrencies that represents ownership in a unique asset, collection of 8,888 Penguins on the ethereum ETH blockchain that was launched in July last year. The collection of 8,888 chubby and flightless Antarctic crea…

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