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The Street
The Street
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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