Pudgy Penguins, a prominent NFT collection, has announced a partnership with Mythical Games to develop a Web3-powered AAA mobile game on the Polkadot-based Mythos Chain, according to a May 30 statement.

The game will launch in 2025, featuring the beloved Pudgy Penguins characters and their unique lore and humor.

Pudgy Penguins

Pudgy Penguins is one of the most popular NFT collections in the industry. According to CryptoSlam data, the NFTs rank among the top 20 most-traded collections within the past 24 hours, with a total volume of approximately $160,000.

Mythical Games, known for successful blockchain games like NFL Rivals and Blankos Block Party, brings a wealth of experience to this new venture. The firm’s Mythos 2.0 network is almost live and reportedly boasts nearly 800,000 active wallets, according to Polkaworld.

So, this strategic collaboration would further engage the Pudgy Penguins community and attract the broader gaming market. Pudgy Penguins holders will receive exclusive content and sneak peeks of in-game footage before the launch. They will also have the chance to influence key game development aspects.

John Linden, CEO of Mythical Games, emphasized the importance of communities in the evolving Web3 gaming landscape. He believes this partnership will drive greater adoption of Web3 among mainstream consumers. He said:

“Pudgy Penguins is the only web3 project to truly go mainstream through their incredible retail partnerships with Walmart and Target and their rapidly growing social media following.”

Luca Netz, CEO of Pudgy Penguins, corroborated this and shared his excitement about the partnership. He further highlighted the synergy between the NFT collection’s growth strategy and Mythical Games’ gaming expertise.

Mythical Games has announced it’s signed a deal with Pudgy Penguins to develop a mobile party game based on the Pudgy Penguins IP.

Launched on Ethereum in August 2021, Pudgy Penguins is a collection consisting of 8,888 NFTs. With a total trading volume of $376 million, its current floor price is 11 ETH, around $41,000.

In 2021, the team created Lil Pudgys, an extension of the initial collection, which consists of 22,222 NFTs. In 2022, current CEO Luca Schnetzler bought the brand for $2.5 million. The company has since released physical Pudgy Penguins merch and plushies, the latter which was recently announced to have hit 1 million sales in 12 months.

The deal makes sense given Mythical Games is the pre-eminent web3 game developer currently operating in mobile, notably with its NFL Rivals title. Ex-Mythical executive Rudy Koch is also an advisor to Pudgy Penguins. As well as this game, Mythical is working on a new mobile-first version of its PC party game Blankos Block Party, which was sunset in 2023.

Pudgy Penguins is also busy building out its social open world game Pudgy World which was revealed in December 2023.

The new game will launch on Mythos Chain, which is in the process of migrating to Polkadot, sometime in 2025.