Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
No Result
View All Result
Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
No Result
View All Result
Invest In Crypto News
No Result
View All Result

Pudgy Penguins, Elympics Launch ‘Pengu Clash’ Game on TON

CryptoExpert by CryptoExpert
June 18, 2025
in Business
0
Pudgy Penguins, Elympics Launch 'Pengu Clash' Game on TON
  • Facebook
  • Twitter
  • Pinterest


You might also like

Nasdaq Sets December 6 Launch for Nearly 23-Hour Trading Day

UAE Pulls Iran Trade Plug as Hormuz Crisis Rattles Global Markets

MoonPay Adds Cash App Pay for Crypto Purchases in US

Pudgy Penguins is launching a skill-based Web3 game called Pengu Clash for The Open Network (TON) blockchain, joining the competitive mini-game space.

According to Pudgy Penguins, the game will operate under a play-to-win model, allowing players to compete and be rewarded for game mastery rather than speculation. “Play-to-win, in essence, is a skill-based game,” Pudgy Penguins CEO Luca Netz told Cointelegraph.

“Users wager against one another vs play-to-earn, [in which] you’re earning tradable currency that the game provides. This is a user-vs-user-based system.” The project said the game will feature game modes with different rules and objectives, along with skill-based challenges.

Pudgy Penguins is developing Pengu Clash on the TON blockchain, citing Telegram’s large and distinct user base as a factor. According to Netz, the messaging platform has “a whole different user base than we’ve had access to in the past,” including users from Northern Europe and other regions.

Phemex

“Most platforms are not positioned for that type of gameplay. We see this as an opportunity to scale,” he said.

Netz sees the game as a vehicle to grow the Pudgy Penguins brand, with commercial gains considered a secondary outcome. “Money is made, but that is a byproduct of our IP [intellectual property] reaching the masses.”

Launched as a non-fungible token (NFT) collection in 2021, Pudgy Penguins quickly gained popularity for its cartoon-style penguin avatars. The collection includes 8,888 unique NFTs on the Ethereum blockchain, with a total market capitalization of nearly $200 million as of June 17.

The project plans to release more games in 2025. The next, Pudgy Party, is set for release in August.

Related: What are Telegram-based tap-to-earn crypto games?

Telegram games promised Web3 adoption

The TON network has been the exclusive blockchain for Telegram’s Mini App ecosystem since January.

According to TonStat, the TON blockchain has over 44 million activated wallets. However, the network has seen a sharp decline in monthly active wallets, which have dropped 82.3% since October 2024. Despite the decline in activity, it still processes approximately 19,500 transactions per day.

TON monthly active wallets. Source: TonStat

Telegram games reached a peak in 2024, with projects like Hamster Kombat and Catizen quickly reaching hundreds of thousands of players.

Magazine: Crypto lawyers — Did Telegram’s Pavel Durov commit a crime?



Source link

  • Facebook
  • Twitter
  • Pinterest
Tags: Ethereum
CryptoExpert

CryptoExpert

Recommended For You

Nasdaq Sets December 6 Launch for Nearly 23-Hour Trading Day

by CryptoExpert
August 19, 2026
0
Nasdaq Sets December 6 Launch for Nearly 23-Hour Trading Day

Key TakeawaysNasdaq targets Dec. 6, 2026 to launch a 9 PM-4 AM ET overnight session, nearing a 23-hour trading day.The SEC approved Nasdaq’s core 23/5 proposal in early...

Read more

UAE Pulls Iran Trade Plug as Hormuz Crisis Rattles Global Markets

by CryptoExpert
August 19, 2026
0
UAE Pulls Iran Trade Plug as Hormuz Crisis Rattles Global Markets

Key TakeawaysThe S&P 500 fell about 0.7% on Aug. 18 as semiconductor stocks led a technology selloff.The UAE halted Iran trade, raising pressure on a conduit tied to...

Read more

MoonPay Adds Cash App Pay for Crypto Purchases in US

by CryptoExpert
August 18, 2026
0
Cointelegraph

MoonPay has integrated Cash App Pay as a payment option for cryptocurrency purchases, allowing eligible US customers to fund transactions using their Cash App balances.The crypto payments company...

Read more

Binance to Plan UK Relaunch with FCA License Application: Report

by CryptoExpert
August 18, 2026
0
Cointelegraph

Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries.All news, reviews, and analyses are produced with full journalistic independence and integrity....

Read more

BitMart Account Demands Founder Explain Funds, Xia Calls Post Fake

by CryptoExpert
August 18, 2026
0
Cointelegraph

BitMart’s official Chinese-language X account has publicly demanded that founder Sheldon Xia explain the whereabouts of user funds and produce a repayment plan by Wednesday. The account said...

Read more
Next Post
Eyenovia Plans To Buy HYPE Tokens

Hyperliquid price outlook amid Eyenovia’s $50M HYPE treasury strategy

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

Sitemap

  • Market Cap
  • Donations
  • Trading
  • Mining
  • Contact

Legal Information

  • Privacy Policy
  • Anti-Spam Policy
  • Copyright Notice
  • DMCA Compliance
  • Social Media Disclaimer
  • Terms Of Service

Categories

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

© Copyright 2024 InvestInCryptoNews.com

No Result
View All Result
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto

© Copyright 2024 InvestInCryptoNews.com

This website is using cookies to improve the user-friendliness. You agree by using the website further.

Privacy policy
bitcoin
Bitcoin (BTC) $ 65,343.00
ethereum
Ethereum (ETH) $ 1,935.82
tether
Tether (USDT) $ 0.999357
bnb
BNB (BNB) $ 605.26
usd-coin
USDC (USDC) $ 0.999709
xrp
XRP (XRP) $ 1.02
solana
Solana (SOL) $ 78.52
tron
TRON (TRX) $ 0.332067
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.01
staked-ether
Lido Staked Ether (STETH) $ 2,265.05

Pin It on Pinterest

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?