Pudgy Penguins winds down Pudgy Party mobile game
CoinTelegraph·
60-second summary
Pudgy Penguins is halting development of its mobile game Pudgy Party to focus on Pudgy World, a decision made after struggling to find a sustainable business model like several other Web3 gaming projects. Pudgy Penguins' pivot aims to allocate resources more efficiently, with the company's market capitalization currently standing at around $100 million.
Pudgy Penguins will halt development of Pudgy Party and focus on Pudgy World, as another Web3 gaming project shuts down after failing to find a sustainable business model.