OverpassIP Beta opens IP Licensing to Pudgy Penguins
Pudgy Penguins, the renowned NFT collection featuring adorable flightless birds, has announced the beta version of its IP licensing platform, ‘OverpassIP.’ According to a recent tweet thread, OverpassIP will host Chapter 2 of Pudgy Toys, which are real-life simulation toys based on the Pudgy Penguin IP.
Pudgy Toys Chapter 2 offers NFT holders – especially those who own Pudgy Penguins or Lil Pudgys – the chance to connect their toys to official licensing deals. This will pave the way for earning royalties and receiving special perks.
The following is a list of the most popular ways to contact us DealsThe plushies will be 88 Pudgy Penguins, Lil Pudgys, as well as action figures, clip on plushies and mystery figures. OverpassIP’s beta version is only available to Pudgy Penguin or Lil Pudgy owners, but its mainnet (actual release date is not yet available) will provide opportunities for over 200 Pudgy Penguin or Lil Pudgy intellectual property rights in the future.
To participate in Chapter 2, NFT Holders will submit their Pudgy Penguin or Lil Pudgy toys on OverpassIP for licensing deals. Submissions will continue until February 11th 2024.
The selection will take place throughout the first quarter of 2024. Note that submission does not guarantee a licensing agreement. In fact, it places their penguins on a list of NFTs to be considered for licensing deals if new SKUs come out.
OverpassIP will provide semi-annual blog posts to selected participants on their licensing status, as well as the progress of their toy production. Additionally, Pudgy Rods holders who keep their penguins in the wallet with their Pudgy Rods may be eligible to receive a Pudgy Rods multiplier.
The latest development follows on from the success of Pudgy Toys Chapter 1 which saw the project achieve the Top spotAmazon has three categories in which you can land in 2,000 Walmart storesThe Toy Insider has a number of prestigious awards, including the top Summer and Winter toys. It will be interesting how Chapter 2 plays out. Stay tuned for more!