The digital media landscape is witnessing an innovative collaboration as Decrypt and Rug Radio unveil the MYRIAD digital media ecosystem in concert with the NFT collection Pudgy Penguins. This collaboration marks the beginning of the first Community Contest, heralding a fresh chapter of engagement within the NFT space. The competition is poised to reward participants with coveted prizes, including two Lil’ Pudgys NFTs through a raffle format, and 50 Faces of Web3 NFTs for distinguished performers in trading and prediction on the MYRIAD platform.
Ilan Hazan, Co-Founder and COO of DASTAN, the parent company behind Decrypt and Rug Radio, shared his enthusiasm for the collaboration with the esteemed Pudgy Penguins collection. Notably, Pudgy Penguins stood out as Decrypt’s 2023 NFT Project of the Year, demonstrating resilience and growth amid a challenging market. Their expansion strategy, embracing physical product launches and venturing into video games, has significantly bolstered their mainstream appeal.
Pudgy Penguins has notably transitioned beyond its digital origin, with a remarkable achievement of over $10 million in physical toy sales across major retailers. With the upcoming release of Pudgy Party, a video game slated for iOS and Android platforms in 2025, and the introduction of its Solana blockchain-based PENGU token, Pudgy Penguins continues to innovate and expand its ecosystem.
Participants looking to engage with the MYRIAD ecosystem can do so via the app and browser extension, diving into the diverse activities offered by the Decrypt and Rug Radio digital media platforms. These engagements enable users to accrize in-platform points, which serve as stakes in the MYRIAD prediction markets and can be traded within the ecosystem, albeit without real-world monetary value. Accumulated points translate into raffle tickets for Lil’ Pudgy NFTs, aligning with the top traders’ leaderboard dynamics.
The contest spotlights a top traders competition, rewarding the 25 top traders on the MYRIAD leaderboard with Faces of Web3 NFTs. Additionally, the top predictors, determined by correct predictions and points earned, stand to receive Faces of Web3 NFTs, ensuring a comprehensive recognition of participants’ skills and engagement.
Moreover, Pudgy Penguins and Lil’ Pudgys holders are entitled to bonus points through MYRIAD Quests, enhancing their potential to clinch the coveted prizes. This contest, set to commence on December 7, 2024, beckons enthusiasts to join the ranks of Pudgy Penguins at myriad.markets, anticipating a vibrant futurology of prediction and trade.
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