The NFT project Pudgy Penguins has publicly denied rumors regarding a supposed acquisition of the OpenSea marketplace circulating on social media.
Rumors of OpenSea Acquisition
Rumors that Pudgy Penguins had acquired OpenSea began circulating on social media, pointing to comments made by CEO Luca Netz in October 2024 expressing interest in purchasing OpenSea. However, Beau, the head of security at Pudgy Penguins, countered these claims, stating that no such deal had taken place.
Plans for Pudgy Penguins
In his post, Beau emphasized that the project has significant plans ahead, including partnerships with Lufthansa and NASCAR, and a focus on confirmed developments rather than speculation. He encouraged users to remain calm and not get wrapped up in unverified acquisitions.
Overall NFT Market Growth
Meanwhile, the NFT market showed renewed momentum in July, with total market capitalization reaching $6.6 billion, representing a 94% increase from the previous month. The greatest popularity was seen in collections like CryptoPunks, whose floor price surged by 53%.
Pudgy Penguins continues to evolve in the NFT space by refuting OpenSea acquisition rumors and emphasizing the significance of its future projects and partnerships.
