Pudgy Penguins, has partnered with the newly launched MYRIAD digital media platform to initiate its first Community Contest.
Pudgy Penguins, has partnered with the newly launched MYRIAD digital media platform to initiate its first Community Contest. The collaboration aims to engage users through a series of activities within the Decrypt and Rug Radio ecosystems.
Participants can earn in-platform points by participating in various tasks, which can be used in MYRIAD's prediction markets.
Each point accrued during the contest serves as a raffle ticket for two Lil’ Pudgy NFTs. A raffle will be held for each NFT, and the winner of the first will be excluded from subsequent drawings.
In addition to the Lil’ Pudgy NFTs, the contest will reward the top 25 traders on MYRIAD with Faces of Web3 NFTs. The tiebreaker for this competition is based on the number of correct predictions made by participants. Another 25 Faces of Web3 NFTs will be awarded to users with the highest number of correct predictions, with tiebreakers determined by their total points earned.
Pudgy Penguins NFT holders can gain bonus points in MYRIAD Quests, earning 2,000 points per NFT, up to 10,000 points. Holders of Lil’ Pudgys are eligible for 200 points each, capped at 1,000 points.
The contest commenced on Dec. 7, 2024, and is designed to enhance user engagement within the MYRIAD ecosystem. Participants are encouraged to join the prediction activities at Myriad.markets.
This initiative comes as Pudgy Penguins continues to expand its reach beyond digital assets, having already achieved over $10 million in physical toy sales through major retailers and begun planning the launch of its first video game, Pudgy Party, for release in 2025.
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