To brandish terms such as revival, recovery or redemption in any sincere assessment of an NFT project’s lifespan may seem like a wild exhaustion of hyperbole.
The NFT space is firmly nestled in nascency, situated at the dawn of opportunity with little more than speculative theories to definitively determine its potential impact.
2022 was a year of humbled pragmatism for founders and collectors alike as the industry contends with inaugural bearish winter.
And yet, despite all that, for a collection known as Pudgy Penguins, such cyclical terminology is entirely appropriate if one is to fully comprehend its tumultuous tale of two fortunes.