It's fascinating to watch how the NFT space has evolved. If we look back, the NFT craze of 2021 was almost like the wild west, with projects popping up everywhere, many of them purely speculative. But just like in any booming market, those that stood the test of time were the ones with real utility and long-term vision.
In comparison to the early days, when things felt more like a rush to "get rich quick," now we’re seeing projects like BAYC and CryptoPunks not just holding value, but creating ecosystems. Pudgy Penguins seem to be carving out something bigger, blending physical products with their digital roots – that kind of cross-industry innovation is what we saw with early tech giants.
DeGods and y00ts’ migration from Solana to ETH is another solid example of resilience and long-term planning. Projects that understand the importance of building sustainable value, rather than relying on hype alone, are the ones truly defining the space.
The shift to Ordinals on Bitcoin is interesting – but much like the early days of NFTs on Ethereum, the big question is whether it can go beyond the novelty phase and bring real use cases. The most successful projects historically have been those that evolved with the ecosystem, so time will tell if this is a sustainable trend or just another flash in the pan.
While blue-chip collections like BAYC and CryptoPunks still dominate, emerging markets and fresh ideas are reshaping the space. The future belongs to projects that bring real-world utility, brand expansion, and community-driven growth.
Pudgy Penguins – Crushing it with Web3-to-real-world brand deals (toys, licensing, and more).
But hey, some projects are actually still standing (shocking, I know).
Pudgy Penguins – Somehow, these chubby little birds outlasted 90% of the NFT market. Now selling actual toys—who knew Web3’s future was Walmart shelves? 
