Currently wrapping my Penguins.
In the past 24 hours a wrapper contract/interface has been deployed, a Snapshot governance portal has been created, a new Discord set up, and Wrapped Penguins have been listed for sale on OpenSea with any royalties going to a community multi-sig.
@WrappedPenguins is a great experiment in NFT community governance. Pudgy Penguin holders should be thrilled to have @Vince_Van_Dough and team playing such an active role!
We support VVD and team as they decentralized @Pudgy_Penguins and make way for all creators to build on top of the project without friction. We remain committed to shipping @Icy_Igloos soon!
Seems there are three potential paths forward for the Penguins
1. Team turns over control to community DAO, 1 Pengu = 1 vote
2. Community flips to Phudgies
3. Community expels team and stays facing right way, swap original tokens for new ones, implement DAO ourselves
I like 3
I m gonna talk about the recent rumours about me taking over pudgy penguins, I did not want to talk about it first, but with so many DMs, I felt responsible for keeping everything as transparent as possible. So people will not make any investment decisions based on rumours.