Diversification has been the longest business strategy employed by the Pudgy Penguins team as they try to penetrate the market and find that PMF.
(I even made a whole case analysis about this)
But I think it's time to refocus their efforts into one or two things now that they really wanna dominate.
The team's attention including the community's support has become so fragmented over the years that at this point, it only created confusion than actual support.
I'm in no way on a position to make any suggestions but if anything, I'd like to see a few things from
@LucaNetz and
@pudgypenguins team:
1. Choose strong business focus points. At this point, on my assessment, I feel like everything is so fragmented.
Not just you guys are burning a lot of resources from trying this and that, but you also dilute your team and community's focus and support.
There's abstract, there's TCG, there's games, there's toys... there's too much for an IP and eco this young.
2. Mobilize and utilize your web3 communities again. You guys have the strongest one here.
Since last year, at least from what I noticed, I've been seeing less and less synergy between the team and community.
Primarily because, as stated on point number 1, everything is too fragmented.
3. Be more present once again on socials, on your community.
I love Luca pre-pengu drop and Abstract announcement. That's the peak Luca that everyone adored.
The one that's present to everyone, shows builsing BTS, getting along like everyone else here. Leveled alongside his community.
Maybe because again as stated on point number 1, too much stuff also demanded more work from Luca's end. That means lesser time for everything else (that actually worked since the beginning)
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So yup, refocus. Back to basic. Revisit what works and worked and double down from there. Again.