OpenSea rewards its NFT users with SBT Pudgy Penguins

OpenSea, the world’s largest non-fungible token marketplace platform by sales volume, has partnered with Igloo Inc., the parent company behind the globally recognized Pudgy Penguins non-fungible token series, to reward its core market users with Soulbound Tokens (SBT). In response to this integration, the Pudgy Penguins NFT collection saw its floor price increase by 2% in the last 24 hours.

OpenSea x Pudgy Penguins Integration

In a January 16 blog post, the OpenSea NFT team confirmed that it has launched its fourth wave of rewards for users of its marketplace. Launched in December 2017, OpenSea is the world’s largest decentralized marketplace for buying, selling and trading NFTs and crypto collectibles. It functions like an eBay for unique digital assets, such as artwork, virtual lands, and in-game items, all verified on blockchains like Ethereum and Polygon. It allows users to create (create), list, and trade these unique digital objects through smart contracts, providing creators a platform and collectors a way to own verifiable digital property.

Some people who open chests notice that their rewards include a special item: the ability to create a @PudgyPenguins SBT.

Anyone with level 5 or higher treasure earned in wave 4 is eligible for the strike. Go to your Rewards tab on OpenSea or click the link below to create.👇 pic.twitter.com/8xfOu6OSc3

– OpenSea (@opensea) January 16, 2026

The OpenSea NFT Marketplace launched its token pre-generation reward program, including “treasure chests” and the XP system, beginning in phases around mid-September 2025, leading to the planned launch of the $SEA token in early 2026. This initiative, which channels 50% of the NFT platform’s fees into user rewards and stimulates activity for future token allocation, marked a major shift towards a broader on-chain trading hub, with new features and an AI-powered mobile app.

Since January 16, 2026, some people opening chests are noticing that their rewards include a special item giving them a chance to create a Pudgy Penguins SBT. Anyone with level 5 or higher treasure earned in wave 4 is eligible for the strike. The OpenSea Vault is a feature of the OpenSea Rewards Program, where users upgrade a virtual vault by completing activities such as buying and selling NFTs and tokens, earning XP, and completing “Journeys” (quests) to unlock rewards such as NFTs and cryptocurrencies at the end of each rewards wave.

Introducing the SBT OpenSea x Pudgy Penguins

In its fourth wave of rewards, the OpenSea team integrated with the Pudgy Penguins team to launch soulbound tokens (SBT). These SBTs commemorate everyone who used the OpenSea NFT marketplace to purchase Pudgy Penguins or Lil Pudgy NFTs. The OpenSea SBT honors Pudgy Penguin or Lil Pudgy NFT buyers on OpenSea who never sold their NFT collections.

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