According to PANews news on June 9, according to Forkast, Luca Netz, CEO of NFT project Pudgy Penguins, said in an interview that it will launch a Web3 licensing market called Overpass as early as late June.

Netz said: "NFT licensing will enable the industry to shift from the "Ponzi economics" model and promote sustainable growth by focusing on tangible, real-world income. Overpass aims to simplify and solve the current complex process through blockchain technology. And cumbersome licensing procedures, unlike the liability forms of creating virtual assets and airdrops, the Overpass model represents a paradigm shift. The platform allows companies to obtain intellectual property licenses directly from holders for their products and tools, for holding Or provide a scalable way to obtain monetary benefits."