Pudgy Penguins

Pudgy Penguins logo

Pudgy Penguins ^{[1] [2]} is a blockchain-based collection of digital artwork composed of non-fungible tokens (NFTs). ^{[3] [4]} It is a collection of 8,888 unique NFTs launched on the Ethereum blockchain in August 2021. ^[5]

The project was established in July 2021, the organization was formed by a cohort of university students. ^[6] In April 2022, Pudgy Penguins underwent acquisition by Luca Schnetzler for a sum of 750 ETH, equivalent to $2.5 million. ^{[7] [8]}

Pudgy Penguins and its associated intellectual property are owned and managed by LSLTTT Holdings, Inc.. ^[9]

References

1. Criddle, Cristina; Gabert-Doyon, Joshua (27 December 2022). "NFT creators diversify into real-world assets to generate new revenues". www.ft.com.
2. Tidy, Joe (November 10, 2023). "Whatever happened to NFTs?". BBC .
3. Roose, Kevin (August 12, 2021). "I Joined a Penguin NFT Club Because Apparently That's What We Do Now". The New York Times .
4. Shukla, Siddhartha (October 16, 2023). "NFT Makers Are Boycotting Low-Fee Exchanges Over Tumbling Royalties". www.bloomberg.com.
5. Gladwin, Ryan S. (June 9, 2022). "The freelance artist behind a million-dollar NFT collection". The Verge.
6. Melinek, Jacquelyn (May 18, 2023). "Pudgy Penguins wants to use its NFT-inspired toys to bring IP to the real world".
7. "From homeless to making his first million: How the 25-year-old CEO of an NFT collection launched a toy line at Walmart". Fortune.
8. Wilhelm, Jacquelyn Melinek and Alex (September 29, 2023). "Pudgy Penguins' approach may be the answer to fixing NFTs' revenue problems".
9. "Pudgy Penguins Inc". www.bloomberg.com.