Art:Pudgy Penguins

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Short description: Art-based cryptocurrency
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". https://www.ft.com/content/69da37d1-11de-430f-8a86-ea51bd2ae82b. 
  2. ↑ Tidy, Joe (November 10, 2023). "Whatever happened to NFTs?". https://www.bbc.com/news/business-67295786. 
  3. ↑ Roose, Kevin (August 12, 2021). "I Joined a Penguin NFT Club Because Apparently That's What We Do Now". The New York Times. https://www.nytimes.com/2021/08/12/technology/penguin-nft-club.html. 
  4. ↑ Shukla, Siddhartha (October 16, 2023). "NFT Makers Are Boycotting Low-Fee Exchanges Over Tumbling Royalties". https://www.bloomberg.com/news/articles/2023-10-16/nft-makers-mutiny-against-blur-opensea-over-sinking-royalties/. 
  5. ↑ Gladwin, Ryan S. (June 9, 2022). "The freelance artist behind a million-dollar NFT collection". https://www.theverge.com/23151540/pudgy-penguins-artist-antoine-mingo-nft-cole-thereum. 
  6. ↑ Melinek, Jacquelyn (May 18, 2023). "Pudgy Penguins wants to use its NFT-inspired toys to bring IP to the real world". https://techcrunch.com/2023/05/18/pudgy-penguins-nft-toys-ip/. 
  7. ↑ "From homeless to making his first million: How the 25-year-old CEO of an NFT collection launched a toy line at Walmart". https://fortune.com/2023/11/19/luca-netz-pudgy-penguins-walmart-net-worth/. 
  8. ↑ Wilhelm, Jacquelyn Melinek and Alex (September 29, 2023). "Pudgy Penguins' approach may be the answer to fixing NFTs' revenue problems". https://techcrunch.com/2023/09/29/pudgy-penguins-nfts-revenue-problems/. 
  9. ↑ "Pudgy Penguins Inc.". https://www.bloomberg.com/profile/company/2259508D:US. 




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