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Cryptoknowmics 2022-08-12 08:16:01

Pudgy Penguins Unveils Pudgy Toys Lineup, NFT Prices Go Up

Pudgy Penguins non-fungible token (NFT) sales accelerated on Thursday, following the project’s announcement that it would be granting licenses for some NFTs to be turned into physical collectible toys. Users may buy NFTs from any Pudgy Penguins set directly from the team’s store using NFT marketplaces like OpenSea, LooksRare, X2Y2, and nftx. Introducing our Pudgy Toys Lineup, licensed directly from the community. This is the first of many instances where the Pudgy Penguins IP will allow Web2 to meet Web3. Congratulations to the Penguins who were selected. More is coming, just look… — Pudgy Penguins (@pudgypenguins) August 11, 2022 Pudgy Toys Lineup Sales According to data from OpenSea, the collection has sold 252 ETH (about $466,000) in the last 24 hours, a 370% rise from the day prior. As per the information given by NFT Floor Price, the collection’s floor price – the cost of the least expensive edition – is currently 2.63 ETH (about $4,900), up 18% from yesterday’s floor and 60% from three months ago. Since its debut in June 2021, the Pudgy Penguins brand has experienced its fair share of ups and downs. In fact, it fired its founders in January last year. A Los Angeles-based businessman who owned the Pudgy Penguins brand purchased it in April for 750 ETH, reviving community efforts to take control of the collection’s destiny. The move coincides with a continuing discussion concerning holders’ licen...

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