Latest Pudgy Penguins News
Spencer Ventures announced the acquisition of 48 Pudgy Penguins NFTs from the Stary Night/3AC Collection, purchased via a deal with Sotheby's.
The Deets
- Acquisition includes the Pudgy Penguins and Pudgy Rods from the 3AC Collection.
- Thesis: revives hope in the NFT community, showcasing the potential of projects.
- Support: Pudgy Penguin GIF impressions surpass global population count.
- Support: Pudgy Penguins licensing opportunities with Pudgy Toys and more.
The Bulk
Spencer Ventures showcased major support for the Pudgy Penguins brand, acquiring 48 Pudgy Penguins and the corresponding Pudgy Rogs from the now infamous Three Arrows Capital NFT collection.
In the announcement, Spencer indicated that Pudgy Penguins has successfully etched its place in the digital space and has a chance to lead the charge for NFTs in the future. In support of the thesis, the investor indicated the major adoption the Pudgy IP has experienced via impressions globally, particularly through GIFs. He also indcated the potential for licensing opportunites, as evidence by the recent Walmart launch with Pudgy Toys, marks Pudgys as a leader in the space.
📊 By the Numbers
Though no official deal metrics have been shared, Spencer told Blockworks that the group had reached a deal with Sotheby's in the "mid-six figures."
❗Why It Matters
The acquisition underscores the growing confidence in Pudgy Penguins as a leader in the NFT sector.
🎤 Investor Insights
Quite simply put, Pudgy Penguins seems incredibly well positioned to lead the next cycle in NFTs.Spencer
🔜 What's Next?
Spencer additionally teased something "lil" on the horizon for the Pudgy Penguins community, sharing an image of a Lil Pudgy alongside.
For more web3 and NFT news, visit the Lucky Trader newsfeed.
Pudgy Penguins toys are now for sale in Walmart, starting with the mainstream entry of Pudgy Toys in 2,000 nationwide stores.
The Deets
- 26 Pudgy Toys sold in 2,000 Walmarts across the US, priced from $2.99-$11.97
- Each Pudgy Toy acts as a portal to Pudgy World, an immersive open-world digital player experience.
- NFT Collaboration: Toys incorporate traits from popular NFT collections like Meebits and DeGods, offering licensing royalties to existing NFT holders.
The Bulk
Pudgy Penguins announced its newest retail venture: Pudgy Toys, now available in 2,000 Walmart stores across the U.S.
Luca Netz, CEO of Pudgy Penguins, emphasized the significance of this partnership: "Merging unique digital experiences with blockchain technology is transforming the toy industry. Walmart's inclusion symbolizes the evolving consumer-brand relationship in the digital age."
Every Pudgy Toy sold in Walmart acts as a key to the digital realm of Pudgy World. Users can immerse themselves in this open-world multiplayer digital experience, by scanning the QR code on the toy's included birth certificate. Scanning the QR enables users to claim specific traits for their digital Pudgy character.
Additionally, the toy designs incorporate traits from globally popular NFT collections like DeGods and Meebits, ensuring existing NFT holders gain licensing royalties for each corresponding toy sold.
🎤 Retail Reacts
Pudgy Penguins bridges our physical and digital play realms. Their innovative approach and pricing align with our commitment to providing Every Day Low pricesBrittany Smith, Walmart US VP of Merchandising
📊 By the Numbers
Three toys will be exclusive to Walmart - two chrome collectible figures inside mystery Igloos and a Blind Box with a Clip-On Plush. Lastly, buying Pudgy Toys will offer consumers the chance to find a golden ticket, which unlocks rare traits for Pudgy World.
🎬 Take Action
Those interested can find Pudgy Toys now available in Walmart, and access the Pre-Alpha of Pudgy World accessible at www.PudgyWorld.com.
🧠 Learn More
For more web3 and NFT news, visit the Lucky Trader newsfeed.
Pudgy Media introduced the MVP Soulbound Token to acknowledge exceptional community members, replacing the previous Penguin of the Week title.
The Deets
- The MVP (Most Valuable Penguin) Soulbound Token will honor standout community members
- Community participation will decide who receives the monthly MVP title
- Past Penguins of the Week will be given the MVP Token retroactively
- Interested penguins can be nominated more than once
The Bulk
Pudgy Penguins introduced the MVP Soulbound Token to spotlight the remarkable members of its community. This new token replaces the previous Penguin of the Week title, introducing a community-centric approach that allows for peer nominations.
MVP is a title bestowed upon a member every month. Community members nominate their favorite penguin for the MVP title, offering a platform for the most distinguished and involved members to be recognized for their contributions.
Moreover, Pudgy Penguins have also announced that the MVP Token will be airdropped to the Penguins of the Week that have already been featured on the page, giving due recognition to their past contributions.
🎬 Take Action
Want to nominate a fellow Pengu for the MVP title? You can do so via the nomination form linked in Pudgy Penguins' Discord, provided you're a verified holder.
Pudgy Penguins announced that a limited edition Pudgy Penguins "Shark Suit" collectible will release this Friday, exclusively on @NTWRKLIVE.
The Deets
- The first ever Pudgy Penguins vinyl collectible
- The drop will happen on Friday at 9:45 p.m. EST at thentwrk.com/product/677495/pudgy-penguins-shark-suit-7365.
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Priced at $249.00
- Edition size of 150
- Shipping starts on June 3rd
🔙 Back It Up
The Shark Suit collectible is based on one of five 1/1 Pudgy Penguins in the collection, Pudgy Penguin #7365. It's owned by Vincent Van Dough, an avid NFT collector and the creator of Notable Pepes. Van Dough bought the Shark Suit Pudgy Penguin back in August 2021 for 69 ETH, which was nearly $220k at the time.
❗ Why It Matters
After successfully launching Pudgy Toys last week, Pudgy Penguins aren't showing any signs of slowing down.
This drop is an example of how the Pudgy Penguins brand is using a multi-channel distribution approach to target different markets, and it makes sense that Pudgy Penguins is releasing the limited edition vinyl collectible on NTWRK, a well-known app for collectors.
🎤 Founder Feedback
I’ve been a huge @NTWRKLIVE collector for the last 3 years. This is a personal moment for me. Full circle. https://t.co/3BH4kWMgOQ
— Luca Netz 🐧 (@LucaNetz) May 24, 2023
🎬 Take Action
Watch the Pudgy Penguins live stream of the launch on Friday: thentwrk.com/show/14926/.
Today, Blur announced that the Pudgy Penguins collection is now live on the Blend platform.
The Deets
- Users can buy a new Pudgy Penguins NFT for 0.8 ETH with BNPL and get 4.9 ETH for a Pudgy Penguins loan.
- Blur will host a Twitter Space with Pudgy Penguins founder Luca Netz on Thursday.
❗ Why It Matters
Pudgy Penguins have been dominating headlines in the last week after the official launch of Pudgy Toys and Pudgy World, so there's already been a lot of interest in the collection prior to this Blend announcement.
🎬 Take Action
Tune into the Blend Q&A Twitter Spaces on Thursday at 1 p.m. ET with @PacmanBlur and @LucaNetz to learn more about how Blend works and the launch of Pudgy toys.
🧠 Learn More
- Kanpai Pandas, Redacted Remilio Babies Next Up on Blend (May 22, 2023)
- Blur Selects BAYC, MAYC as Next Two Blend Collections (May 15, 2023)
- DeGods Joins Blur's Blend Platform (May 8, 2023)
- Blend Is Now Live (May 1, 2023)
Pudgy Penguins officially launched Pudgy Toys and Pudgy World, introducing the first-ever community-licensed mass-market products that blend NFTs and blockchain technology with physical toys.
The Deets
- Pudgy Toys: First-ever mass-market product licensed directly from the community.
- Pudgy World: A digital platform that provides a seamless introduction to blockchain technology and NFTs.
- Soulbound and Tradeable NFTs: Pudgy Toys come with unique trait boxes that unlock Soulbound and Tradeable NFTs on Pudgy World.
- Global Retail Presence: Pudgy Toys will be available in leading retail and specialty stores around the world, courtesy of Retail Monster and PMI Toys.
📊 By the Numbers
Prices range from $8.99 - $24.99 and shipping for Pudgy Toys will begin on June 3, with expected delivery in late June depending on your geographic location.
The Bulk
Pudgy Penguins, one of the most recognizable names in the NFT space, is pioneering a groundbreaking initiative by launching Pudgy Toys and Pudgy World.
Pudgy Toys are not just physical collectibles. Every purchased toy includes a birth certificate unlocking a unique trait box from Pudgy World's first season. These trait boxes hold a range of common to epic traits that owners can equip on their Forever Pudgy Penguins, leading to an enriched, personalized toy experience.
But that's not all. Each trait is minted on the blockchain as a tradable NFT, and the Forever Pudgy Penguin itself becomes a Soulbound NFT. The minting process is powered by 0xPolygonLabs and is gasless, while the traits marketplace utilizes Origin Protocol's technology.
❗Why It Matters
The launch of Pudgy Toys and Pudgy World represents a pivotal moment in the convergence of the NFT space and mainstream consumer products. Luca Netz has famously said that the toy line represents a "Trojan Horse" for those not in web3 to understand the power of digital collecting, the launch of Pudgy Toys is the first step.
🎬 Take Action
To purchase your Pudgy Toy and mint your Forever Pudgy Penguin, visit the official Pudgy Toys purchase page.
Pudgy Penguins will release "Pudgy Toys" on May 18, according to a teaser released by the project.
🧐 Wait, What?
Pudgy Penguins toyline was initially teased in February when the project announced it was working with Retail Monster to drop a collectible toys. You also might recall that tweet from project owner Luca Netz that teased a meeting with Walmart.
❗️Why It Matters
Pudgy Penguins has recently been lauded for its ability to reach an audience outside of the existing web3 userbase and a line of toys in retail stores will only fuel the distribution of its IP beyond the walls of web3.
🎤 Project Prose
🧠 Learn More
- Retail Monster to Help Launch Pudgy Toys
- Pudgy Penguins Raise $9M
- Pudgy Penguins Empowering Community Growth
Pudgy Penguins announced a $9 million seed round raise that will help scale its team and IP in a funding round led by 1KX. The news was first reported by CoinDesk.
❗️Why It Matters
Put simply, while many projects are running out of funds Pudgy Penguins has importantly added funds to its warchest. The project cemented itself as one of the leading web3 brands over the course of the last year and an infusion of capital should only bolster its potential impact and IP expansion moving forward.
📊 By the Numbers
Pudgy Penguins is one of the lone NFT projects that has increased its floor price in the last year, growing since the takeover of the newest team headed by Luca Netz. The project is up more than 200 percent in the last year.
🎬 Take Action
Listen to the team discuss the raise and answer questions during the Pudgy Penguins Seed Round Twitter Spaces at 4:30 p.m. ET.
🎤 Founder Feedback
Hey everyone I'm proud to announce our recent seed round, led by 1kx. We spent many months finding the right partners that were aligned with our vision and the interests of the community, and I'm glad to say that I believe we found the perfect partners to help take us to the new frontier. For the last year, we faced endless adversity, but together, we huddled and persevered in the toughest of times. The path to being the face of NFTs and #1 in the space won't be easy, but it will get done. Our only disadvantage up until this point had been our lack of capitalization, and today, I'm proud to say that we have evened the playing field. I hope you're ready...it's #PenguSzn.Luca Netz
Today, Pudgy Penguins announced that WME will be the official talent agency to represent the project.
❗ Why It Matters
Pudgy Penguins will look to leverage WME’s relationships in film, TV, and gaming to build the brand. And while many NFT projects have plans to utilize their IP on the global stage, few of them have been able to sign with reputable agencies.
Now, Pudgy Penguins will work alongside WME, which boasts clients in the Web3 space like Pixel Vault, FEWOCiOUS, Claire Silver, Dapper Labs co-founder Mack Flavelle, Overlord (Creepz), and Cryptokitties. Pudgy Penguins clearly has big plans regarding brand IP, and the clues found at the Pudgy Workbench hint towards an ambitious roadmap ahead.
🎤 Founder Feedback
🧠 Learn More
- Pudgy Penguins and the Workbench of Secrets (May 2, 2023)
- Pudgy Penguins Invading Licensing Expo (April 24, 2023)
- Pudgy Penguins Empowering Community Growth (April 21, 2023)
Pudgy Penguins unveiled an interactive Pudgy Workbench that might offer a glimpse into what's next for the project.
The Pudgy Workbench, a workbench that contains hidden secrets throughout…
— Pudgy Penguins (@pudgypenguins) May 2, 2023
Will you find them all? pic.twitter.com/1jQGpFNb79
❗ Why It Matters
The Pudgy Workbench will reveal more as time goes on and contains secrets and clues that have "a purpose." It's a fun, interactive way for the brand to generate some excitement around future announcements, potential activations, etc.
🎬 Take Action
Visit the Pudgy Workbench (on a desktop or tablet) and see if you can discover any secrets or clues.
The Deets
A list of some of the various things I noticed:
- The alarm clock is counting down with 9 days and 21 hours left (at the time of writing), which appears to point toward May 12th, 12:30 p.m. PT.
- Wooden horse with a "Check back soon" note taped on, and clicking it brings up a pop-up that says, "Read the note. Check back soon!"
- ID on the table of Pudgy Penguin #6272 (h/t @0xSoth).
- Radio that has @DRMCDERMOTT on it (h/t @Leawin_eth).
- Clickable blue thread ball with a pop-up that says, "Pay attention and connect the dots."
- Folders titled "Lil Pudgy's Playbook" and "Big Pudgy's Playbook".
- Photo of a Lil Pudgy with a pop-up, "It's time for Lil Pudgys to become their own stars."
- Photo of a map with rivers and a pop-up that says, "It's a river, but something seems off? It's not from our icy land, The Berg."
- Clickable brushes which bring up a caption that says, "Crafting the Berg will take some time."
- Pair of scissors and a pop-up that says, "Cutting down barriers between us and them."
- Miniature wooden train set with a pop-up, "An overpass is needed to connect Web2 & Web3."
🎤 Founder Feedback
🎤 Community Quotes
🕳️ Go Deeper
- Pudgy Penguins Invading Licensing Expo (April 24, 2023)
- Pudgy Penguins Empowering Community Growth (April 21, 2023)
