Collectors & Resellers pay Attention to Pudgy Penguins it is time for a Deep Dive

Written by Staff Article in Collectibles

The majority of the info in this article
came from my favorite Crypto Newsletter
Milkroad

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PUDGY PENGUINS LAUNCH A NEW TOY THAT IS CREATING A LOT OF EXCITEMENT AND INCOME FOR NFT HOLDERS

If you are not into NFT’s and Crypto my advice is go to Amazon right now and see if the Pudy Penguin Toy is still available, if it is, BUY ONE or more,
you can thank me later. This is the one you want PUDGY PENGUIN TOY WITH NFT.

Everyone was talking about one thing this week: Pudgy Penguin Toys.

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HERE IS WHY ……..

$500,000 worth of toys sold within the first 48 hours of launchHit #1 in multiple toys categories on AmazonPudgy Penguins NFT floor price rose from ~4.5ETH → ~6ETH (+33%)

The craziest part? The toys are making people money.

Here’s what’s been happening:

A person buys a Pudgy ToyThey scan the QR code on the Pudgy Toy “birth certificate”They enter Pudgy World, an online clubhouse for Pudgy PenguinsOpen trait boxes from the purchaseBuy, sell, and collect traits

Here’s an example of how it works in action:

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The cherry on top: The Pudgy Penguin NFT owners that the toys are based on have a licensing deal, and get a percentage of toy sales. Talk about a win-win.

So, what’s next?

Amazon is just the start. The toys will launch globally and will hit other major retailers like Walmart in June.Their secret weapon is the Pudgy Penguins Instagram account, which has over 547,000 followers. The team hasn’t announced Pudgy Toys to that audience…yet.Pudgy Penguins hasn’t spent any money on marketing. That will change after raising $9 million, announced earlier this month.

The Pudgy Penguins team is showing that there are different ways to achieve success in the world of NFTs and building IP.

Luca Netz, the CEO of Pudgy Penguins is a legend in the e-commerce space. Prior to entering the NFT space, he sold over 9 figures of products online.

So…if you’re looking for a gift for your kid, young relative, or adult friend that acts like a child, consider a Pudgy Toy.

PS: One of the secrets to Pudgy Penguins’ success has been their GIF game. The Pudgy Penguins GIF collection has 2.8k uploads and over 3.4 billion views.

You can do a deep dive here: PPS: I did a deep dive on the Pudgy Toys effort here.

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