NiftyNoon: Pudgy Penguins Toys take over Web3… and Amazon

Pudgy Penguin toys have hit the market with much of the broader web3 community celebrating (May 19, 2023)

Nifty Thought

• The release of Pudgy Toys such as the various Pudgy Penguin plush toys is a big moment for the company. Much of the excitement surrounding Pudgy Penguins has been anchored around Luca, the person that purchased the project from its previous owners. Luca’s background with consumer products and appreciation for the Pudgy Penguin intellectual property led him to an interesting model: creating physical goods with licensing agreements between the Pudgy Penguin company and its holders. While projects such as Bored Ape Yacht Club released merchandise featuring a Bored Ape (Curtis) that did not exist in NFT form, Pudgy Penguins instead chose to reward its holder with a cut of future revenue.

• Truthfully, it is still not clear how Pudgy Penguin toys will do in the long run. While there was much excitement leading up to this launch, the true test will be getting these items in the hands of consumers that are not already familiar with the brand or web3. Nonetheless however, the Pudgy Penguins team should truly be commended for attempting to do something so exciting and new in a space that historically has rewarded projects for sticking to the Bored Ape and CryptoPunk playbook.

Highlighted News

• Pudgy Penguins announce Pudgy Toys and Pudgy World are now available:

  

  https://twitter.com/pudgypenguins/status/1659325632499572736?s=20

• Luca from Pudgy Penguins comments on Pudgy Toys and Pudgy World launch:

  

  https://twitter.com/LucaNetz/status/1658904843270987824?s=20

Project and Community News

• Wagmi-san shares HV MTL teaser:

  https://twitter.com/10ktfshop/status/1659329422737170432?s=46&t=Hb-nBT0zonE82bFfQEj7Cg

• Azuki announces Azuki Kyoto Garden Event Tickets and Sponsor Tickets now on sale:

  https://twitter.com/azukijapan_ikz/status/1657939665700388869?s=46&t=Hb-nBT0zonE82bFfQEj7Cg

• Zagabond congratulates Pudgy Penguins team on the launch of Pudgy Toys:

  https://twitter.com/zagabond/status/1659366614389882880?s=46&t=Hb-nBT0zonE82bFfQEj7Cg

• @0xQuit shares thoughts about Ledger news:

  https://twitter.com/0xquit/status/1659042750564827137?s=46&t=Hb-nBT0zonE82bFfQEj7Cg

• $PSYOP contract now trading on Uniswap:

  https://twitter.com/eth_ben/status/1659361646220050433?s=46&t=Hb-nBT0zonE82bFfQEj7Cg

• Chimpers introduce Chimpers Chronicles EP.3, The Quest For The Ancient Chronicles, 'The Great Panda City':

  https://twitter.com/chimpersnft/status/1658902620990259200?s=46&t=Hb-nBT0zonE82bFfQEj7Cg

• Pakistan to ban crypto and says the country will never legalize it:

  https://twitter.com/watcherguru/status/1659222682175430658?s=46&t=Hb-nBT0zonE82bFfQEj7Cg

Quick Stats:

• OpenSea Daily Volume: 2,556 ETH (▼ 7.62%)

• Blur Daily Volume: 5,322 ETH (▼ 20.5%)

• BTC: $26936.61 (▼1.01%)

• ETH: $1810.30 (▼0.48%)

• MATIC: $0.87 (▼0.39%)

• SOL: $20.47 (▼1.67%)

NFT Daily Winners:

• 🐧 Pudgy Penguins: 4.91 ETH (▲ 5.96%)

• 🐈‍⬛ VeeFriends: 2.33 ETH (▲ 1.79%)

• 🌈 Doodles: 2.33 ETH (▲ 1.79%)

• ⛩️ Azuki: 14.80 ETH (▲ 0.34%)

• 🏳️‍🌈 Chromie Squiggles: 9.36 ETH (► 0.00%)

NFT Daily Losers:

• 🚬 CryptoPunks: 49.40 ETH (▼ 0.01%)

• 🦧 Bored Ape Yacht Club: 46.95 ETH (▼ 0.53%)

• 🧟 Mutant Ape Yacht Club: 9.97 ETH (▼ 0.8%)

• 🧬 Clone X: 2.76 ETH (▼ 0.89%)

• 🦉 Moonbirds: 2.06 ETH (▼ 1.2%)

• 🧝🏼‍♀️ DigiDaigaku: 3.26 ETH (▼ 1.21%)

• 🥃 Proof Collective: 6.09 ETH (▼ 1.29%)

• 🏴‍☠️ Captainz: 8.60 ETH (▼ 2.86%)

• 🥔 Potatoz: 3.00 ETH (▼ 3.23%)

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