Pudgy Penguins: How an NFT became a real brand

image Ai Genarated

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How is everyone? I hope everyone is doing well. Today, I am back with a collection from the NFT world that has not just stopped at selling NFT images, but has also established a strong brand of its own.

The name of this collection is Pudgy Penguins

How ​​did it start

Pudgy Penguins is originally built on the ETH Blockchain.

Pudgy Penguin's collection has a total of 8,888 unique cartoon penguins.

They were first launched on July 22, 2021,

Their NFT Mint Price was only 0.03 ETH,

And the amazing thing is that they all sold out in a short time. The background, clothing, accessories and expression of each Penguin are different and rare.

The most expensive NFT in the Pudgy Penguins NFT Collection is: Pudgy Penguin #6873, which was sold on August 13, 2022, for 400 ETH (at that time the market price was over $650,000).

Pudgy Penguins Market Cap: Approximately $51 Million

Their least expensive NFT is Pudgy Penguins #6873 NFT (Floor Price) at approximately 2.49 ETH ≈ $5,645 USD.

image Ai Genarated

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Why are they so popular?**

1. Their unique artwork and strong community are one of the reasons they are popular,

2. They do not limit themselves to just selling NFTs.

3. They have introduced their NFT collection through licensing and brand partnerships.

4. They are making good use of social media and digital platforms.

And in 2024, PENGU Token was launched on Solana Network, and this is the Official Token of the Pudgy Penguins NFT Collection. 🐧

Which created a lot of discussion after coming to the market.

image Ai Genarated

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Last words

Pudgy Penguins has shown that NFT projects don't have to be just digital artwork. If there is proper planning and a strong community and connection to real life, it can become a big ecosystem.

I'm ending here today, everyone stay well.

See you again.