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Pudgy Penguins Debuts on Amazon and Blows Off the Market

source-logo  thecoinrepublic.com 21 May 2023 22:55, UTC

Amazon, the giant and popular name in e-commerce websites has recently launched its new “Phygital” toy collection and experience.

Pudgy Penguins Aims to be Face Of NFT World

Pudgy Penguins took to Twitter to announce their debut on Amazon. They announced that they were thrilled to release their first edition of physical Pudgy Penguin toys and shared the link to Amazon through which the toys can be bought.

Luca Netz, the project CEO, says that Pudgy Penguins received great exposure and response in its first two days itself. In its first two days, only Pudgy Penguins made a sale of about $500,000 which surpassed about 20,000 individual toys sold. Netz further stated that “they want Pudgy penguins to win but also push the space forward” over several Twitter spaces on 20/05/23. Netz also added to it that they are planning and focusing on something huge and their team understood it after a lot of effort. They are focusing on increasing participation in Web3 spaces.

The madness for Pudgy Penguins increased as Ethereum’s daily volume tops $11 Million. Nftnow is an NFT content and analysis website. It is co-founded by Alejandro Navia, who is also the president of Nftnow, said that Pudgy Penguin is dominating the sales chart of Amazon. In 48 hours, it surpassed some of the biggest names in the Toy industry including Disney, Transformers, Pokemon, Barbie and Lego.

Pudgy Penguins getting launched on Amazon is a step towards reaching their main goal. Their main aim is to get the top companies or A-listers from the world of music and sports to dwell with them. Pudgy Penguins wants to connect with those companies and bring a huge amount of users involved in the NFT space. It wants all the users who didn’t explore the NFT space to get acquainted with it via Pudgy Penguins, said by the CEO of the company.

Pudgy Penguins is among one those few projects that are based on Ethereum and yet are performing well during crashes of Ethereum-based projects. Pudgy Penguins raised about $9 million dollars in one year by firm 1kx in an investment round. They were also supported by Big Brain holdings and Kronos research.

The craze of NFT is at another level. Recently, Balmain, a luxury fashion house released unicorn sneakers with an NFT version. In 2021, Pudgy Penguins tweeted, “We aren’t waiting for mass adoption… we’re creating it.”