Pudgy Penguins is a collection of 8,888 cute Graphic NFT penguins, launched in July 2021. Recently, after exchanges like Binance, Bybit, and OKX announced the listing of the PENGU token, the project quickly became the focus when it opened the check-in and claim Airdrop gate for more than 7 million eligible wallets.
What is Pudgy Penguins?
Pudgy Penguins is a collection of 8,888 cute PFP NFTs on the Ethereum blockchain. The playful and captivating graphics helped the collection quickly become a blue-chip NFT right after its launch. Each NFT is a unique and non-fungible ERC-721 token.
Highlights
- Unique graphic design: Each penguin has five attributes: Background, Body, Face, Head, and Skin. The harmonious combination creates the uniqueness and distinct value of each NFT.
- Trademarked brand: Pudgy Penguins has attracted a loyal community thanks to its clear direction and diverse development mindset.
- Support for sub-communities: With groups like Pudgy Alpha, Pudgy Fitness, and Penguin of the Week to honor active members.
The collection sold out in just 19 minutes at a floor price of 0.03 ETH, raising around $532,000 at the time.
What is the PENGU token?
On December 17, 2024, Pudgy Penguins officially launched the PENGU token on the Solana blockchain. The Airdrop of the token quickly caused a sensation, with over 7 million eligible wallets to claim.
Token information:
- Name: Pudgy Penguins
- Symbol: PENGU
- Blockchain: Solana
- Total supply: 88,888,888,888 PENGU
- Circulating supply: 62,860,396,090 PENGU
Token allocation:
- Pudgy community: 25.9%
- Other communities: 24.12%
- Development team: 17.8%
- Liquidity pool: 12.35%
- Company: 11.48%
- Community and brand benefits: 8.35%
Airdrop claim channel:
Users can claim the tokens at claim.pudgypenguins.com. After 88 days, unclaimed tokens will be burned.
Pudgy Penguins' notable products
1. Pudgy Giphy's
A collection of GIFs on Giphy.com that allows users to create free content. This is a popular tool in the online community, allowing the brand's image to be creatively disseminated.
2. Pudgy Huddle
The official online toy store of Pudgy Penguins, offering products such as figurines, plush toys, t-shirts, and many exclusive items. The products are available on Amazon and in over 2,000 Walmart stores, often released with themed collections and some rare models with special icons.
3. Lil Pudgys
The second collection of 22,222 chibi penguins, launched in December 2021. Lil Pudgys can move between the Polygon and Ethereum networks thanks to the cross-chain LayerZero technology, providing flexibility for users.
4. Pudgy Rods
A complementary collection of fishing rods exclusively for penguins, released for free on August 30, 2021, for Pudgy Penguins owners. This is part of the strategy to build community value.
Investors and development team
Pudgy Penguins successfully raised $9 million in May 2023 from investors such as Big Brain Holdings, LayerZero Labs, and Old Fashion Research.
Core team:
- Luca Netz: CEO
- Lorenzo Melendez: President
- Austin: Head of Marketing
Official information channels
- Website: pudgypenguins.com
- Twitter: @pudgypenguins
- Discord: discord.com/invite/pudgypenguins
Summary
Pudgy Penguins is not only a beloved blue-chip NFT collection, but also a pioneer in exploiting the brand value of NFTs through various forms. The project continues to affirm its position in the NFT and blockchain industry through its tireless efforts.
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