Pudgy Penguins continues to expand its toy business! Listed in 2,000 Walmart stores across the United States, with prices exceeding 5 ETH.
While many once successful NFT projects are experiencing a continuous decline in prices, Pudgy Penguins, launched in June 2021, is still expanding its business and receiving positive feedback in the market. Yesterday, the team announced that their physical toys will be available in 2,000 Walmart stores across the United States, which quickly led to a surge in their prices.
OG project Pudgy Penguins: How did it return to glory from a price of less than 1 ETH?
On this day, Web3 enters a Brave New World.
Pudgy Toys, with Pudgy World, are now available in 2,000 Walmarts in the USA. pic.twitter.com/UP8npUxCr3
— Pudgy Penguins (@pudgypenguins) September 26, 2023
Table of Contents
Pudgy Penguins Physical Toy Introduction
According to previous reports, the Pudgy Penguins team targeted child users in June this year and launched a series of physical toys on Amazon, such as plush dolls and figurines.
In addition to play, these toys can also enter the virtual world " Pudgy World " by scanning the QR code on the toy certificate. After creating a wallet, you can link it to the purchased penguins and open a feature box, which contains different feature combinations such as hats, sunglasses, and more. These features can be traded, sold, or used to enhance equipment and attributes of penguins, and can be minted as dynamic NFTs on the blockchain.
Furthermore, various mini-games can be played in Pudgy World, and interactions with friends are also possible.
In this wave of sales, Pudgy Penguins attracted a large number of buyers through the integration of virtual and physical elements and affordable prices, selling over 20,000 units within 48 hours of being listed.
Pudgy Penguins Now Available at Walmart! Launching Exclusive Products
Building on the success of the previous sale, the Pudgy Penguins team further expanded the distribution channels of its physical toys, announcing that they will sell up to 26 types of Pudgy Penguins physical toys at prices ranging from $2.99 to $11.97 in 2,000 Walmart stores across the United States. As one of the world's largest retailers, Walmart will greatly increase the visibility of Pudgy Penguins.
It was revealed that the feature boxes obtained when purchasing Pudgy Penguins toys at Walmart will be different this time. The features that can be obtained from these boxes will be exclusive products collaborated with other Web3 brands.
The collaboration list is quite diverse, including well-known projects such as DeGods, Meebits, and y00ts.
Additionally, the team announced that they will release Walmart-exclusive toys in the form of a mysterious Ice Hut blind box, which will include a wearable plush and two figurines.
Finally, as a special treat, any Pudgy Penguins toy purchased at Walmart may contain a golden ticket that can be redeemed for mysterious features in Pudgy World.
Walmart Listing Boosts Prices, Pudgy Penguins Price Surpasses 5ETH
According to data from NFTGO, after the news of being listed on Walmart was exposed, the trading volume of Pudgy Penguins' NFTs rapidly increased by 283% in a single day, and the lowest price also grew by 11%, pushing its price above 5ETH. As of the deadline, it was around 5.2ETH, approximately $8,300.
Related
- Jay Chou's concert tickets in high demand and hard to get | Fans hope to use NFTs to combat scalpers, Japanese expert: Unable to prevent
- Venturing into the entertainment industry? Azuki hires former Hollywood executive as COO: We are in the "post-NFT world"
- The original Doge, Kabosu, who we chased after together all those years, passed away at 7 o'clock on the morning of 5/24.