Pudgy Penguins NFT-Inspired Toys Get Listed In Walmart

Pudgy Penguins NFT-Inspired Toys Get Listed In Walmart – Its NFTs Pump 265% In Sales

Updated: 06 June 2024

Disclosure

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

Join Our Telegram channel to stay up to date on breaking news coverage

Pudgy Penguins, the digital asset firm and the team behind the famous Pudgy Penguins non-fungible token collection, has successfully listed its NFT-inspired toys in 2,000 Walmart retail stores in the United States. The listing has created a sensation in the NFT market, with its trading sales volume spiking more than 200% in just 24 hours.

Pudgy Penguins NFT–Inspired Toys Now Listed On Walmart

In a September 26 press release, the Pudgy Penguins NFT creator confirmed debuting its NFT-inspired toys in 2,000 Walmart stores in the United States. Pudgy Toys plushies and collectibles are now sold alongside other legacy consumer brands in the retail stores.

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

Established in 2021, Pudgy Penguins is a digital asset firm founded by digital artist and crypto investor Cole Thereum and his team. The digital asset firm is renowned in the crypto market for its popular Pudgy Penguins, an NFT collection featuring a limited edition of 8,888 Ethereum-based NFTs.

The Pudgy Penguins team focuses on making Web3 accessible to everyone by creating innovative products that enable seamless onboarding. Their focus on community empowerment and building brand awareness has made them secure a listing for their NFT-inspired toys in 2000 Walmart stores.

Under the new listing, Pudgy Penguins, an NFT brand that has already achieved $400 million in digital collectible sales, anticipates generating more revenue now from toys. While commenting about the advancement, Luca Nets, the CEO of Pudgy Penguins, remarked:

“Walmart’s inclusion of Pudgy Toys in their stores is a testament to the evolution of how consumers engage with brands in the digital era. The team spent years developing the Pudgy brand and fostering our community through social media and the blockchain.”

The NFT–inspired toys come with a unique birth certificate that enables the user to claim unique traits for their digital Forever Pudgy character inside Pudgy World by scanning a QR code. The new toys feature designs traits based on IP from some of the world’s largest and most notable NFT collection, including Meebits and DeGods.

Pudgy Penguins NFTs Pump 260% In Sales Volume

Pudgy Penguins NFT collection has attracted a short frenzy in the non-fungible token market, with some investors now shifting back attention to NFTs. In the past 24 hours, Pudgy Penguins has seen its trading sales volume spiking more than 260%. The NFT collection has also seen its market capitalization and floor price pumping 11.8% in the past 24 hours.

Source: CoinGecko.com, Pudgy penguins trading activity

In the meantime, Pudgy Penguins has already outpaced some of the popular NFT collections, including Mutant Ape Yacht Club, an NFT collection from the digital asset firm, and Bored Ape creator Yuga Labs. In the past 24 hours, Pudgy Penguins NFTs have a trading sales volume of 940 ETH, while Mutant Ape NFTs have a sales volume of just 627 ETH.