{"id":395380,"date":"2023-05-19T04:29:02","date_gmt":"2023-05-19T04:29:02","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=395380"},"modified":"2023-05-19T04:29:02","modified_gmt":"2023-05-19T04:29:02","slug":"pudgy-penguins-launches-nft-inspired-toys-the-new-toys-raise-500k-in-48-hrs","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/pudgy-penguins-launches-nft-inspired-toys-the-new-toys-raise-500k-in-48-hrs","title":{"rendered":"Pudgy Penguins Launches NFT-Inspired Toys \u2013 The New Toys Raise $500K In 48 Hrs"},"content":{"rendered":"<p>Blue-chip NFT collection Pudgy Penguins has collaborated with PMI Ltd. Kids&#8217; World, an internationally recognized brand for trending children&#8217;s merchandise and toys, to launch NFT-inspired toys. The new products will revolutionize both the toy and the web3 industries.<\/p>\n<h2>Pudgy Penguins Launches NFT-Inspired Toys<\/h2>\n<p>In a May 18 press release, the Pudgy Penguins NFT collection confirmed launching a collection of NFT-inspired toys. The new Pudgy Toys are the new era in web3 and are the first mass-market NFT IP product licensed directly from the community.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Today is the beginning of a new era for Web3.<\/p>\n<p>We\u2019re happy to announce that Pudgy Toys and Pudgy World are now available. <a href=\"https:\/\/t.co\/UKbkIAJzvS\">pic.twitter.com\/UKbkIAJzvS<\/a><\/p>\n<p>&mdash; Pudgy Penguins (@pudgypenguins) <a href=\"https:\/\/twitter.com\/pudgypenguins\/status\/1659325632499572736?ref_src=twsrc%5Etfw\">May 18, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Launched in 2021, Pudgy Penguins is a non-fungible token collection featuring a fixed set of 8,888 NFTs on the Ethereum network. The blue-chip tier NFT collection has grown to include real-world products and experiences ranging from live events to physical goods like these toys.<\/p>\n<p>Blue-chip NFT collection incubated the idea of how its NFT holders can participate and truly use their IP in a value-adding and impactful way sometime in July 2022. Fortunately, less than a year later, Pudgy Penguins realized that licensing NFTs from the community is an authentic way to impact its NFT holders.<\/p>\n<p>The NFT startup has chosen and licensed 16 SKUs inspired by Pudgy Penguins NFTs from the original collection. The 16 NFTs were picked based on aesthetics, various characteristics, and how engaged the owner of the NFT is with the community.<\/p>\n<h2>Pudgy Penguins NFT-Inspired Toys Overview<\/h2>\n<p>The first edition of Pudgy Penguins Toys features about 100,000 toys, priced from $5 to $35.The new toys are available through retailers and online marketplaces like Amazon internationally. Each toy comes with a birth certificate and QR code that unlocks a series of NFTs, or a trait box, on its online platform, Pudgy World.<\/p>\n<p>The Pudgy World is an experience that gives the non-NFT public their very first blockchain wallet, Soulbound NFT, and Tradeable NFTs, all in one simple sign-up with an email address. Pudgy World allows for a fun, user-friendly, and innovative entry for people into the world of blockchain and NFTs.<\/p>\n<p>In the meantime, the <a href=\"https:\/\/www.coingecko.com\/en\/nft\/pudgy-penguins\">Pudgy Penguins NFT collection<\/a> has reacted sharply to the announcement, rising by 5.3% on its floor price in the past 24 hours. The NFT collection has raised a 24-hour sales volume of 469 ETH. Pudgy Penguins has a market cap of $80 million and a floor price of $8,895.<\/p>\n<h3>Related NFT news:<\/h3>\n<ul>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/is-the-metaverse-dead-no-herere-nft-games-ranking-high-in-upcoming-nft-bull-run\">Is The Metaverse Dead? No \u2013 Here\u2019s 10 NFT Games Ranking High For The Upcoming NFT Bull Run<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/crypto-hacks-and-scams-on-the-rise-in-2023-heres-how-to-secure-your-nfts\">Crypto Hacks And Scams On The Rise In 2023 \u2013 Here\u2019s How To Secure Your NFTs<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/axie-infinity-creator-sky-mavis-launches-new-nft-marketplace-on-its-ronin-network\">Axie Infinity Creator Sky Mavis Launches New NFT Marketplace On Its Ronin Network<\/a><\/li>\n<\/ul>\n\n            \n","protected":false},"excerpt":{"rendered":"<div class=\"fin-excerpt\">Blue-chip NFT collection Pudgy Penguins has collaborated with PMI Ltd. Kids&#8217; World, an internationally recognized brand for trending children&#8217;s merchandise and toys, to launch NFT-inspired <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/news\/pudgy-penguins-launches-nft-inspired-toys-the-new-toys-raise-500k-in-48-hrs\" title=\"Pudgy Penguins Launches NFT-Inspired Toys \u2013 The New Toys Raise $500K In 48 Hrs\">[&#8230;]<\/a><\/div>","protected":false},"author":1882,"featured_media":395381,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[7596],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.8 (Yoast SEO v21.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Pudgy Penguins Launches NFT-Inspired Toys \u2013 The New Toys Raise $500K In 48 Hrs<\/title>\n<meta name=\"description\" content=\"Blue-chip NFT collection Pudgy Penguins has collaborated with PMI Ltd. Kids&#039; World to launch NFT-inspired toys.\" \/>\n<meta name=\"robots\" content=\"max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/395380\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pudgy Penguins Launches NFT-Inspired Toys \u2013 The New Toys Raise $500K In 48 Hrs\" \/>\n<meta property=\"og:description\" content=\"Blue-chip NFT collection Pudgy Penguins has collaborated with PMI Ltd. Kids&#039; World to launch NFT-inspired toys.\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-19T04:29:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/05\/Pudgy-Penguins.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"743\" \/>\n\t<meta property=\"og:image:height\" content=\"354\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Dominic Kimani\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@domkim2030\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dominic Kimani\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/395380#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/395380\"},\"author\":{\"name\":\"Dominic Kimani\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/f16958b797c0e54baf7655a53952e3e0\"},\"headline\":\"Pudgy Penguins Launches NFT-Inspired Toys \u2013 The New Toys Raise $500K In 48 Hrs\",\"datePublished\":\"2023-05-19T04:29:02+00:00\",\"dateModified\":\"2023-05-19T04:29:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/395380\"},\"wordCount\":438,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"articleSection\":[\"Breaking Crypto News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/395380#respond\"]}],\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/395380#primaryimage\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/395380\",\"url\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/395380\",\"name\":\"Pudgy Penguins Launches NFT-Inspired Toys \u2013 The New Toys Raise $500K In 48 Hrs\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/#website\"},\"datePublished\":\"2023-05-19T04:29:02+00:00\",\"dateModified\":\"2023-05-19T04:29:02+00:00\",\"description\":\"Blue-chip NFT collection Pudgy Penguins has collaborated with PMI Ltd. Kids' World to launch NFT-inspired toys.\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/395380\"]}],\"primaryImageOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/395380#primaryimage\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/395380#primaryimage\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/insidebitcoins.com\/#website\",\"url\":\"https:\/\/insidebitcoins.com\/\",\"name\":\"InsideBitcoins.com\",\"description\":\"Search &amp; Compare Brokers within Crypto, Forex &amp; Stocks\",\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/insidebitcoins.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/insidebitcoins.com\/#organization\",\"name\":\"InsideBitcoins\",\"url\":\"https:\/\/insidebitcoins.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg\",\"contentUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg\",\"width\":195,\"height\":32,\"caption\":\"InsideBitcoins\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/f16958b797c0e54baf7655a53952e3e0\",\"name\":\"Dominic Kimani\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/10\/avatar_user_1882_1666492415-96x96.png\",\"contentUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/10\/avatar_user_1882_1666492415-96x96.png\",\"caption\":\"Dominic Kimani\"},\"description\":\"Dominic is a Nairobi, Kenya based crypto news writer enthusiastic about NFTs, DeFi, GameFi, the Metaverse and blockchain tech in general, with five years experience in the field, alongside his own personal trading and investing journey. Dominic holds a Bachelor's degree in Journalism, Media and Mass Communication Studies and has been blogging and producing educational materials for retail investors in the financial markets since graduating. Dominic also produces his own NFT and crypto newsletter, taking the initiative to set up his own mailing list with free articles which he uses for reverse outreach to leading media publications. Find and subscribe to that on Substack.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/dominic-kimani-633ba31b2?lipi=urnlipaged_flagship3_profile_view_base_contact_detailsZjwLB50NTrGSuvuR6WrgPw\",\"https:\/\/twitter.com\/domkim2030\"],\"url\":\"https:\/\/insidebitcoins.com\/news\/author\/dominic\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Pudgy Penguins Launches NFT-Inspired Toys \u2013 The New Toys Raise $500K In 48 Hrs","description":"Blue-chip NFT collection Pudgy Penguins has collaborated with PMI Ltd. Kids' World to launch NFT-inspired toys.","robots":{"max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/395380","og_locale":"en_US","og_type":"article","og_title":"Pudgy Penguins Launches NFT-Inspired Toys \u2013 The New Toys Raise $500K In 48 Hrs","og_description":"Blue-chip NFT collection Pudgy Penguins has collaborated with PMI Ltd. Kids' World to launch NFT-inspired toys.","og_site_name":"InsideBitcoins.com","article_published_time":"2023-05-19T04:29:02+00:00","og_image":[{"width":743,"height":354,"url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/05\/Pudgy-Penguins.jpg","type":"image\/jpeg"}],"author":"Dominic Kimani","twitter_card":"summary_large_image","twitter_creator":"@domkim2030","twitter_misc":{"Written by":"Dominic Kimani","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/395380#article","isPartOf":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/395380"},"author":{"name":"Dominic Kimani","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/f16958b797c0e54baf7655a53952e3e0"},"headline":"Pudgy Penguins Launches NFT-Inspired Toys \u2013 The New Toys Raise $500K In 48 Hrs","datePublished":"2023-05-19T04:29:02+00:00","dateModified":"2023-05-19T04:29:02+00:00","mainEntityOfPage":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/395380"},"wordCount":438,"commentCount":0,"publisher":{"@id":"https:\/\/insidebitcoins.com\/#organization"},"articleSection":["Breaking Crypto News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/395380#respond"]}],"copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/insidebitcoins.com\/#organization"},"image":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/395380#primaryimage"}},{"@type":"WebPage","@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/395380","url":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/395380","name":"Pudgy Penguins Launches NFT-Inspired Toys \u2013 The New Toys Raise $500K In 48 Hrs","isPartOf":{"@id":"https:\/\/insidebitcoins.com\/#website"},"datePublished":"2023-05-19T04:29:02+00:00","dateModified":"2023-05-19T04:29:02+00:00","description":"Blue-chip NFT collection Pudgy Penguins has collaborated with PMI Ltd. Kids' World to launch NFT-inspired toys.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/395380"]}],"primaryImageOfPage":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/395380#primaryimage"},"image":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/395380#primaryimage"}},{"@type":"WebSite","@id":"https:\/\/insidebitcoins.com\/#website","url":"https:\/\/insidebitcoins.com\/","name":"InsideBitcoins.com","description":"Search &amp; Compare Brokers within Crypto, Forex &amp; Stocks","publisher":{"@id":"https:\/\/insidebitcoins.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/insidebitcoins.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/insidebitcoins.com\/#organization","name":"InsideBitcoins","url":"https:\/\/insidebitcoins.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/","url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg","contentUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg","width":195,"height":32,"caption":"InsideBitcoins"},"image":{"@id":"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/f16958b797c0e54baf7655a53952e3e0","name":"Dominic Kimani","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/image\/","url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/10\/avatar_user_1882_1666492415-96x96.png","contentUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/10\/avatar_user_1882_1666492415-96x96.png","caption":"Dominic Kimani"},"description":"Dominic is a Nairobi, Kenya based crypto news writer enthusiastic about NFTs, DeFi, GameFi, the Metaverse and blockchain tech in general, with five years experience in the field, alongside his own personal trading and investing journey. Dominic holds a Bachelor's degree in Journalism, Media and Mass Communication Studies and has been blogging and producing educational materials for retail investors in the financial markets since graduating. Dominic also produces his own NFT and crypto newsletter, taking the initiative to set up his own mailing list with free articles which he uses for reverse outreach to leading media publications. Find and subscribe to that on Substack.","sameAs":["https:\/\/www.linkedin.com\/in\/dominic-kimani-633ba31b2?lipi=urnlipaged_flagship3_profile_view_base_contact_detailsZjwLB50NTrGSuvuR6WrgPw","https:\/\/twitter.com\/domkim2030"],"url":"https:\/\/insidebitcoins.com\/news\/author\/dominic"}]}},"modified_by":"Dominic Kimani","_links":{"self":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/395380"}],"collection":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/users\/1882"}],"replies":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/comments?post=395380"}],"version-history":[{"count":2,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/395380\/revisions"}],"predecessor-version":[{"id":395390,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/395380\/revisions\/395390"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/media\/395381"}],"wp:attachment":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/media?parent=395380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/categories?post=395380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/tags?post=395380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}