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"Fat Penguin" NFT warm winter, bucking the trend of rising unit price to break 7ETH

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Under the new Boss, the project team is finally doing things instead of lying down.

Decrypt, Coindesk

Original article by Danny Nelson and Adam Morgan McCarthy

PANews

Who is the cutest animal in winter? I believe many people will think of penguins, perhaps because of the name, "Fat Penguin" series. 2022 It was impressive in the cold winter of last year, and it shone during the Christmas season.

Following 12 Month 27 The daily floor price has risen to 6 %. After the record high of ETH currency standard, Project "Pudgy Penguins "; Floor price 12 Month 28 Daily break 7 ETH, up to 7.1 ETH, a new high in the history of currency standard. 24 The hourly increase reached. 30.28% & have spent Its trading volume is close to that of the US. 2200 ETH, growth 159.20% & have spent . In addition, the current series. NFT The total value of transactions reached. 2.1643 & have spent $100 million, market cap hit. 9132 Ten thousand dollars. The rally is also over. Pudgy Penguins The year-long decline, the. NFT Series from 2022 The year began at a trough in terms of prices, but rebounded after the ownership change and a renewed focus on the brand.

地板价破 7，「胖企鹅」NFT 为何能在加密寒冬中逆势上扬？

The once-vibrant community meme culture has taken a beating

Total issue 8, 888 Gold Pudgy Penguins In 2021 Year 6 Launched last month, it quickly became one of the most popular in the crypto community. PFP NFT One of a series that, despite its lower market capitalisation, is as well known. CryptoPunks And BAYC Quite. As opposed to being full of weird art. NFT Elsewhere in the market, Fat Penguin's cute, healthy cartoon pictures of penguins are more popular with ordinary investors.

And most only have the property of investment. NFT Different projects, "Fat Penguin" Pudgy Penguins The project is more of a social engagement opportunity, and the number of holders of the series is close. 7000 People, its Discord Channels are extremely active (even without Penguin NFT Can also participate in), even attract Reddit Co-founder AlexisOhanian Join.

However, the co-founders of this promising project seem to be getting carried away with their success, not having a team in place for half a year after the project started, even sparking multiple stakeholders (including NFT Hedge fund StarryNightCapital, eGirlCapital Etc.) unhappy, initiated a proposal to move the community to a named WrappedPenguins On the new project.

2022 Year 1 Last month, having squandered the project's funds, the "Fat Penguin" Pudgy penguins. p. The community ousted the project's founder. Four months later, serial entrepreneur. Luca Schnetzler (Netz) with 750 ETH (about 250 For ten thousand dollars). Pudgy Penguins All rights to this. NFT The project has finally seen the dawn of "coming back to life".

New Boss Let the "fat penguin" winter smoothly

Luca Schnetzler (Netz) takes over Pudgy Penguins. Since then, it has committed to the community to "build the brand" and connect with everyday consumers, and has undertaken a series of radical reforms, such as the launch of Pengu licensing, a market for collections, and various social media campaigns, aiming to make the project a true blue chip. NFT Series.

At the end of April, the "Fat Penguin" was Pudgy penguins4. Announced the launch of a new themed metaverse project and a themed map, followed by a new Logo on social media in an attempt to get a "fresh start".

In August, the "Fat Penguin" Pudgy Penguins Nansen and Meta Executive inclusion on the project advisory Board, including Nansen Chief Executive Officer Alex Svanevik, Saks Fifth Chief Operating Officer Avenue RJ Cilley, Hasbro Authorized person in charge Jess Richardson, Meta Partner Team Jordan Sterling, Luca Schnetzler (Netz) also announced the launch of physical goods to expand the brand presence, such as Pudgy Toys Stuffed animals and children's books. In September, the "Fat Penguin" Pudgy Penguins With the international children's toy brand PMI Toys Reached a partnership to launch a new line of physical toys. Pudgy Plushies. In early December, the "Fat Penguin" was Pudgy penguins. eg. "Snowed In: A Rare Pudgy Penguins Sale," in partnership with Sotheby's. 10 D NFT Be "killed by seconds" and brought close. 12.9 & have spent Ten thousand dollars each. NFT The average selling price reached. 12900 The dollar is much higher than it was at about that time. 1300 Floor rate in dollars.

Taken as a whole, these measures have yielded good results, according to the report. Luca Schnetzler (Netz) revealed that during this year's Christmas holiday season, the "Fat Penguin" was Pudgy Penguins Branded goods (including T Sales of shirts, hats and hoodies were up significantly. 2023 More toys and collectibles will come online in 2010.

NFT Club Proof Collective Head of Research "Punk 9059 " The analysis says the "fat Penguin" is Pudgy penguins4. The success in this crypto winter is due to the fact that the project attracted a lot of influential people to the project, and the fact that the project leaders took a different approach, "to actually make money and sell the actual product, rather than just relying on royalties, and then the project leaders relax and play all day".

It comes after news that the "Fat Penguin" was Pudgy penguins4. Discuss with investors through the Simple Future Equity Agreement (SAFE). 1000 $10,000 seed round financing, if the financing is completed its valuation will reach. 5000 Ten thousand dollars, or will be paid. 2024 Year 4 Monthly coin issue and launch new "Rogs" concept. Luca Schnetzler (Netz) denied raising capital but said he would return some of the project's profits. NFT He stressed that he would lead the company transparently and "build it into one of the largest brands in the world".

What's interesting is that with the Pudgy penguins4. Flooring prices rise to a record high, its sister project. Lil Pudgys Market performance is also "a rising tide lifts all boats", floor prices have risen to. 0.59 ETH, past 24 Hour rise 22.92% & have spent , hit a record high on the currency standard. In addition, the current. NFT Series market value rose. 1551 Ten thousand dollars, the total value of the transaction reached. 1295 Ten thousand dollars.

地板价破 7，「胖企鹅」NFT 为何能在加密寒冬中逆势上扬？

summarize

Pudgy Penguins May be the only bright in the whole encryption winter, and the floor price continues to rise. NFT Project, but whether this trend is a blip in the "Christmas rush" or sustainable remains to be seen. But in any case, the "Fat Penguin" is Pudgy penguins4. Success for those in the deep bear. NFT It certainly seems like a shot in the arm for the market, after all, in the new Boss The project team is finally doing things instead of lying down.