Pudgy Penguins

Since its debut in July 2021, the NFT project Pudgy Penguins, which features round and positively-shaped birds, has experienced its share of highs and lows. The founders failed to adhere to their initial vision and were accused of squandering funds, which infuriated the Huddle, a group of Pudgy...

How can two Web3 startups keep the momentum going during a bear market? According to Pudgy Penguins CEO Luca Schnetzler, it's less about competing with each other and more about "linking arms and trailblazing as a unit." "I love this moment," Schnetzler said, referring...

One of the most recognizable NFT collections of the last year are Pudgy Penguins. A transaction in April 2022 saw ownership of Pudgy Penguins change hands, with entrepreneur Luca Schnetzler (aka Luca Netz) taking control of the project. Netz will be speaking at Benzinga’s Future of Crypto...

The non-fungible token market continues to heat up with strong sales volume on OpenSea, an NFT marketplace for buying and selling items. A waitlist for the highly anticipated Coinbase Global Inc (NASDAQ: COIN) NFT marketplace has more than 2.5 million people signed up, which could increase the...

A popular NFT collection from 2021 that saw coverage from the New York Times suffered from months of little action and development on the roadmap and items promised by the founder. A new leadership team has bought the rights and is powering forward. What Happened: Pudgy Penguins co-founders sold...

High-end luxury fashion brand Gucci launched a collection of NFTs that outfitted existing NFTs in new clothes. Here’s a look at the collection. What Happened: Gucci launched the 10KTF Gucci Grail collection with digital artist Wagmi-san. The NFTs were revealed earlier this week and show...

To coincide with the NCAA Men’s Basketball Tournament, Benzinga launched an NFT Madness 2022 Tournament with 64 NFT collections competing for the championship. What Happened: The tournament kicked off on March 19 pitting 64 NFT collections against each other for the crown of...

The founder of a popular website for retail traders gave his thoughts on “meme stocks” and the rising valuation of NFTs. Ohanian On Meme Stocks: Reddit, which was founded by Alexis Ohanian, is now valued at $10 billion in a new funding round announced by the company. Reddit has become a...