NFT Pudgy Penguins Sold For 400 ETH, Equivalent To IDR 8.9 Billion!

JAKARTA – Non-Fungible Token (NFT) digital art is gaining momentum again. This time one of the Pudgy Penguins NFT collections sold for 400 ETH equivalent to US$600 (Rp8.9 billion) on August 23 yesterday.

This sale is the largest in the Pudgy Penguins NFT project, marking great momentum for the digital art collection. One of the collections that sold for billions was NFT Pudgy Penguins number #6873. In fact, in September 2021, Pudgy Penguins #6873 sold 225 WETH.

In recent weeks, the floor price for the NFT Pudgy Penguins collection has increased by 83%. One of the Pudgy Penguins development team, Luca Netz had stated in his Twitter post that NFT Pudgy Penguins was 1000% bullish.

Based on data from OpenSea.io, the buyer of the NFT with the penguin image is the owner of an account named dreesuschrist. From the OpenSea page, dreesuschrist has several other penguin-themed collections.

What is NFT Pudgy Penguins?

According to his official account, “Pudgy Penguins is a collection of 8,888 NFT, running via Web3. Embodying empathy and compassion, Pudgy Penguins are a beacon of positivity in the NFT realm. Each holder will have exclusive access to experiences, events, and more.”

According to the NFT Evening, in April this year, Luca Schnetzler, a member of the Pudgy community, brought the entire collection from the founder amidst the controversy. Now, the project is growing rapidly, with a great community and a clear direction for the future.

The sale of Penguin Pudgy for 400 ETH proves that there are a lot of people who really believe in this unique collection which has a base price of 3.9 ETH.

Not only digital collections, but NFT developer Pudgy Penguins also has a long-term project and plans to present a variety of physical toys, children's books, and so on.