Ex Pudgy Penguins Founder Sells Out New NFT Drop in One Hour

Cole Villemain, who left the Pudgy Penguins project after a community vote in early 2022, is back in the spotlight. He successfully launched a new collection of 44,444 NFTs on the Robinhood chain this Tuesday. The entire set sold out in less than one hour, bringing in approximately 1.28 million dollars based on transaction data.

This rapid sellout suggests that interest in new NFT projects remains active despite changing market trends. By choosing the Robinhood chain for this launch, Villemain is tapping into a different audience than the traditional Ethereum NFT market. This move signals a potential shift for creators looking for lower fees and different user bases.

Traders are watching to see if this project maintains its value in the coming weeks. The success of this mint shows that individual reputation still drives quick activity in the NFT space. We will be monitoring how the secondary market treats these new assets now that the initial sale is closed.