New Delhi [India]June 5: NFTs have been in and out of popularity in recent years. Some compilations have blown the internet, hit mainstream headlines and caused a stir – I hope you haven’t forgotten about Madonna’s ‘Mother of Creation’ compilation with Beeple. However, they have also experienced a decline in popularity, existing quietly in the background of Web3 while other announcements and projects take center stage.
Bringing attention back to NFTs this month, Pudgy Penguins has finally found a way to bring digital artwork into the mainstream. Meanwhile, Caged Beasts (BEASTS), a popular new presale, is announcing a future NFT collection to rival the likes of Bored Ape Yacht Club (BAYC).
What makes Pudgy Penguins so special?
This week the NFT world exploded with Pudgy Penguins. The project launched physical toys on Amazon and sold US$500,000 worth of toys within 48 hours of launch. They hit the #1 toy in several categories and increased the NFT floor price by 33 percent from 4.5 ETH to 6 ETH. So, what made them so popular?
In short, they made people money. A person can buy a Pudgy Toy from Amazon, scan the unique QR code or “birth certificate” and be redirected to Pudgy World’s online clubhouse. From here they can open trait boxes specific to their Pudgy Toy purchase and then buy, sell or collect traits for their penguins. On top of this, any Pudgy Penguin NFT owner of the physical toy sold gets a percentage of the sale!
The project doesn’t stop there, Amazon is just the beginning. Pudgy Penguins has a roadmap in place to launch its product globally, hitting stores like Walmart later this year. They’ve also kept very quiet on their Instagram account, holding back from announcing the physical toys to their 547,000 followers — for now. This project has shown longevity and potentially huge returns available in the NFT space.
Can cage animals take over the Bored Ape Yacht Club?
Created by Yugo Labs, Bored Ape Yacht Club is arguably the most famous NFT collection on the market. Celebrities from Gwyneth Paltrow to Post Malone and Kevin Hart own these digital pieces. The most expensive BAYC to ever sell went for an astonishing US$3.4 million on Sotheby’s Metaverse marketplace. However, a new project has arrived, promising something unique, engaging and potentially lucrative.
Caged Beasts (BEASTS) is a new pre-sale project that is causing quite a stir. With rebellion at its heart, this coin promises to dethrone centralized banking, paving the way for decentralized finance to hit the mainstream.
The project’s story arc follows as RABBIT 4001 injects “caged animals” with mutagens at each stage of the pre-sale until they are strong enough to break free from the “cage” of traditional banking. Caged Beasts (BEASTS) has announced an NFT launch in their roadmap. Considering the trendy art style of the project, as well as its rebellious promise, this NFT collection is likely to impress the digital art world – past Pudgy Penguins and potentially reaching the heights of BAYC.
If Caged Beasts (BEASTS) are up your street, sign up to their mailing list below.
Find out more about Caged Beasts (BEASTS):
(Disclaimer: The above press release is issued by ATK. ANI will not be in any way responsible for the content of the same)