Pudgy Penguins 1M Plus Sales, Donald Trump Makes ‘NFTs Hot Again’: Nifty Newsletter
Welcome to the latest edition of Cointelegraph's Nifty Newsletter. Keep reading for updated stories on intangible tokens. Every Wednesday, Nifty Newsletter will inform you and inspire you to delve into the latest NFT trends and insights.
This week's newsletter looks at the Pudgy Penguin Unbreakable Token (NFT) collection, the NFT event from Donald Trump, Ghana's NFT stamps, honoring the King and more.
Pudgy Penguin has sold a million plus thousands in 12 months, CEO says.
According to NFT Project CEO Luca Schnetzler, more than one million Pudgy Penguin toys have been sold in the past 12 months.
On May 13, sales increased as the founder of the popular Pudgy Penguin NFT project continued to expand to retailers around the world. The sales milestone follows the announcement on May 12 that Pudgy Toys, along with Pudgy World, are now available in the US retail giant Target.
Pudgy Penguins is a popular NFT collection created in 2021, with 8,888 colorful penguin icons. The project had a rocky start, embroiled in carpet-pulling allegations with its former founder. However, Schnettler purchased the brand in 2022 for $2.5 million.
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Religious leaders go to church and argue metaphorically.
When the first radio and television broadcasts began to reach homes around the world, religious programming was among the first mainstream new media. Now, as the world moves away from flat, 2D screens and frequency-bound audio broadcasts, religious practitioners around the world are turning to metaverse, Web3, spatial computing and artificial intelligence technologies as vehicles for faith.
However, there are still faith leaders who believe there are dangers associated with these technologies, faith leaders who question the necessity of modern technological trappings, and billions of traditional religious followers who are still waiting for guidance.
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Three memorable moments from Donald Trump's “mugshot” NFT event
Former US President Donald Trump gave a few memorable quotes while hosting a group of NFT enthusiasts at his Florida home on Wednesday, May 8.
In addition to promising to keep crypto entrepreneurs in the US, Trump took partial credit for making “NFTs hot again” thanks to his massive collection. It even rejected memecoin, a political rival's initiative – unwittingly causing its price to rise. Several clips of his most memorable lines were released on May 8, X.
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Ghana's crypto stamps celebrate the King's Silver Jubilee
Ghana's National Postal Service ensures that the King's 25th coronation anniversary will be immortalized on the blockchain forever.
Ghana Post has released a new set of stamps “Crypto Stamp” in honor of His Excellency Otumfuo Osei Tutu II. The crypto stamp set honors the King's 25 years of contribution to Ghana's development and cultural integrity. Reflecting this blend of traditional values and new age technology, physical crypto stamps are linked to unique NFTs that are verifiable on the blockchain.
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Thanks for reading this roundup of the week's most notable developments in the NFT space. Come back next Wednesday for more reports and insights into this actively growing space.
