Bullish
Spritehood NFT Drop on Robinhood Chain Earns $1.28M
08-11
Former Pudgy Penguins co-founder Cole Villemain sold 44,000 Spritehood NFTs in 53 minutes for $1.28M, exceeding initial estimates despite unverified contract code.
Woofun AI reports that Cole Villemain, formerly of Pudgy Penguins, launched 44,000 Spritehood NFTs on the Robinhood Chain on August 11. The collection sold out in approximately 53 minutes, generating roughly $1.2829 million (684.28 ETH), surpassing the projected $755,000. Sales comprised 37,430 units at $17 and 5,526 at $117, alongside 1,488 free distributions. The Spritehood contract remains unverified on Blockscout, obscuring pricing logic. Villemain was ousted from Pudgy Penguins in January 2022 following community allegations of fund misappropriation, which remain unproven.
WOOFUN AI
Impact Assessment · Quick Read
The rapid sell-out demonstrates sustained demand for high-profile founder-led projects, even amidst governance controversies. The unverified contract introduces technical risk for holders, potentially impacting secondary market liquidity. Success on Robinhood Chain highlights growing adoption of non-Ethereum L1s for NFT launches.
Generated by WOOFUN AI · For reference only, not investment advice
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