Pudgy Penguins co-founder launches new NFT collection Spritehood on Robinhood Chain, sells out, with minting revenue totaling $1.28 million.
1 hours ago
Pudgy Penguins co-founder Cole Villemain was voted out and removed by the project’s holders in January 2022. Early Tuesday morning, his 44,444-unit NFT collection Spritehood launched on Robinhood Chain and sold out in less than an hour. According to on-chain transaction data, the total revenue from the NFT mint was approximately $1.28 million. A total of 37,430 NFTs were sold at the public mint price of $17, while another 5,526 fetched $117 each — the latter tier corresponding to a $100 upgrade option offered on the mint page. Calculated from these figures, the total mint revenue came to $1,282,852, equivalent to roughly 684.28 ETH at the time of minting. Before paid sales kicked off, the contract deployer also minted 1,488 NFTs for free via 20 zero-value transactions.
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