Common NFT assortment Pudgy Penguins have introduced a partnership with NASCAR to “convey Pengu to NASCAR followers worldwide.”
The announcement follows a raft of latest partnerships and collaborations in latest weeks with each well-known manufacturers and Web3 darlings, together with the likes of PEZ, Random Home and My Neighbor Alice.
Particulars on the character of the Pudgy Penguins and NASCAR partnership have but to be introduced.
Key Insights
Pudgy Penguins have partnered with NASCAR to “convey Pengu to NASCAR followers worldwide”This follows latest partnerships with the likes of PEZ, Random Home, My Neighbor Alice and plenty of moreFurther particulars on the Pudgy Penguins and NASCAR partnerships have but to be revealedThe announcement video reveals the Pengu Conflict brand on an promoting board at a racing circuitPudgy Penguins are doubling-down on model enlargement in 2025, together with funding into the Lil Pudgys model
Supply: Pudgy PenguinsWhat’s Pudgy Penguins?
Pudgy Penguins is a set of 8,888 NFT penguins on Ethereum, minted in July 2021.
Created by 4 faculty college students – Cole Villemain (@ColeThereum), Clayton Patterson, MickyJ and Jonah – the gathering had a much-hyped launch, with many seeing big potential within the venture – however post-mint, it started a decline.
Luca Netz acquired Pudgy Penguins in April 2022 with the objective to “unfold positivity and pleasure to as many individuals as attainable”, starting to put the foundations for Pudgy Penguins character to develop into a globally-recognised model.
Since its 2022 acquisition, Pudgy Penguins has partnered with a lot of main manufacturers. This consists of Walmart, Goal and Walgreens for his or her fashionable toy line, TouchMagix for an arcade machine, Random Home for an upcoming kids’s e-book, and way more.
As of writing, Pudgy Penguins sits at a ground worth of 9.26 ETH – roughly $25,000 USD. Lil Pudgys, a 22,222-piece companion assortment on Ethereum, at present sits at a ground worth of 1.14 ETH – roughly $3,100 USD.
Supply: Pudgy PenguinsWhat can we count on from this NASCAR partnership?
As of writing, particulars on the precise nature of the Pudgy Penguins and NASCAR partnership have but to be revealed.
NASCAR isn’t any stranger to high-profile partnerships. Its groups, drivers, races and broadcasts are awash with sponsorships, partnerships and collaborations with an enormous variety of manufacturers, from world-leading names to extra area of interest firms.
Within the animated video asserting the partnership, a Pengu Conflict brand will be seen on an promoting board at a racing circuit – which might point out that sponsorship alternatives and visible promotion could also be part of the deal.
Additional particulars are anticipated to be revealed sooner or later.
