Hello Comrades,
With the holiday season over, it's time to launch into this new year. Some of you may have crossed paths with Pudgy Penguins as toys and collectibles in your local retail stores. Did you know they started as digital art or, we should say, NFTs (Non-Fungible Tokens) by university students in 2021?
Pudgy Penguins, for how simple they may look, all 8,888 pack a massive punch with a $1.18 billion market cap on December 24th, 2024, and the price for a single NFT as of today January 5th 2025 is 18.65 ETH (Ethereum), which in USD is roughly $67,482. Those Pudgy Penguins have almost 5000 owners of individually unique Pudgy Penguins NFTs. Understanding the beginning of this story may give insight into the future of the art & toy market. If you've purchased 1 of their NFTs, you already know what's to come. If you've purchased a Pudgy Penguin toy for yourself or someone else, remember that value can significantly increase as they continue to conquer the art & toy industry for years. If this is all new to you, I want you to know that you're welcome.
The digital art market is booming, with a current value of $4.85 billion and projections to reach $10.01 billion by 2029. Advancements in digital creation tools drive this rapid growth, the rise of NFTs, and the increasing acceptance of digital art by collectors and artists alike. Joining this vibrant market now offers a unique opportunity to be part of an exciting and lucrative industry.
Here at TECH-WEBB, we're relaunching our original colorful collection on OpenSea marketplace this 1st quarter of 2025. Here's a hint, "Creating a Greener Tomorrow, One Pixel at a Time". Keep an eye out for incoming updates on our website.
I appreciate the support from all of you reading this and look forward to keeping you entertained and informed of everything new and upcoming with TECH-WEBB.
Stay One Step Above The Rest.
Sincerely,
-Webb