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CryptoMAG 6
•
2026-08-11•1 min read

Ousted Pudgy Penguins Co-Founder Raises $1.28M in Rapid Robinhood Chain NFT Mint

Zubiqo Take
QuoteThreads

"Deploying unverified smart contracts for million-dollar mints proves crypto traders don't care what code is actually built on."

Ousted Pudgy Penguins Co-Founder Raises $1.28M in Rapid Robinhood Chain NFT Mint
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Executive Summary

  • •Cole Villemain sold out 44,444 Spritehood NFTs on Robinhood Chain in under an hour.
  • •The mint generated roughly $1.28 million across 37,430 standard and 5,526 upgraded tokens.
  • •Smart contract source code for the project remains unverified on the Robinhood Chain explorer.

Community Sentiment

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Key Developments & Data

Ousted Pudgy Penguins co-founder sells out a 44,444-piece NFT collection in under an hour. Cole Villemain generated roughly $1.28 million across 53 minutes of minting on Robinhood Chain. The Spritehood collection sold 37,430 tokens at $17 and 5,526 upgraded tokens at $117. Onchain data shows the project's smart contract source code remains unverified on the block explorer. Villemain was previously voted out of Pudgy Penguins by holders in January 2022 following treasury misuse allegations. "Sold out. I'm back in the NFT game." — Cole Villemain Deploying unverified contracts for million-dollar cash grabs proves traders don't care what code is actually built on.
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Zubiqo Strategic Assessment

Primary Impact

Retail NFT buyers and Web3 infrastructure operators hosting unverified smart contracts.

Strategic Shift

Capital extraction models from previous NFT bull cycles are re-emerging on newer layer-2 networks.

The Ripple Effect

Increased pressure on layer-2 block explorers and network teams to mandate contract verification before public mints.

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#pudgy penguins#nft mint#robinhood chain#crypto
Read original on The Defiant
Zubiqo MethodologyVerified Signal

Synthesized across 1,500+ daily market sources with human editorial oversight under Zubiqo's standards.

Event Magnitude6 / 10
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