25-year-old Luca Netz has made millions selling NFTs with the warm likeness of chubby Antarctic creatures.
Netz is the CEO of Pudgy Penguins, an NFT collection existing on the Ethereum blockchain. The brand launched in July 2021, and its first batch of “characters” sold out in under 20 minutes.
Netz purchased the company less than a year later, and today Pudgy Penguins’ market cap stands at nearly $100 million—about the same as whatNetz estimates his on-paper net worth as.
Netz, a serial entrepreneur and 10th-grade dropout, firmly believes in the power of NFTs to completely reinvent every chain of commerce and line of business.
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