Cole Villemain, a co-founder of Pudgy Penguins who was removed from the project by community vote in 2022, returned to the NFT market on Aug. 11 with a new collection called Spritehood on Robinhood Chain. The drop featured 44,444 NFTs under the WISP label and sold out in 53 minutes, generating about $1.28 million in revenue, or roughly 684 ETH. Of the total supply, 42,956 were paid mints, while 1,488 had been distributed for free before the public sale. Pricing was split between 37,430 mints at $17 each and 5,526 mints at $117, with the extra $100 tied to an upgrade option. The project uses an RPG-style structure with 10 classes, and holders can later burn Wisp NFTs to summon customizable sprites. The launch also drew renewed attention to Villemain’s history, including the 2022 treasury controversy around Pudgy Penguins and earlier claims highlighted by ZachXBT. On Aug. 13, Robinhood Chain posted $1.05 million in 24-hour NFT trading volume, above Ethereum’s less than $525,000 during the same period, according to the source article.

Former Pudgy Penguins co-founder Cole Villemain has sold out a new NFT project, Spritehood, on Robinhood Chain, with 44,444 NFTs gone in less than an hour. On-chain analysis shared by 0xlaplaced put the sale’s actual proceeds at about $1.28 million, well above the $755,000 figure that had circulated in the community during the mint. The breakdown cited in the analysis showed 37,430 items sold at $17 each and another 5,526 sold at $117, with the full sale lasting roughly 53 minutes and 48 seconds. At the same time, the project’s Spritehood Wisp, or WISP, contract still appeared as unverified on Blockscout, leaving the contract logic and fund distribution mechanism unavailable for public review. The launch has also revived scrutiny of Villemain’s past. Before the sale, he promoted the project on X, including a July 11 teaser and later giveaway campaigns tied to likes, reposts and follows. Community criticism has pointed back to his removal from the original Pudgy Penguins team in January 2022, while blockchain investigator ZachXBT had already published a long post in 2021 raising sharp questions about his earlier conduct.

Cole Villemain, the Pudgy Penguins co-founder removed by holders in January 2022, sold out a 44,444-piece NFT collection called Spritehood on Robinhood Chain in less than an hour on Aug. 11. An onchain breakdown shared by X account 0xlaplaced said the paid mint ran for 53 minutes and 48 seconds, with 37,430 tokens sold at $17 and 5,526 sold at $117, bringing the total to $1,282,852, or 684.28 ETH at mint-time pricing. The same analysis also said 1,488 tokens were issued for free across 20 zero-price transactions before the paid sale began. The contract has drawn attention because its source code is not verified on Robinhood Chain’s Blockscout explorer. The Spritehood Wisp ERC-721 token, under the symbol WISP at address 0xd6577124F96394faee65AfD2408f2ffA88445f63, shows a total supply of 44,444, but buyers cannot inspect published code for the pricing and distribution logic. Critics on X called the sale a cash grab, while scrutiny around Villemain’s history was amplified by his past removal from Pudgy Penguins and an earlier thread from blockchain investigator ZachXBT. What buyers ultimately receive for $17 or $117 remains unclear.

GIZA powers Giza Tech’s autonomous agent protocol across staking, fee sharing, governance, and product access. Backed by notable investors, the project sits at the intersection of AI and DeFi, but thin liquidity, limited circulation, and early-stage adoption make it a highly speculative asset.