Former Pudgy Penguins co-founder Cole sells out Spritehood NFT drop on Robinhood Chain

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.