Sulake makes bank.
Habbo developer Sulake announced this week the successful sale of more than 10,000 randomly generated NFT avatars backed by Ethereum. Sold via Dutch auction style, the collection sold out before users were even shown what the avatars look like.
“We are extremely pleased with the success of our Habbo Avatars project and the support that we’ve seen from the community so far. This is truly a nostalgic product, and despite being 21+ years old and one of the original metaverses, the Habbo community is still a very large, passionate and active community throughout the world,” said Valtteri Karu, CEO of Sulake. “So rich is this sense of nostalgia that the Habbo Avatars themselves were not revealed to their new owners upon purchase until October 5th. It’s really been the driving force behind this train, and it’s exciting to see how excited people are about this next step in our evolution.”
Evidently aware of the impending complaints over environmental impact, Sulake has partnered with Offsetra to ensure that 200% of the carbon emissions in the mining process will be offset through various measures.