ColeThereum's Controversial Return to Crypto with New NFT Collection on Robinhood Chain

Cole Villemain, also known as ColeThereum, is back in the crypto scene after allegations of misusing Pudgy Penguins' treasury. The co-founder previewed his new NFT collection on Robinhood Chain, which garnered over half a million views.

Villemain's past ventures have been marred by controversy, including a dropshipping site called eBoy Outlet, where customers reported issues with orders and refunds.

His previous NFT project, My Fucking Pickle, crashed within weeks of its launch. The floor price of those NFTs is now $13, down 98% from their peak above $540 in June 2021.

Villemain's new collection appears to be themed around fantasy videogames, but details are scarce. He has chosen Robinhood Chain as the platform for his project, which has been criticized for its lack of focus on real-world asset tokenization and its susceptibility to memecoins.