2min chapter

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Pudgy Penguins’ Luca Netz: “I Will Be the Face of NFTs”

nft now podcast

CHAPTER

Yuga Labs: Bullish or Bearish?

"I do not buy Pudgy Penguins. I can tell you that for a fact," he says. "We are definitely not here without Yuga Labs." The company's valuation means it has to meet the highest expectation for revenue, and taking away royalties is a hit on revenue,. It's going to ultimately lead them to potentially do more mince, which there's only so many mince you can do before the armor begins to fail and you begin to lose.

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