Luca Netz on the Pudgy Penguin Airdrop | Roundup
Empire
Intro
This chapter explores the challenges of high NFT prices in the Pudgy Penguins community and introduces 'Pengu', a new vehicle aimed at enhancing accessibility. It also highlights collaborative efforts and the impact of a recent airdrop on the Solana network.
In this week's roundup we are joined buy Pudgy Penguins founder Luca Netz to unpack the recent Pengu token launch. He shares the journey from surviving the bear market with just $500k in the bank to becoming a global brand in Walmart, and explains why Pudgy Penguins is positioned to become crypto's first consumer conglomerate. The conversation delves into the challenges of fundraising for IP projects, strategic decisions around launching on Solana versus Abstract L2, and how the project aims to transcend traditional memecoins to become a cultural phenomenon. Thanks for tuning in!
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Timestamps:
(00:00) Introduction
(02:51) Pudgy Airdrop Review
(12:16) Why launch a coin
(24:56) Solana, zkSync, L2 Decision Making
(30:53) Skale Ad
(31:32) Magic Eden Ad
(32:16) Uniswap Ad
(32:48) Mantle Ad
(33:43) Ledger Ad
(34:30) Walmart Deal making
(51:48) Difficulty of Raising
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Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.
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