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Pudgy Penguins Path to Legacy Brand & IP Powerhouse | Luca Netz

Empire

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The Bearish NFT Business Model

Luca: The business model prior was, hey, create hype, tell a narrative. Luca: We needed to transcend outside of this eco chamber and created the first step for that by buying Pudgy Penguin IP. He says NFTs have been diluting demand in the blue chip space when there's not enough supply. "I knew coming into this that I needed to make real money in the real world," Luca says.

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