Luca Netz Teases 100B Milestone for Pudgy Penguins This Week
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lucanetz, CEO of Pudgy Penguins and Igloo Inc, teased a new milestone this week with a cryptic post referencing "100B." The tweet, posted on May 6, 2026, has garnered over 700 likes and sparked community speculation about the project's next major achievement.
Netz, who acquired the struggling NFT collection in April 2022 for approximately 750 ETH and transformed it into a global Web3 IP brand, has been actively building momentum around the PENGU token and the Abstract Layer 2 blockchain. The "100B" reference could relate to token supply, market capitalization, or ecosystem metrics.
Pudgy Penguins has expanded beyond NFTs into physical toys, licensing deals, and mainstream retail partnerships. The project's Layer 2 chain, Abstract, aims to bring consumer-friendly blockchain applications to a broader audience.
The exact nature of the milestone remains unconfirmed, but Netz's track record of delivering on promises keeps the community watching closely.
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