Pudgy Penguins CEO Luca Netz on the NFT Resurgence Everyone Is Missing

NFTs are coming back. But Pudgy Penguins CEO Luca Netz says the space won't look like it did last cycle. And it seems like Netz has a point. The Pudgy Penguins memecoin PENGU is up about 400% over the last few months. So what will make winning NFT projects this time around? And what will new capabilities bring to NFTs? "The floodgates are open, and you're going to really see the best of what crypto entrepreneurs are going to bring within these next couple of years," Netz tells Coinage in a new interview, highlighting a new creative shift happening in crypto now that the industry is no longer as on high alert as it was under the reign of former SEC Chair Gary Gensler. As the only Web3 media outlet you can co-own, we couldn't agree more: https://www.coinage.media/about For Pudgy Penguins, one of the leading NFT projects, Netz says the goal has been to establish their lovable penguins as the new characters of the internet and to potentially rival Disney's Mickey Mouse. To do so, the project has leaned heavily on measuring and promoting its virality, including tracking how many people use their GIFs, how often people view their YouTube shorts, and eventually looking for ways to unlock that attention. "I think at the end of the day, an NFT project's goal is to proliferate the IP, right? Like, if your mission as an NFT project is to not proliferate the IP, I would argue that you shouldn't be an NFT project," Netz explained. SUBSCRIBE TO OUR FREE NEWSLETTER: https://coinage.substack.com/ STAKE WITH US: https://daic.capital/?utm_source=coin... SUBSCRIBE to Coinage to never miss a video! Coinage is a community-owned show answering crypto's biggest questions. You can learn more about the project at https://www.coinage.media/ #bitcoin #solana #ethereum #trump #politics #nft #pudgypenguins #bitcoinprice #bitcoinnews #crypto #bitcointrading #cryptocurrency #cryptonews #investing #investingtips 00:00 NFTs Are Back 02:00 Pudgy Penguins’ Solana Expansion 04:00 NFT to Token Strategy 06:00 Tokenomics: Burn + Demand 08:00 Government Advisors on Crypto 10:00 Pudgy’s ETF and TradFi Push 12:00 Launching the Abstract Blockchain 14:00 Future of NFTs 16:00 2025 Predictions + Partnerships