NiftyNoon: Can Luca Netz and Pudgy Penguins Survive this FUD?

People begin to question the past of Luca Netz (October 10, 2023)

Nifty Thought

• Luca Netz has had a tumultuous long weekend. People have questioned his past with aggressive marketing tactics and his involvement with previous NFT rugpulls. Luca came out to clarify his past and denied all accusations that he had previously launched and rugged any NFT projects. While the jury is still out on how all of this will ultimately impact Pudgy Penguins, the short term impact is clear. After briefly dipping below 5 ETH, Pudgy Penguins rallied back as many vocal NFT voices such as Cirrus and 9GagCEO expressed their support for Luca.

• In this sense, Luca is essentially innocent as long as the market continues to support him. Regardless, so long as this controversy does not impact what Luca is building, the brand should continue to flourish. The millions of people sharing Pudgy Penguin instagram posts and using Pudgy Penguin GIPHYs will continue to do so, unaware that this controversy even happened.

Highlighted News

• Luca Netz - From Rug Pulls to Riches:

  

  https://twitter.com/NFTherder/status/1710407673177387305

• The story of Luca from Pudgy Penguins and how he got here:

https://twitter.com/lucanetz/status/1710455795542868386?s=46

• Blur Season 2. November 20:

  

  https://twitter.com/blur_io/status/1711419863887925327?s=20

Project and Community News

• Here are the notes from the meeting with @LucaNetz, CEO of @pudgypenguins:

  https://twitter.com/husker_eth/status/1711145553017344184?s=46

• Yuga Labs is announcing a restructuring that will better focus the team on core priorities:

  https://twitter.com/yugalabs/status/1710301985608540598?s=20

• Greg Solano on Yuga developments:

  https://twitter.com/cryptogarga/status/1710337732176728548?s=46

• Let's talk Cryptopunk Types and Traits - A not so short thread:

  https://twitter.com/nf_suzanne/status/1710708131276411307?s=46

• Next stop on Otherside play-test tour - Hong Kong:

  https://twitter.com/othersidemeta/status/1711414017346932987?s=46

• @9gagceo on Luca and Pudgy Penguins:

  https://twitter.com/9gagceo/status/1710557603984802187?s=46

• Jack Butcher shares pixels image:

  https://twitter.com/jackbutcher/status/1711103062251569255?s=20

• @OpenSea Head of Ventures, Kevin Pawlak, involved in various very dubious business dealings:

  https://twitter.com/nftethics/status/1710278757817164213?s=46

• Happy anniversary, DeGods:

  https://twitter.com/delabsxyz/status/1711150806328893872?s=20

• DeGods “not dead yet” :

  https://twitter.com/delabsxyz/status/1710787662003757496?s=46

• DeGods The Comeback. Chapter One:

  https://twitter.com/frankdegods/status/1711151091243688426?s=46

• Daily Protocol Stars Arena fees in USD:

  https://twitter.com/el33th4xor/status/1710762025133965407?s=46

• Stars Arena smart contract was exploited and funds were drained:

  https://twitter.com/starsarenacom/status/1710604987812708531?s=46

• @punk6529 on why using NFTs is an absolute good:

  https://twitter.com/punk6529/status/1710339847565594779?s=46

• Here’s how MoMA Postcard works:

  https://twitter.com/AutonomyWallet/status/1710298241701384465

• A quick guide to where your artist work is display:

  https://twitter.com/cryptopoppunk/status/1710679765009518746?s=46

• First ever Chimpers Collectible figurine is open for pre-orders:

  https://twitter.com/timpershd/status/1710002751772520647?s=46

• Consider yourself in 2021 when you were new to NFTs:

  https://twitter.com/natealexnft/status/1710853144022847666?s=46

• Ryan Carsons fund just dumped 27 Moonbirds he had acquired at significant loss:

  https://twitter.com/cirrusnft/status/1710353455381201249?s=46

• Moonbirds co-founder dumping Moonbirds from defunct investment fund wallet:

  https://twitter.com/hashbastardsnft/status/1710357549482971580?s=46

Quick Stats:

• Blur ETH Daily Volume: 2,179 ETH (▲ 27.88%)

• OpenSea ETH Daily Volume: 2,050 ETH (▼ 138.65%)

• BTC: $27,656.50 (▼ 0.22%)

• ETH: $1,588.98 (▼ 1.48%)

• Solana: $22.29 (▼ 2.39%)

• Polygon: $0.53 (▼ 3.47%)

NFT Daily Winners:

• 🦉 Moonbirds: 1.35 ETH (▲ 5.65%)

• 🧬 Clone X: 1.07 ETH (▲ 2.36%)

• 👩🏻 Milady Maker: 1.90 ETH (▲ 1.89%)

• 🚬 CryptoPunks: 45.48 ETH (▲ 1.07%)

• 🌈 Doodles: 1.21 ETH (▲ 0.73%)

• 🏳️‍🌈 Chromie Squiggles: 9.50 ETH (► 0.00%)

• 🐈‍⬛ VeeFriends: 1.75 ETH (► 0.00%)

NFT Daily Losers:

• 🧟 Mutant Ape Yacht Club: 4.97 ETH (▼ 0.33%)

• 🏴‍☠️ Captainz: 3.29 ETH (▼ 1.76%)

• 🦧 Bored Ape Yacht Club: 25.64 ETH (▼ 2.34%)

• ⛩️ Azuki: 4.15 ETH (▼ 3.04%)

• 🐧 Pudgy Penguins: 4.94 ETH (▼ 3.56%)

• ⛰️ Otherdeeds: 0.57 ETH (▼ 4.22%)

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