Rhys 🐧

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Rhys 🐧

Rhys 🐧

@KohRhys

Feeling Pudgy 🐧

Singapore Katılım Şubat 2021
341 Takip Edilen364 Takipçiler
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Solana
Solana@solana·
Everybody loves Pengu
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borovik
borovik@3orovik·
NFTs have way less friction than memecoins For an NFT to “pump” 100x, all that has to happen is for everyone to just delist and list higher If every BAYC holder woke up and decided that the floor was $500,000 then the floor would be $500,000 It’s that simple
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Pudgy Penguins
Pudgy Penguins@pudgypenguins·
The Pudgy Penguins Mystery Box redemption is now live. Claim your physical Mystery Box or burn it forever and receive a Soulbound Token. More information below.
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raagulanpathy
raagulanpathy@raagulanpathy·
We’re just a 19-month old company & get a mention in the Stripe Annual Letter… “and KAST, to name a few—are building global financial apps right out of the gate.”
Stripe@stripe

x.com/i/article/2026…

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OpenSea
OpenSea@opensea·
Come on a tour of @pudgypenguins HQ with @LucaNetz & @brycent 🐧 We covered it all — trading cards, fresh merch, the Manchester City collab, and an exclusive first look at the new OpenSea mobile app. (00:21) — From Takeover to Igloo HQ (01:11) — From Toddler to Global Brand (01:36) — NFTs to Retail IP (02:05) — First Edition Collectibles (02:40) — Rallying the Family (04:40) — PENGU Launch Night Chaos (05:40) — The "Infidelity" Collectible (07:05) — Owning the Cultural Moment (08:20) — New OpenSea Mobile App (09:02) — Pudgy's TCG Product (09:11) — Big Box Retail Alpha
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Coinbase Singapore 🛡️
Coinbase Singapore 🛡️@CoinbaseSG·
Gm Singapore, are we ready for our final CNY riddle? 🍊 Here’s a fun one: a coin that's truly Singaporean. Any guesses? → Follow @CoinbaseSG @PudgySG @BaseinSG → RT + comment answer 5 winners will each win one CNY Coinbase Pudgy. 1 grand winner will win S$888 BTC.
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Greeny
Greeny@greenytrades·
I’m incredibly bullish on $BTC but it’s clear we have ample time to accumulate this year. People will start to bring hopium back, which is warranted, but don’t be fooled, charts need time to reset after up only from 2023 to 2025 - that’s how price works.
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Elon Musk
Elon Musk@elonmusk·
@XFreeze Yup 😂 That really made him upset. After I ghosted him, Epstein went on a massive campaign to short Tesla and got Gates to short 1% of Tesla stock when the market cap was $40B. As far as I know, Gates still has the short open. Someone should ask him how that’s working out 🤗
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eric
eric@defyneric·
@KohRhys ty rhys, one of my next articles will break how pudgy penguin generates 50M a year in revenue :)
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Pudgy Penguins
Pudgy Penguins@pudgypenguins·
Join us at the Pengu and @KASTxyz Party on February 12. Have fun with friends at the Cardinal Point Rooftop in Hong Kong with a night of music, networking and a few surprises you won’t find anywhere else. Don’t miss out, RSVP here: luma.com/KAST_PUDGY_HK
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Rhys 🐧
Rhys 🐧@KohRhys·
And this is why I spend my stables on @KASTxyz Bullish 💳
raagulanpathy@raagulanpathy

At @KASTxyz are dropping FX from 2% to 0.5-1.75% & USD spend remains 0% We are constantly renegotiating contracts, and this allows us to reduce costs, and pass this onto users. Why was it 2% in the first place? — Let me explain, for those who want the long version. 1/ The schemes charge a cross-border fee of 1%. This applies to FX & even USD which is spent outside the US (for which we charge 0% but makes up 20% of spend. Combined the blended was 1.2-1.3% in costs 2/ Then we have processing fees, for authorization and settlement, which is higher in cross-border. This is typically another 0.3-0.4% 3/ Then we have the fraud, decline and other costs which are higher on FX transactions. 4/ And costs to swap & settle USDC/T to the schemes. Blended, it cost us >2%. We charged 2% to cover costs. The good news, is because we now have scale and funds, renegotiate and bring these costs down. It’s a multi-year process, and complicated. Why the variance between 0% and 1.75%? Because our costs are different between markets, and where we can go lower we will. Soon, we hope to have multi-currency cards which would have no FX in places like Europe, Brazil etc. My target for later this year is to reduce the maximum to 1.5% and have over 50% of where global spend happens at between 0-1%. Far from done yet, just getting started.

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raagulanpathy
raagulanpathy@raagulanpathy·
At @KASTxyz are dropping FX from 2% to 0.5-1.75% & USD spend remains 0% We are constantly renegotiating contracts, and this allows us to reduce costs, and pass this onto users. Why was it 2% in the first place? — Let me explain, for those who want the long version. 1/ The schemes charge a cross-border fee of 1%. This applies to FX & even USD which is spent outside the US (for which we charge 0% but makes up 20% of spend. Combined the blended was 1.2-1.3% in costs 2/ Then we have processing fees, for authorization and settlement, which is higher in cross-border. This is typically another 0.3-0.4% 3/ Then we have the fraud, decline and other costs which are higher on FX transactions. 4/ And costs to swap & settle USDC/T to the schemes. Blended, it cost us >2%. We charged 2% to cover costs. The good news, is because we now have scale and funds, renegotiate and bring these costs down. It’s a multi-year process, and complicated. Why the variance between 0% and 1.75%? Because our costs are different between markets, and where we can go lower we will. Soon, we hope to have multi-currency cards which would have no FX in places like Europe, Brazil etc. My target for later this year is to reduce the maximum to 1.5% and have over 50% of where global spend happens at between 0-1%. Far from done yet, just getting started.
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