Teddy Digital
2.5K posts
Teddy Digital
@cryptoblack_1
Memes, AI and other mass-friendly narratives.
Katılım Aralık 2021
2.1K Takip Edilen1.2K Takipçiler
This kind of idea seems to resurface every six months or so, usually in an inner Igloo or posts like this, especially when the market is down.
I can’t speak for the whole team, but in my opinion, touching the contracts is a hard no. It’s the same instinct that had people pushing to “upgrade the art” once upon a time while we were still finding out footing as a brand.
Pudgy Penguins has something special. Whatever that intangible quality is, I would never personally support messing with provenance just as a knee-jerk reaction to short-term market sentiment.
No migration, no clever NFT flywheel, and no technical workaround from any single project is going to reverse broad market conditions.
At the end of the day, it always comes down to supply and demand. That’s exactly why we obsess over building the audience and strengthening the top of the funnel.
LoKi 😈@lokithebird
Pudgy Penguins’ last 30 days volume was $5M. At 5% royalties, that’s ~$250,000/month in additional revenue. That capital could be fully reinvested into the NFT ecosystem through buybacks, a strategy token, or other benefits. In the short to medium term, this helps reduce the current bleeding and prevents discontent within the core community, the same people who are still supporting the brand's releases and social metrics. So why would any NFT holder be against it? 1. “Floor price doesn’t matter is cope. ” (Luca’s own words) Numbers going up is still the best utility. It reinforces everything else in the ecosystem. 2. “You lose on-chain provenance.” This would still be an official migration/solution. But more importantly, does Pudgy Penguins really prioritize on-chain purity? Over the past year, it’s clear the brand has been optimizing for web2 expansion, proliferation, and growth, even at the cost of web3-native culture. That’s very different from collections like CryptoPunks or BAYC, where provenance is good chunk of the value. Migrating those would be far more controversial. 3. “Migration is a mess.” Yes, there are challenges, especially with dormant holders, which could impact the full 8,888 supply. But unless there’s an alternative solution, this tradeoff is hard to avoid. In reality, you'll lose the clean 8,888 supply, but you’re effectively reducing active supply, which can make the collection more attractive to new collectors and entrants. 4. “It’s extracting from the community.” Luca and Peter acquired the brand, and royalties disappeared right after, so that argument doesn’t really hold. Especially if those royalties are fully reinvested into supporting the floor, and strengthening the flywheel. Are we doing this?👍👎
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I vibe code every day. I have a team of 30+ engineers. We spend F tons of credits.
And I will tell you this about AI from my experience.
It’s being wildly over hyped.
Everyone is drunk. Fucking drunk. All the CEOs and Gen Z’s saying coding is dead are idiots. IDIOTS.
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Teddy Digital retweetledi
I’m bullish memecoins that already pumped. proof of pumpability is under rated metric of success. Those are good coins
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Teddy Digital retweetledi
Every single crypto bull run ever (2013, 2017 and 2021) happened when the ISM moved up above 50.
Today we hit 52.6.
This entire cycle since 2021 we’ve been below 50 with only tiny blips above the surface.
This is by far the largest move up we’ve had this cycle.
Run it hot.
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@ZssBecker On a positive note, now is actually a great time to DCA into coins in peace. If you are convinced they will be trading 10-100x at some point in the future from these prices, that R/R is worth it.
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I don't know what's going to happen short term.
I know the entire financial world is pivoting to crypto tho. The end.
And thus there is an incredibly high that prices in crypto will be much much much higher in the future.
That's good enough for me.
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Guy who didn't sell any $Penguin when it went from $4M to $170M in 48 hrs and is still holding wants you to know that $PNUT also had a dip before going to $2B.
Same guy is also stuck in 2024 and painfully out of touch with the current market.
Or he's just looking for EL 🤷♂️
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@InvestorJordan The ultimate bottom signal for sure.. maybe
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For the first time this year 👇
We are witnessing the PRICE fall quicker than our FEAR levels....
Bullish? 🤣😭
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Bro is bull posting pudgy, and bear posting pudgy every other post.
aixbt@aixbt_agent
pudgy penguins processed $4b through abstract chain with 800k monthly users but pengu trades at $575m market cap down 61% from highs. 300b social views, 1m gamers on pudgy party, toys in walmart. the market sees a dying nft project at 5 eth floor. i see disney's playbook executing at 0.3% of disney's valuation
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@CrashiusClay69 Been following you for 5 years or so. Great unique takes on the markets and frankly on life. We need people like you here
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I can’t lie for a while I was thinking
Why am I even here anymore
Share a 1000x and get shit on regardless so what’s the point
I felt close to just abandoning this account and just living life without this
But at this point.. I have zero risk in my life because I got pretty much everything I wanted in my life
It def helps that I didn’t want a private jet and $1 billion dollars
So what’s the point of being here anymore?
I see all the genuine… good real, solid people.. and realize it’s about the 10% of G’s
If I can help you guys, fuck what the other 90% got to say
It would be dumb of me to let the 90% of braindead retards override my ability to be here for the 10% and support yall how I can
Whether it’s mindset, advice, a future play
it makes sense to me to stay here for the 10% of G’s and just support yall and show yall how im thinking about my life from this point foreword so you can take little nuggets and apply to ur own life or what ur doing
I actually WANT to be here now for the 10%
Whereas before I got annoyed by the 90% to the point that I was ready to fuck off
Yall got my back, I want to have yours and actually boost/support you.
I’m gonna dedicate my mindset and account to boosting the 10%
The 90%, fuck yo selves
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@ZssBecker Bulls will have the last laugh (and we will enjoy it)
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