Insights on 1k Days of Holdings for Penguin Enthusiasts

Unintentionally, I have held the Fat Penguin for over 1000 days. This journey of diamond hands, although full of challenges, has also brought immense joy, as the Penguin project has provided me with returns far beyond my expectations.

Recently, there are reports that Fat Penguin is about to launch its own token. At first, I was skeptical because the project team has never been very enthusiastic about this topic, and they have never relied on short-term speculation to maintain the price.

Over the past three years, the team and community have been working in both traditional internet and blockchain fields, continuously enhancing brand influence and making Fat Penguin a globally recognized symbol.

After careful consideration, I believe that choosing to issue tokens at this time may have its deeper significance: the current market is hot, with a large number of new users entering, and the penguin enjoys wide recognition in the Web2 world, being a leader in the Web3 field, and can completely serve as a bridge connecting the two worlds. This not only helps more people understand and participate in the Web3 ecosystem but also facilitates the development of various penguin businesses.

In other words, $PENGU is not only the spiritual symbol and lubricant of the Penguin Kingdom, but it may also become the vehicle for driving large-scale applications of Web3. Regardless, I choose to unconditionally trust the Penguin project and its team.

Recent discussions about the Fat Penguin airdrop have been very heated, and many questions have arisen. Here are some interpretations of important information:

1. Airdrop Mechanism: After the launch of $PENGU, holders of NFTs can directly receive rewards for 88 days. This means that any purchase of NFTs made before the token launch qualifies for the airdrop, effectively preventing insider trading.

2. Digital Preference: The project team seems to have a fondness for the number 8. The number of big penguins is 8888, the total amount of $PENGU is 88,888,888,888, and the airdrop claim period is 88 days. This number symbolizes "prosperity" in Chinese, hoping that all holders can obtain substantial returns.

3. Token Positioning: Currently, the official description of the use of $PENGU is still relatively vague, mainly mentioning the promotion of widespread adoption of Web3 and the expansion of community size. Personally, I speculate that $PENGU is more like a cultural symbol, possessing Meme attributes, representing the spirit of the chubby penguin's resilience and continuous innovation over the past three years, symbolizing positive elements such as confidence, optimism, cuteness, and unity.

4. Technical Selection: $PENGU chooses to issue on Solana, possibly to lower the participation threshold. Future plans include expansion to multiple chains, including the Ethereum mainnet and Abstract Chain.

5. Valuation: It is not recommended to simply compare $PENGU with other projects for valuation. The goal of the Fat Penguin is to become the best version of itself, rather than imitating others.

6. Community Allocation: 25.9% of the tokens will be allocated to the Penguin community. As an early community member, I believe the team will treat every supporter well.

7. External Cooperation: 24.12% of the tokens will be allocated to external communities, covering 5 million addresses. This may include projects that previously had airdrop or investment relationships with Fat Penguin, such as Animoca, ZK, L0, OMNI, DYM, etc.

8. Special Care: 0.35% of the tokens will be allocated to FTT holders, and the project team hopes to bring some warmth to the victims of the FTX incident.

9. Long-term planning: $PENGU is just the first step in the grand blueprint of the Fat Penguin. The project also plans to carry out more outreach activities and launch the independent token L2 solution Abstract.

10. Exchange Support: Given the influence of the Fat Penguin, it is expected that mainstream exchanges will consider listing $PENGU.