According to pengu's tokenomics, up to 310 million airdrops will be provided to FTT holders. Did everyone receive it?
PENGU is the ecosystem token launched by the Ethereum blue-chip NFT project 'Pudgy Penguins,' and its tokenomics are as follows:
- Total Token Supply: 88,888,888,888 tokens.
- Distribution Method:
- Pudgy Penguins Community: Accounts for 25.9%, distributed to NFT holders of Pudgy Penguins, Lil Pudgys, and Pudgy Rods through airdrops and other methods.
- Other Communities: Accounts for 24.12%, reserved for Web3 and other community fields, such as Plushies, Doodles, etc., including users who obtain the 'Elite' role in the abstract Discord and purchase Pudgy Penguin toys to participate in online platform interactions to collect 'Pudgy Penguin Traits.'
- Team and Company: The team accounts for 17.8% and the company for 11.48%, both subject to a one-year cliff period and a three-year linear vesting period.
- Liquidity Support: Accounts for 12.35%, used to create ample liquidity for active trading of the token.
- Promotion and Public Sale: Promotion accounts for 4%, and public sale accounts for 4%, aimed at expanding the project's influence and raising funds.
- FTT Holders: Accounts for 0.35%, allocated to holders of the platform token FTT issued by the bankrupt exchange FTX.
The reason Penguin Coin offers shares to FTT holders: Despite FTX's bankruptcy, FTT still holds a certain influence and trading activity in the cryptocurrency market, with a large number of holders. The Pudgy Penguins project may be attempting to attract the attention and participation of FTT holders, leveraging the strength of the FTT community to expand its own influence and user base, creating better conditions for the issuance and promotion of Penguin Coin, while also providing FTT holders with some compensation and new investment opportunities.