Pudgy Penguins, an Ethereum NFT project that amassed over 50 billion social media views and placed toys on Walmart and Target shelves, is launching a token called PENGU on December 17th. The token will have a total supply of 88.88 billion PENGU tokens, 25.9% of which are being set aside for members of the Pudgy Penguins ecosystem via an upcoming airdrop claim.
The token will launch on the Solana blockchain, but will eventually expand to Ethereum and Abstract, an Ethereum layer-2 scaling network being built by Igloo Inc., the parent company of Pudgy Penguins. The PENGU token aims to better connect the millions of Pudgy Penguin fans around the world with the brand.
Source
Source
