Starship announces the launch of Ostro Fan Card - PENGU Edition, aiming to offer exciting rewards for Starship NFT holders.

Starship, a token issuance platform, has launched the Ostro Fan Card - PENGU Edition. This exclusive card is reserved for Starship NFT holders and will be distributed on a first-come, first-served (FCFS) basis.

The PENGU Edition is expected to offer rewards as enticing as those from the previous two seasons. Detailed information about Season 3, including rewards for cardholders, will be announced by Starship in December 2024.

The Ostro Fan Card was designed with a dual purpose: to appreciate Starship NFT holders and to provide additional rewards for Ostro's loyal fans.

In other words, this initiative not only acknowledges the support of the Starship community but also unlocks exclusive benefits for those who believe in Ostro's vision and seek deeper engagement within the project's ecosystem.

The Ostro Fan Card - PENGU Edition marks the third season of the Ostro Fan Cards. Previously, Ostro released two editions with unique perks:

  • Season 1 (ME Edition): Launched on December 18, 2023, priced at 12.5 C98 per card (C98 snapshot price: $0.25). Holders received 12.5 ME tokens per card, distributed on February 13, 2025.

  • Season 2 (MOCA Edition): Launched on December 25, 2023, priced at 8 C98 per card (C98 price at the time: $0.22). Holders received 112.5 MOCA tokens per card, with distribution scheduled for mid-February 2025.

The Ostro Project. Source: Ostro

Ostro is an NFT Venture Studio operated by Ninety Eight, focusing on the web3 space. Ostro specializes in creating, developing, and supporting promising NFT projects, connecting innovative ideas with blockchain technology to deliver unique digital experiences and sustainable value for the community.

Beyond issuing fan cards exclusively for the Pudgy Penguins community, Ostro has demonstrated its interest and investment in this project earlier.

On May 14, 2024, Ostro announced an investment in Pudgy Penguins by purchasing 8 Pudgy Penguins and 38 Lil Pudgys for a total of 138 ETH, equivalent to $400,000 at the time. This move highlights Ostro's recognition of Pudgy Penguins' growth potential and its commitment to partnering with the project in the long term.

The Pudgy Penguins NFT Project. Source: Magic Eden

PENGU is the token of the Pudgy Penguins NFT project, renowned for its adorable, chubby penguin characters. On the evening of December 17, Pudgy Penguins officially launched the PENGU token on the Solana network and initiated an airdrop program for its community.

Launched in 2021, Pudgy Penguins successfully raised $20 million, including $9 million in May 2023 and $11 million in July 2024, from major investment funds. The funding has been allocated to project development both in the digital realm and in the physical world, such as producing toys.

Pudgy Penguins quickly rose to prominence as one of the most famous NFT collections on the market. It even surpassed Bored Ape Yacht Club to become the second-largest collection, with a total market capitalization of $1.2 billion, trailing only CryptoPunks, which holds a $1.6 billion valuation, following the announcement of the PENGU token launch.

$PENGU

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