Pudgy Penguins, a collection of 8,888 unique Penguin NFTs, has announced the launch of its native token $PENGU. It will be launched into the Solana blockchain soon, and the users expect a potential airdrop campaign before the launch.
This article will be a complete guide to the PENGU airdrop, covering the launch date, claiming process, listing date, and withdrawal. We will also look into the eligibility for the drop and the trustworthiness of the platform. Let’s start.
Who Are These Pudgy Penguins?
Pudgy Penguins are non-fungible tokens (NFTs) launched on the Ethereum chain in August 2021. The collection contains 8,888 penguins with unique characteristics delivering positive vibes and love to all the hodlers. It was created by some university students and later acquired by Luca Schnetzler for 2.5 million dollars in 2022.
Beyond the social media and web3 presence, these penguins have a huge offline fan following, selling around 1.5 million toys within various physical stores across the globe. The platform also produces various other merchandise and content. With the launch of PENGU, the network will enhance its presence in the blockchain world.
The PENGU Token Details
The major reason for the launch of PENGU is to reach millions of PENGU fans across the globe. With the launch of these tokens, everyone will be able to engage with the Pudgy community. Beyond the total supply of 88,888,888,888 PENGU and the allocation data, more details have not yet been announced. Here are the token allocation details:
- Pudgy community – 25.9%
- Current & future team – 17.8%
- Liquidity – 12.35%
- Company – 11.48%
- Public good – 4%
- Proliferation – 4%
- FTT Holders – 0.35%
- Other communities – 24.12%
Who Are Eligible For PENGU Airdrop? Is it Free?
With the launch of PENGU tokens, the community aims to expand its reach beyond the 8,888 hodlers. So, we can expect that everyone will be able to participate in the campaign. However, priority will be given to the NFT hodlers. Most probably, the airdrop will be 100% free to participate.
PENGU Listing Date & Airdrop Launch Date
The developers of the PENGU token plan to release it to the mainnet before the end of 2024. So, we can expect the launch within two weeks, probably around Christmas or New Year. The devs have not officially announced the token’s exact launch date of the airdrop date.
The listing on A-tier exchanges is likely to occur around Q1 2025. You can follow the X (Twitter) handle, Discord server, and the official Telegram channel of Pudge Penguins to stay updated with the key dates.
How to Claim the PENGU Airdrop?
Similar to other meme and NFT-based fun projects’ airdrops, you probably will be tasked to complete various effortless quests like following its social media and referring a friend. Let’s get into a detailed guide.
- Access Airdrop Page: After the airdrop becomes live, access the Pudge Penguins website and navigate to the campaign’s page. Make sure you have visited the official website as there are numerous scam replicas.
- Connect Wallet: Connect your Solana wallet through a wallet provider that supports the Solana chain.
- Complete Quests: Probably, you will see some basic quests such as engaging with the Pudgy community and visiting their partner profiles. Complete them.
- Additional Tasks: Various social media-based tasks like following its official X handle and retweeting can also be expected. Complete all the mandatory tasks to proceed.
- Claim PENGU: If you are eligible, PENGU tokens will be sent to your wallet after you fulfill all the requirements. You can HODL them or connect to an exchange to sell them.
How to Withdraw Your Earnings?
Like the launch of all other cryptocurrencies, PENGU will initially be listed on a decentralized exchange platform (DEX) where you can swap to your desired crypto if enough liquidity is there. Otherwise, it would be best if you waited for its listing into centralized exchanges to cash out.
Final Thoughts: Is PENGU a Trustable Airdrop?
As a 3-year-old community-based network, Pudgy Penguins has gained enough trustworthiness from web3 users. However, you should do your research to verify it on an experiential level. Also, fake websites are roaming around the web3 atmosphere offering PENGU airdrop by imitating the Pudgy Penguins. Be aware of these scams.
Finally, getting free PENGU tokens will be a great addition to your diversified portfolio if you are willing to HODL it for the long term. Once again, don’t forget to subscribe official X handle of Pudgy Penguins to get the latest updates regarding the airdrop.
