The 1000-Day Journey of Fat Penguin Holders: 10 Key Insights

As a long-term holder of Fat Penguin, I have spent over 1000 days and nights. This journey has been full of challenges, but it has also brought endless joy. Recently, news about Fat Penguin's upcoming token issuance has attracted widespread attention. At first, I was a bit skeptical, after all, the team has always downplayed the topic of token issuance and has never relied on short-term speculation to maintain the project's value.

Looking back over the past three years, the team and the community have been making simultaneous efforts in both Web2 and Web3, continuously enhancing brand awareness and making Fat Penguin a focal point of global attention.

After careful consideration, I believe the strategic significance of issuing tokens at this time is very clear: as the bull market continues, a large number of new users are entering the crypto world. Fat Penguin, as a dual-star in both Web2 and Web3, has the potential to become a bridge connecting these two worlds, helping newcomers understand and participate in the Web3 ecosystem while also promoting its own business development.

The new token not only symbolizes the spiritual core of the Fat Penguin Empire but will also become an important tool for driving the mass adoption of Web3. Regardless, I have always maintained strong confidence in the Fat Penguin team.

Next, let me answer some common questions about the Fat Penguin airdrop:

1. Airdrop Mechanism

The airdrop uses an instant claim mechanism instead of the traditional snapshot method. NFT holders can claim the airdrop at any time within 88 days after the token goes live. This method effectively prevents insider trading and ensures fairness.

2. Team's lucky number

From 8,888 large penguin NFTs, to a total token supply of 88 billion, and a claim period of 88 days, the number 8 runs throughout. This number symbolizes "prosperity" in Chinese, representing flourishing and thriving.

3. Positioning of the Token

Although the official details on the token's use have not been elaborated, I believe it is more like a cultural symbol with certain Meme attributes. It represents the spirit of the Fat Penguin innovating continuously and rising against the odds over the past three years, symbolizing confidence, optimism, cuteness, and unity.

4. Reasons to choose Solana

I speculate that issuing tokens on Solana is to lower the barrier to entry and attract more potential users. In the future, the tokens will expand to multiple blockchains, including the Ethereum mainnet and Abstract Chain.

5. Valuation Issues

The external analysis of token valuation has limited reference value. The goal of the Fat Penguin has never been to become the next anyone, but to be the best version of itself. It should not be simply compared to other projects.

6. Community Allocation Ratio

25.9% of the total token supply will be allocated to the community. As a long-time community member, I firmly believe that the team will not disappoint the supporters' expectations.

7. External Community Distribution

24.12% of the tokens will be allocated to the external community, covering 5 million addresses. This may include communities that previously participated in the Fat Penguin airdrop, as well as projects that have investment relationships with Fat Penguin.

8. Special Allocation for FTT Holders

0.35% of the tokens will be allocated to FTT holders, and the original intention of this decision is to provide some solace to the victims of the FTX incident, conveying hope and optimism.

9. Long-term Development Plan

The Fat Penguin is one of the few high-quality projects that does not rely on hype to maintain its value. The new token is just the first step in future development, with more innovative plans to come, including consumer-level L2 Abstract and more.

10. Exchange Listing Prospects

Given the strong brand influence of the Fat Penguin, mainstream exchanges may consider listing its tokens. Investors just need to be patient.