The Next Generation Of Consumer Crypto With Luca Netz

Luca Netz is the CEO of Pudgy Penguins and Igloo - who are building Abstract, a new layer 2 blockchain leading the next generation of consumer crypto. We all know Pudgy Penguins well: Pudgy Penguins is the most successful web3 IP to date: it is the most viral IP online with more than 40b views on Giphy; it is one of the most collectible NFTs as a loyal web3 collector base catapulted the NFTs to more than a $100,000 floor price earlier this year; and has paired this web3 success with web2 and IRL success via partnerships with Walmart, Target and PEZ - amongst many others. On the Abstract side, backers from Peter Thiel’s Founders Fund said Abstract is well positioned to onboard the masses to crypto because “Pudgy Penguins has the best 0 to 1 distribution edge we’ve ever seen in the crypto space” In this conversation today we will focus in on Abstract, its vision and how Luca is building out for the next generation of consumer crypto.

Make Ethereum Great Again

Bing is the co-founder of MegaETH, who are building the first realtime blockchain on Ethereum which seeks to achieve 100,000 transactions per second with <10ms blocktimes. MegaETH announced their seed round in June of last year, where they raised $20M led by Dragonfly Capital with some very prominent angels like Vitalik, Joseph Lubin, Sreeram and Cobie. They also just recently sold out a $10M community round on Echo in seconds. Bing is also an advisor to Consensys + the founder of Hotpot DAO. In this conversation we discussed Bing’s history and journey towards MegaETH; the MegaETH story + product and why its vision is so important for Ethereum.