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web3 is going just great @web3isgoinggreat.com · 16/06/2026

Pudgy Penguins shuts down Pudgy Party NFT game after losing millions in less than ten months June 15, 2026 www.web3isgoinggreat.com/?id=pudgy-…

Although Pudgy Penguins CEO Lucas Netz boasted on Twitter in December about "1M+ downloads today. 10M+ downloads soon." he later admitted interest in the game had quickly died off. In a community call to announce the game's shutdown, Netz acknowledged that within months of the launch, there were only 200–300 active players. The project had lost the company millions of dollars, he confessed.

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Michael Hickman @phoenixultima.bsky.social · 16/06/2026

If you ever find yourself writing a sentence like "we're going to use Pudgy Party as the glue between Web3 and Web2" it's a clear sign you fucked up somewhere down the line.

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