Luca Netz, known as Luca Schnetzler, is the CEO of Pudgy Penguins, works at Igloo Inc as CEO, and co-invented Abstract Chain, a consumer-focused Ethereum Layer 2 blockchain. Luca Netz's Twitter Score is 843 out of 1000 (an Excellent rating) as of July 2026, ranking #51 (top 0.1%) out of 389,201 accounts tracked on this platform. He has 229,507 followers as of July 2026 and has posted 22,907 times since 2016.
Luca Netz acquired Pudgy Penguins in April 2022 for 750 ETH, approximately $2.5 million at the time, becoming CEO after community dissatisfaction with the project's prior leadership. Pudgy Penguins is a collection of 8,888 NFTs on Ethereum, originally minted in July 2021. He expanded the brand into physical products, with Pudgy Toys achieving distribution in approximately 3,100 Walmart stores across the United States.
Luca Netz established Igloo Inc in June 2023 as the parent company of Pudgy Penguins and OverpassIP, focused on building a mainstream Web3 IP and infrastructure ecosystem. Igloo Inc raised a $9 million seed round in May 2023 led by 1kx, with participation from Big Brain Holdings, Kronos Research, founders of LayerZero Labs, Old Fashion Research, and CRIT Ventures. In July 2024, Igloo Inc raised over $11 million led by Founders Fund, with additional participation from Fenbushi Capital, 1kx, Everest Ventures Group, and Selini Capital, to fund the development of Abstract Chain via a new subsidiary, Cube Labs. Animoca Brands made a strategic SAFE investment in Igloo Inc, announced November 27, 2024, including a planned integration between Abstract Chain and Animoca's Mocaverse platform.
Luca Netz co-invented Abstract Chain alongside Lorenzo Melendez and Michael Lee. Abstract is built using Matter Labs' ZK Stack and EigenDA, developed under Igloo Inc's Cube Labs subsidiary. Abstract Chain launched its public mainnet on January 27, 2025. The PENGU token launched on Solana on December 17, 2024, with an airdrop valued at approximately $1.5 billion at launch price, drawing over 783,000 claiming addresses.
Luca Netz has been mentioned by 1,405 accounts, with 4,224 total mentions across the platform.
Luca Netz's known portfolio includes Parallel, Monad, Rektguy, Endless Clouds, Wasabi Protocol, Infinex, ZAP and MyPrize.
Who follows Luca Netz on X?
Luca Netz attracts a broad base of followers across the crypto and Web3 space. The accounts that follow Luca Netz include 2,151 founders, 442 angel investors, 2,715 influencers and 54 VCs, among them Toly, Laura Shin, Ansem, jesse.base.eth, Solana and 6529.