Dear Walmart Ethics and Compliance Team,
I am writing to formally request the permanent removal of Pudgy Penguins products from
Walmart.com and
@Walmart stores due to serious concerns surrounding Luca Schnetzler, also known as Luca Netz, particularly his role in Abstract Chain, which has left hundreds of thousands of users financially harmed, as well as allegations concerning his previous projects and business practices.
My concerns are based on my own experience with
@AbstractChain, as well as the publicly available information and evidence outlined below. I actively participated in its ecosystem for nearly two years, accumulated millions of XP, and estimate that I spent approximately $30,000 across the ecosystem. I have also publicly documented my personal experience with Abstract Chain in the following post:
nitter.siddz.com/silentbuilder3/status/…
Throughout this period, Luca Netz and the Abstract team made numerous statements and promises regarding XP, potential rewards, a future token, and the value users could receive for their participation. These promises encouraged users to continue investing their time, money, and effort into the ecosystem for nearly two years.
However, Abstract Chain subsequently announced its wind down without delivering on the promises made to its community. Users who had dedicated substantial time, effort, and money to the ecosystem were left without the promised token rewards or meaningful compensation for their accumulated XP. In my view, this represents a serious failure to honor the expectations created by the project's own communications and has left many community members feeling betrayed and financially harmed.
I want to emphasize that this is not simply a matter of an unsuccessful project. People spent nearly two years contributing to an ecosystem based on repeated statements and expectations that were never fulfilled. Their financial investments, time, and efforts were effectively left unrewarded.
I also urge Walmart to review the following publicly available materials concerning Luca Netz and his previous activities:
1.
@NFTherder's Research: "LUCA NETZ: FROM RUG PULLS TO RICHES"
This investigation raises serious questions and allegations regarding
@LucaNetz's previous NFT projects, claims associated with those projects, wallet transfers, and the source of funds reportedly used in connection with the Pudgy Penguins acquisition:
nitter.siddz.com/NFTshepard/status/1710…
2.
@horlomite's X Post
This post by Horlomite provides additional information and raises further questions concerning Luca Netz and his previous activities. I encourage Walmart to review it as part of its independent assessment:
nitter.siddz.com/horlomite/status/17104…
3. Marketing Course Training Footage
Training footage reportedly associated with a marketing course sold by Luca Netz is featured in a video published on my own X account. The footage discusses marketing strategies involving charitable appeals, luxury positioning, and purchased social media engagement. I believe this material warrants further examination, and I encourage Walmart's Ethics and Compliance Team to review the video and independently assess its contents:
nitter.siddz.com/silentbuilder3/status/…
4.
@Nexus_Epoch's Video Summarizing Evidence
X user
@Nexus_Epoch has prepared and published a video containing summaries of some of the evidence and allegations surrounding these matters. I strongly encourage Walmart's Ethics and Compliance Team to review this material:
nitter.siddz.com/Nexus_Epoch/status/211…
I understand that allegations and publicly available materials should be independently evaluated and that they do not, by themselves, constitute legal findings. However, the volume and seriousness of these concerns deserve attention, particularly from a major retailer such as Walmart.
I do not believe a company with Walmart's reputation should continue providing a retail platform for products associated with an individual facing such serious questions about his business practices and the treatment of his communities.
I therefore urge Walmart to:
1. Conduct an independent review of the concerns and publicly available evidence regarding Luca Netz and his associated projects.
2. Reconsider its business relationship with Pudgy Penguins.
3. Permanently remove
@pudgypenguins products from
Walmart.com and its physical stores.
Relevant Links:
My Personal Experience with Abstract Chain:
nitter.siddz.com/silentbuilder3/status/…
NFTherder's Research: "LUCA NETZ: FROM RUG PULLS TO RICHES":
nitter.siddz.com/NFTshepard/status/1710…
Horlomite's X Post:
nitter.siddz.com/horlomite/status/17104…
Marketing Course Training Footage, Video Published by Me:
nitter.siddz.com/silentbuilder3/status/…
Nexus_Epoch's Video Summarizing Evidence:
nitter.siddz.com/Nexus_Epoch/status/211…
Walmart's Pudgy Penguins Product Listings:
walmart.com/browse/pudgy-pen…
I respectfully request that Walmart take these concerns seriously, investigate the matter, and provide a written response confirming receipt of this complaint and explaining whether the company intends to take action regarding these products.
Thank you for your time and consideration.