THE PENGUIN BEFORE THE CROWD

THEY CALLED THE COMPANYPAYWARDFIRST.

Now the Penguin is on Ink.Fifteen years in the paperwork.Same ocean. Deeper water.

Built on Ink.

Payward the Penguin mascot

THE LORE

Before Ink. Before Kraken became one of crypto's most recognized exchanges. There was Payward.

Payward is the corporate name behind Kraken — part of the story that began in 2011.

More than a decade later, the Kraken ecosystem entered a new chapter with Ink: an Ethereum Layer 2 designed to bring finance onchain.

The name stayed behind the scenes.

Until now.

Meet Payward the Penguin. A community-created character connecting Kraken's roots with the new Ink era.

OLD NAME.NEW CHAIN.SAME OCEAN.

RESEARCH BOARD // FILE 001

THE PAPER TRAIL

  1. 2011

    PAYWARD

    The company behind Kraken begins its journey.

  2. 2013

    KRAKEN

    Kraken launches publicly and begins building one of crypto's longest-running exchanges.

  3. 2024

    INK

    The team behind Kraken launches Ink, an Ethereum Layer 2 built for onchain finance.

  4. NOW

    PAYWARD RETURNS

    Not as an exchange. As a PENGUIN.

    Payward the Penguin pinned to a research board

    EXHIBIT A — THE PENGUIN

MEET PAYWARD.

He was hiding in the paperwork for 15 years.
Now he's onchain.

  • 01

    OLD SCHOOL

    Born from Kraken lore.

  • 02

    EARLY

    Filed in 2011. Onchain now.

  • 03

    UNBOTHERED

    Cold water. Colder stare.

$PAYWARD

One ticker. One penguin. No promises — just the oldest name in the room, back on a new chain.

CONTRACT ADDRESSTBA — DROPS AT LAUNCH
NETWORKINK
SUPPLYTBA
TAX0 / 0
LIQUIDITYTBA

Full details announced at launch. $PAYWARD is a meme token with no intrinsic value or expectation of financial return.

JOIN THE COLONY.

No roadmap. No promises. Just penguins, purple and a very old name.