1980s. Brazilian television exploding in color and auditorium programs not so politically correct. In the middle of this fervor, Augusto Mendes, a young rising actor, seeks his place in the sun. From porn studios to soap operas, he finally finds success and fame when he becomes "Bingo", a TV host clown from one of the audience leader TV shows for children. It turns out that behind the rice powder and red nose, nobody knows who he is.
Loki brings the trajectory of Arnaldo Baptista from childhood, passing through the most successful phase as leader of the Mutantes, marriage to singer Rita Lee and then separation. He also goes through the depression that devastated his life after the group ended and that led him to attempt suicide, his solo career, rapprochement with his brother and member of the Mutantes, Sérgio Dias, culminating in the band's return in 2006.
