NEWSLETTER
In the construction of scathing penguins, Igloo Inc. has turned a failure into one of the world's largest nft collections. With vigilant eyes locked in each of their movements, they now seek to build a block chain prepared for the mainstream. That blockchain is the Abstract chain.
Abstract is an ethereum ethereum block chain centered on the consumer. <a target="_blank" href="https://x.com/LucaNetz” target=”_blank” rel=”noopener”>Luca NetworkCEO of Pudgy Penguins, states that “the dynamics of how users interact with blockchain technology and easily merge real and digital worlds.”
After his debut in January 2025, the community reactions were mixed, but the team behind him remained compromised. They have continued to build, with applications, tools and services that reach a fast pace. Why is it so remarkable abstract, how is different things doing and what could we see in your future?
Here is our complete guide for the <a target="_blank" href="https://x.com/AbstractChain” target=”_blank” rel=”noopener”>Abstract chain.
Key ideas
- A consumer -centered ethereum layer 2 block block chain
- Created by Igloo Inc., Owners of Pudgy Penguins
- Announced in June 2024, debuted in January 2025
- He saw a great exaggeration prior to liberation, but a mixed launch
- Its objective is to provide “users, liquidity and community to builders and brands”
What is the abstract chain?
Summary is an ethereum Layer-2 block chain, developed by Igloo Inc. which was launched in January 2025.
The abstract chain is the new inaugural project of the Igloo Inc. company is to create “the cryptographic chain of the dominant consumer”, where the “construction and community construction and dedicated builder and brand support” are fundamental for how the chain is built, develops and maintained.
Summary use zero knowledge technology of <a target="_blank" href="https://x.com/zksync” target=”_blank” rel=”noopener”>Zksync and <a target="_blank" href="https://x.com/eigen_da” target=”_blank” rel=”noopener”>Owner Make this consumer -centered approach come true. As ethereum L2, the summary also inherits the well -known security, reliability and decentralization of ethereum.
The abstract chain will be driven in the future by a native token, although the details about this token, including the ticket, have not yet been revealed. Since its main launch, summary has presented its abstract XP system. This rewards users with XP points for using abstract applications, making abstract transactions and being active in the abstract ecosystem. These XP points are expected to translate into an assignment of the future native token of abstract.
Much of the popularity of summary so far is due to its relationship with the grocers. This nft collection, and its CEO Luca Netz, have promoted much of the emotion around the abstracts to date, and as an abstract it will be home to future experiences of required penguins, such as its TCG vibrations, the chain will be a central part of the long -term colgen penguin ecosystem.
A set of popular applications, tools and services already admits abstract. This includes nft markets such as Magic Eden, exchanges such as UNISWAP and services such as <a target="_blank" href="https://x.com/SeedifyFund” target=”_blank” rel=”noopener”>Sow. Notable games and nft collections in abstract include <a target="_blank" href="https://x.com/the77bit” target=”_blank” rel=”noopener”>Of 77 bits, <a target="_blank" href="https://x.com/onchainheroes” target=”_blank” rel=”noopener”>Ochain heroesand <a target="_blank" href="https://x.com/Abstract_Pepes” target=”_blank” rel=”noopener”>Abstract pepes.
How does the abstract chain work?
Summary puts the consumer experience in the first place, with architectural and design decisions taken with what the user will experience as the main driving force.
The notable aspects of the summary include:
- User experience. The tools, characteristics and abstract design are optimized for mass simplicity and adoption.
- Community Etos. The culture is in the heart of the abstract, and the team indicates its objective of “highlighting the vital role that a strong community and cultural relevance can play.”
- Discovery. The healing and discovery of the abstract application is first level, ensuring that users have access to a complete set of applications, tools and services.
- EVM compatibility. Summary adopts ethereum's safety, reliability and infrastructure, and drives it with zero knowledge technology.
The abstract chain also seeks to attract builders with a variety of custom tools and services. This includes the abstract builder incubator, a program where the main products can obtain direct support from the abstract equipment.
With an approach to building “the cryptographic chain of dominant consumption”, the summary wants to provide the best possible platform for top -level builders. By giving these equipment the tools, support and infrastructure they need, summary hopes to become the home of the next generation of powerful web application.
The history of the abstract chain
The summary was officially announced when Igloo <a target="_blank" href="https://x.com/Abstract_Eco/status/1806790432724254846″ target=”_blank” rel=”noopener”>Acquired frame In June 2024. This movement saw the development in the block chain to come to an end, with its talented team by joining Cube Labs and Pudgy Penguins to build an abstract chain.
As 2024 progressed, the anticipation of the summary grew to a high point. The influencers changed their Avatar funds to Signature Green from Abstract. The popular games, such as Chronoforge, announced that they would migrate to the abstract. Applications, tools and popular services announced that they would admit abstract in the launch, such as Magic Eden.
Hype grew more after the launch of $ Pechegm, the Official Publishing Public File, in December 2024, as many saw abstract as the plump block chain.
Summary held his <a target="_blank" href="https://x.com/AbstractChain/status/1883939915169423777″ target=”_blank” rel=”noopener”>Mainnet launch On January 27, 2025, but the debut saw mixed results.
Many users had central concerns, such as the lack of contractual security scanners, failed RPCs and unexpected ethereum gas rates. Some even stated that popular retransmission tools did not work abstract, which led to lost funds, with a user who indicates that summary <a target="_blank" href="https://x.com/CharcoOnchain/status/1883957481321205915″ target=”_blank” rel=”noopener”>”I wasn't ready to be released.”
Despite these setbacks, the summary debut resulted in some clear improvements for web3 users, particularly on mobile devices. The abstract application attracted praise due to its simplified mobile experience, where in many cases, users can complete the transactions without changing between applications.
The launch of Mainnet of summary also introduced the abstract XP system. When getting involved with the abstract chain, users collect flags and XP. These are expected to translate into an assignment of the future Token of the abstract ecosystem.
Users can gain abstract XP in many different ways:
- Create your abstract profile
- Exchange $ eth for $ Pengu in summary
- Voting DAPPS in summary
- Play <a target="_blank" href="https://x.com/multiplierfun” target=”_blank” rel=”noopener”>Multiplier In abstract
- Perform “organic interactions” in abstract
Users can obtain additional amounts of abstract XP if they:
- It has an abstract nft partner (Pudgy Penguins, Doodles, Azuki and more)
- Keep $ Pechegm in your abstract wallet
- Become an abstract creator
- Host live abstract summary
For each point of XP won, users will receive the assignment of the future abstract token, which will arrive later in 2025.
After the launch of the summary, the first abstract nft collections began their mints. Two of the most anticipated nft collections were <a target="_blank" href="https://x.com/bearish_af” target=”_blank” rel=”noopener”>Bearish and <a target="_blank" href="https://x.com/PixeladyMaker” target=”_blank” rel=”noopener”>Pixel manufacturer – But both saw their floor price below their mint price, <a target="_blank" href="https://x.com/0itsali0/status/1888226235211223343″ target=”_blank” rel=”noopener”>Creating frustration Among abstract supporters.
In the following weeks and months, many additional applications, tools and services arrived in abstract. This includes the tastes of <a target="_blank" href="https://x.com/RoachRacingClub” target=”_blank” rel=”noopener”>Roach Racing Club, <a target="_blank" href="https://x.com/buzzdotfun” target=”_blank” rel=”noopener”>BUZZ, <a target="_blank" href="https://x.com/TopHat_One” target=”_blank” rel=”noopener”>Cup hat, <a target="_blank" href="https://x.com/kabuxyz” target=”_blank” rel=”noopener”>Sewing and <a target="_blank" href="https://x.com/finalbosuX” target=”_blank” rel=”noopener”>Endless.
What follows for the abstract chain?
Thought Summary saw a mixed launch of Mainnet, your team has continued to build. The last weeks and months have seen regular updates, improvements and new features, many directly informed of user comments.
Members of the abstract team, such as <a target="_blank" href="https://x.com/0xCygaar/status/1887910676435275789″ target=”_blank” rel=”noopener”>@ 0xcygarPublish regularly in x to inform the community of your latest developments. This has increased the abstract image and has kept the committed and hopeful community.
Although the interest in the summary has decreased since its historical debut, the web community still has great expectations. With P
As more applications, tools, services are directed to the summary, not to mention a growing list of nft games and collections that are building a strong ecosystem for the chain, this block chain of ethereum layer 2 could have a great future ahead.
(Tagstotranslate) abstract
