Pudgy Penguins-linked Ethereum Layer 2 Abstract launches on mainnet

  • Article

Name

Pudgy Penguins-linked Ethereum Layer 2 Abstract launches on mainnet

Description

Abstract, an Ethereum Layer 2 chain developed by Igloo Inc., the parent company of Pudgy Penguins, has officially launched on mainnet. Built using ZKsync’s ZK stack, the blockchain combines scalability, user-friendly features like email-based wallets, and support for consumer-facing Web3 applications. Igloo raised $11 million and acquired Frame to enhance Abstract’s development.

Types

Article

Authors

Vishal Chawla

Publish date

10:01am, Monday, January 27, 2025

Publisher

The Block

Web URL

https://www.theblock.co/post/337120/pudgy-penguins-linked-ethereum-layer-2-abstract-launches-on-mainnet

Referenced by

Ethereum Layer-2 consumer-focused Abstract mainnet goes live

Crypto news

News story

Abstract has over 100 community-created apps, the project claims

Crypto news

Quote

The blockchain was developed using ZKSync’s ZK stack, which uses zero-knowledge rollups to achieve low transaction fees and high scalability for onchain apps

Crypto news

Quote