You can also read about it hereConsumer-focused Ethereum layer-2 Igloo Inc.’s Pudgy Penguins mainnet has now been made live.
The company Raise $11 Million In June 2024, the company aims to bring billions of users onto the blockchain and become the leader in consumer-oriented crypto apps and products.
“For too long, the industry has prioritized technology over user experience, creating barriers to mainstream adoption,” Luca Netz is the owner and co-founder at Pudgy Penguins. He also added that “it’s a shift in how everyday users—and not just crypto natives—experience blockchain.”
Abstract Mainnet has now gone live.
Enter a new era of consumer crypto at https://t.co/48gTviHsmX pic.twitter.com/yZPY1nxl2g
— Abstract (@AbstractChain) January 27, 2025
In order to appeal to more people, Netz has removed the onboarding barriers that intimidate new users. Its native sprachzeug Beispielsweise, Abstract Global Card Users will be able to join the chain using an email address without having to enter a recovery phrase.
“We've spent the past year reimagining what it means to create crypto experiences that put consumers first. What we're unveiling today reflects those efforts—a first-of-its-kind consumer terminal, a frictionless wallet with limitless capabilities, and a chain powering dozens of consumer-friendly crypto applications,” Abstract CTO and pseudonymous Abstract Developer, Cygaar.
Expected to Have around 120 projects Live on Mainnet Day One, from Infrastructure to NFTs to meme coins. More than 350 Projects and Applications will Launch Throughout the Year, according to An Interview Phin, the pseudonymous market leader.
Users can get started by visiting abs.xyz and creating a global wallet. They can then add funds to the account using MoonPay, Coinbase or bridging another blockchain.
Users participating on the mainnet will have the opportunity to earn XP—the network’s native reward system that can be likened to credit card rewards points or video game point accruals.
Users can earn XP by using the apps on the network and participating in projects. “level up” Unlock rewards to unlock more.
Abstract’s mainnet launched is powered using ZKSync ZKStack technology. zero-knowledge Cryptography to ensure fast, safe, and scalable transaction. Abstract is a scaling network for Ethereum, just like Base or Arbitrum. Abstract offers faster and cheaper transaction speeds than Ethereum’s mainnet.
Andrew Hayward is the editor
