The truth behind what happened with Adam's "117" Pudgies floor sweep

Abstract is winding down. Starting today, all of @IglooInc's focus will go towards taking Pudgy Penguins, Pudgy NFTs, and $PENGU to the next level. When we acquired Frame in the summer of 2024, the vision was to build the blockchain for consumer crypto. Pudgy Penguins had shown us what it meant to reach the masses, and we believed we could bring that same approach to building a chain. Abstract achieved a lot in a short period of time; we built the Portal and AGW, onboarded major global brands, amassed over 300 million transactions, and grew a vibrant onchain ecosystem.  The journey became stifled by the lack of a DeFi ecosystem, insufficient liquidity, minimal institutional cross-over, and prohibitively high costs that impeded growth in winning areas. Unknown to most, Igloo, Inc. had been funding Abstract over the last 18 months. After losing tens of millions of dollars over two years, building consumer products, assembling an all-star team, onboarding some of the biggest brands in the world, and building a community of millions, we still had not found product-market fit. In combination with the market's reduced appetite for what we had built and not being able to find a scalable path forward, we could no longer justify taking from the Pudgy Penguins business. Igloo, Inc. has always been a community-first company. Even after losing 8 figures, we could have launched a token or pursued an ICO. Ultimately we decided against this. A token only works if there is something driving demand to it, and launching a token that we don’t have conviction in would have been a disservice to our community. The entire team at Abstract has worked tirelessly with a tremendous amount of passion to make the consumer crypto vision come true. I cannot fault a single one of them for this outcome. To the Abstract community, I want to thank all of you for sticking by our side on this long journey and for continuing to champion us. You supported us through all of the ups and downs, and I wish the result could have been different. There will be many that will find satisfaction in seeing this shut down, and that is fine. I take a great amount of pride in having the ambition to venture into the chain business, notoriously one of the most difficult to make work, and the only regret I have is not being able to celebrate a win alongside the Abstract community. As we wind down Abstract, our full focus shifts to making Pudgy Penguins into the global & cultural phenomenon I know it can become.  Return to Pudgy Penguins.

爆火的“中国人能飞”不只是玩梗。 从飞天神话到逐梦长空，从跨越群山到奔赴远方。 向上探索的热爱，一直都在。 前往 Ave.ai 查看相关叙事

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Hey Conflux fam 👋 Coming to Seoul for #KBW2026? Join us on September 29 for Korean BBQ and a casual evening with the Conflux community in Korea. luma.com/x86j8hv5 We’ll get together to talk about Conflux, Web3 in Korea, share ideas, meet new people, and of course enjoy some good food. We’d also love to meet anyone interested in getting more involved with Conflux in Korea or becoming a CFX Community Ambassador. If you have ideas for local events, content, partnerships, or ways to grow the community, come tell us about them!

your face is not finished. hold it and it earns parts no minted face can have. 80 of them, across all eight slots, on five rungs: 7 days, 15, 30, 60, 90. 7 days it is manufactured. 30 it is on fire. 90 it is gold and it has stopped being a person. none of it is for sale. the only way to get there is to still be holding. zaddr.studio/upgrade

🪲 UnVault UnVaulting?! Partners keep signing. Bugz are warming up in the wings. “Soon” has frankly gotten out of hand. So, what will happen will UnVault starts a UnVaulting?! Find out soonerererer! nitter.cf/i/spaces/1qGoNYLkaekKv

They still think I had no whitelist to mint and exposed them just because of that. I did my research the moment I did want to mint because their art was sketchy, untill I found out that they are the same ruggers behind that. @zaddrnet just say you're @the1969ETH It's already too late, all the ways lead to Rome.