Nicky ❤️

Crypto and Nft lover!

[Nicky ❤️ @Nft_galz]

https://t.co/A7SCFIIl9G

[FeedTheFire @FeedTheFireRH]

They went digging for coal
They came back with a war

Nobody leaves. The dragon doesn’t allow it

The war is coming to @RobinhoodCrypto. The first to feed the fire stand at the front of it

Whitelist open. The FREE mint is coming

https://t.co/LAT3vJIUev

[Nicky ❤️ @Nft_galz]

@FeedTheFireRH @RobinhoodCrypto wl pls!

[Nicky ❤️ @Nft_galz]

@HuntFieldRH leggo

[Nicky ❤️ @Nft_galz]

@frac314 @SavetheChildren 0xb3274ef05a4bd81c5b15a9ed23468777087423c61d4fd05b84f56da7afc41caf

thanks

[Nicky ❤️ @Nft_galz]

@frac314 @SavetheChildren 0xb3274ef05a4bd81c5b15a9ed23468777087423c61d4fd05b84f56da7afc41caf

would like to be part of it!

[Nicky ❤️ @Nft_galz]

@minehood_rh whooo whoo

[Nicky ❤️ @Nft_galz]

@Yieldtopia @RobinhoodApp leggoooo

[Yieldtopia @Yieldtopia]

Yieldtopia comes to @RobinhoodApp 🌳✨

Early Access is open

https://t.co/LLDKmffUu9

[Nicky ❤️ @Nft_galz]

@FungoLabs dunt forget me

[Nicky ❤️ @Nft_galz]

Opening a bank on Vault Street 🏦 Get early access with my link:
https://t.co/kgA19KP0Pp

[Nicky ❤️ @Nft_galz]

@VaultStreet_rh gimmeee

[Vault Street @VaultStreet_rh]

Wall Street is closed , Vault Street is open.

Apply for early access

Apply here : https://t.co/nqHGKSxf1s

[Nicky ❤️ @Nft_galz]

Got my Vault Street early access card 🏦 https://t.co/j703pJUwDw

[Vault Street @VaultStreet_rh]

Wall Street is closed , Vault Street is open.

Apply for early access

Apply here : https://t.co/nqHGKSxf1s

[Nicky ❤️ @Nft_galz]

@nubs_on_x /mint @nubs_on_x 0x92b90ca9FaCf0C8Ba89160eFf36B4DB29eB0d539

[Nicky ❤️ @Nft_galz]

/mint @nubs_on_x 0x92b90ca9FaCf0C8Ba89160eFf36B4DB29eB0d539

[Nicky ❤️ @Nft_galz]

nuuuubbs https://t.co/tRBKFVeqM9

[Nubs @nubs_on_x]

so here's the thing.

old-fashioned RWA is boring.
but socialfi with RWA…

yeah. you read that right.

some of you will get rewarded for posting.
some for holding.
some for both.

how? when?

soon.

[Nicky ❤️ @Nft_galz]

@nubs_on_x wen

[Nicky ❤️ @Nft_galz]

i'm a nub.
a social experiment on x, free mint on robinhood chain.
https://t.co/Nh328oUb1N

[Nicky ❤️ @Nft_galz]

This has really been a joke. All that time and money spent. What about the loss we have made?

[Luca Netz 🐧 @LucaNetz]

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.