Igloo Inc’s Pudgy Penguins has acquired Frame, integrating its team and technology to contribute to the development of AbstractChain. According to CEO Luca Netz, the acquisition is part of Pudgy Penguins’ strategy to improve infrastructure and distribution within the crypto space, focusing on enhancing the consumer crypto revolution.

According to Netz, existing L2 solutions have emphasized technological advancements over cultural expansion, a gap that Abstractchain aims to fill by fostering community, culture, and distribution. The acquisition addresses challenges faced by current L2 solutions, which are deemed insufficient for the consumer crypto revolution.

Pudgy Penguins plans to work closely with key figures from Frame to build the largest onchain community, facilitating a more user-centric crypto ecosystem. Frame stated that Abstractchain will leverage advanced cryptographic techniques and technologies, such as the ZK stack and Eigenda, to provide a secure, fast, and cost-effective platform for developers and users alike.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。