If you have an active Blend loan tied to Pudgy Penguins or Lil Pudgys, send me a DM and we'll connect you with Gondi or walk you through the transition. Gondi has led NFTFi innovation for years and we’re glad to work with them to help the Huddle transition from Blend.

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.

Pengu is now live at Kung Fu Tea nationwide, bringing Pudgy Penguins into the beverage category. With Pudgy-branded drinks and exclusive products, we're making Pudgy Penguins part of everyday life for a whole new audience. More info below.

Idk why people use the 150 ETH top as a diss for BAYC That’s one of the most insane achievements in NFT history, and a ceiling that’s meant to be broken when the time is right Do they think apes minted for 150 ETH or wut

The next run for NFTs will be led mostly by people with fewer than 10k followers today. People building their own conviction, who understand the core ideas of digital ownership, identity, and community, and can translate them into something that feels native to the next generation of the internet. The space currently overweights the takes of legacy NFT influencers who built their audiences in 2021 and now spend their time declaring everything dead. The next wave of builders and cultural leaders in NFTs probably aren’t the loudest people on your timeline today. That’s where the next inflection point comes from, and why the opportunity is so large.

Two years ago, I sold 1 $BTC to buy my first @pudgypenguins Since then, I’ve become a firm believer in @LucaNetz vision and moved my entire bag into the @IglooInc ecosystem 🐧✳️ Pudgies at 3 $ETH? My conviction hasn’t changed. I’m buying more Welcome to the huddle, buddy 🐧💚