As an experienced analyst, I believe that Igloo Inc.’s acquisition of Frame is a strategic move to advance its Abstract Chain project and pioneer a culture-driven economy on the blockchain. The addition of Cygaar and Beans’ expertise in building innovative on-chain protocols and NFT projects will undoubtedly contribute to the development of Abstract Chain and help bridge the gap between Web2 and Web3.
As a crypto investor, I’m excited to share that Igloo Inc., the mastermind behind Pudgy Penguins, has recently taken over Frame. Frame is a well-known name in the creator economy platform scene. This acquisition is significant because it brings Frame’s expertise and resources to Igloo, helping us advance our vision for Abstract Chain. Abstract Chain is an Ethereum Layer 2 blockchain project aimed at transforming consumer crypto applications with improved efficiency and accessibility.
Igloo Incorporated is bringing on board the Frame team, consisting of founders Cygaar and Beans, known for their proficiency in constructing groundbreaking on-chain procedures and NFT initiatives for the Igloo network. The goal is to utilize Frame’s skills to progress the Abstract Chain by integrating them into Igloo Inc. However, it is important to note that Frame as a distinct entity will be phased out.
I’m excited to share that we’ve successfully brought on board Frame XYZ and their talented team to strengthen our efforts in developing Abstract Chain. With this collaboration, we’ll be able to deliver the essential foundation and reach required to drive the consumer crypto revolution forward.
— Luca Netz 🐧 (@LucaNetz) June 28, 2024
Abstract Chain aims to spearhead an economy infused with culture on the blockchain. Through zero-knowledge proof, Abstract intends to magnify creators and communities, paving the way for innovative economic structures that boost engagement. This endeavor aligns with Igloo Inc.’s approach to bridge the divide between Web2 and Web3, making blockchain technology more accessible to the general public.
As the CEO of Igloo, I’m thrilled about our upcoming collaboration with Frame. With our proven track record in building onchain communities and unique cultures, and Frame’s expertise, we aim to significantly contribute to Abstract’s goal of creating the largest onchain community and driving the consumer crypto revolution. In the coming months, Igloo is committed to enhancing both the user and builder experience for Abstract.
I, as a crypto investor, am excited about the team’s initial move to contribute to the Abstract network. This innovative platform promises a secure, lightning-fast, affordable, and developer-friendly solution for building projects.
Igloo Inc.’s latest purchase of Frame is focused on developing blockchain technologies. Through Decentralized Finance’s emphasis on a communal strategy and logistics, Abstract Chain intends to revolutionize how we handle decentralized financial assets.
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2024-06-29 12:52