Pudgy Penguins Explores Funding for Abstract, an Ethereum Layer 2 Aimed at Enhancing NFT Scalability
2025-07-18 13:20:31
Main Idea
Pudgy Penguins is seeking funding for Abstract, an Ethereum Layer 2 blockchain, to enhance scalability and community-driven growth for NFT transactions and ecosystem development.
Key Points
1. Abstract is an Ethereum Layer 2 solution aimed at reducing congestion and high gas fees for NFT transactions.
2. Pudgy Penguins plans to customize network parameters to optimize performance specifically for NFT-related activities.
3. The project emphasizes community involvement, allowing members to contribute through node operation and ambassador programs.
4. Funding will accelerate development timelines and support the creation of a resilient Layer 2 network.
5. Abstract’s architecture maintains Ethereum’s security standards while enabling innovations like NFC-enabled Pudgy Toys.
Description
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