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Stories tagged #PudgyPenguins

Every Zipp story tagged #PudgyPenguins, newest first.

Abstract to Shut Down Dec. 15 After Losing Tens of Millions

1h ago

Abstract to Shut Down Dec. 15 After Losing Tens of Millions

Igloo is shifting resources to Pudgy Penguins and its related projects after two years of funding Abstract without finding product-market fit or profitability.

Abstract to Shut Down Ethereum Layer 2 After Millions in Losses

1h ago

Abstract to Shut Down Ethereum Layer 2 After Millions in Losses

The closure highlights the difficulty of sustaining consumer-focused chains, while users face a firm deadline to move assets and Igloo shifts funding back to Pudgy Penguins.