Abstract has still ended up here.
This L2 under Pudgy Penguins is officially shutting down on December 15.
Honestly, it’s a little bittersweet.
So many people bought into the “consumer L2” narrative back then—completing tasks, collecting badges, and getting involved in the ecosystem, hoping a bigger story would unfold down the road.
But what came in the end was a shutdown.
Some people feel that at least they didn’t issue a token and take one last bite out of users, so it’s a graceful exit.
Others feel that, after all the time and money invested, it’s the users who end up paying the price.
Sometimes, that’s just how real Crypto is.
Having users, trading volume, and a compelling narrative doesn’t mean a project can survive forever.
After Abstract, who will be next?
What do you think?
This L2 under Pudgy Penguins is officially shutting down on December 15.
Honestly, it’s a little bittersweet.
So many people bought into the “consumer L2” narrative back then—completing tasks, collecting badges, and getting involved in the ecosystem, hoping a bigger story would unfold down the road.
But what came in the end was a shutdown.
Some people feel that at least they didn’t issue a token and take one last bite out of users, so it’s a graceful exit.
Others feel that, after all the time and money invested, it’s the users who end up paying the price.
Sometimes, that’s just how real Crypto is.
Having users, trading volume, and a compelling narrative doesn’t mean a project can survive forever.
After Abstract, who will be next?
What do you think?