This report explores how Abstract, a Layer 2 blockchain developed by the team behind Pudgy Penguins, tackles longstanding challenges in consumer crypto adoption and why it is uniquely positioned to succeed. Abstract introduces a highly differentiated approach to blockchain ecosystems by unifying the end-user experience through a singular front-end while pairing it with infrastructure that simplifies onchain complexities and a governance model that fosters sustained network demand. We delve into four key differentiating factors that position Abstract to accelerate adoption and cultivate strong network effects. Additionally, the report highlights the paradigm shift Abstract introduces to blockchain business models, showcasing its potential to redefine the industry.
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