Loading...
Market
AbstractChain valuation at end of 2024
5
Resolution / Starting Odds
Under $1 billion • 25%
$1 billion - $5 billion • 25%
$5 billion - $10 billion • 25%
Over $10 billion • 25%
Public financial reports from Igloo Inc or major financial news outlets
Story
Pudgy Penguins Launches AbstractChain, Aiming for $5B-$10B Valuation
Jun 28, 2024, 09:00 PM
Pudgy Penguins, under the parent company Igloo Inc, has announced the launch of AbstractChain, a zk L2 blockchain aimed at revolutionizing consumer crypto. The initiative includes the acquisition of the Frame team, which will contribute to building AbstractChain, also referred to as Pudgy Chain. This new blockchain will focus on enhancing the consumer experience and integrating cultural and community elements along with advanced technology. Frame's Palette Protocol, a native liquidity and royalties system, will be melded into AbstractChain. The rebranded PengPals, formerly known as PengChain, will be a gamified L3 built on top of AbstractChain, adding more value to the ecosystem. The project is expected to significantly boost the Pudgy Penguins ecosystem, potentially reaching a valuation of $5 billion to $10 billion.
View original story
Similar markets
Less than $5 billion • 33%
$5 billion to $7.5 billion • 33%
More than $7.5 billion • 33%
Below $8 billion • 25%
$8 billion to $10 billion • 25%
$10 billion to $12 billion • 25%
Above $12 billion • 25%
Above $100,000 • 25%
$80,000 to $100,000 • 25%
$60,000 to $80,000 • 25%
Below $60,000 • 25%
Below $50,000 • 25%
$50,000 - $75,000 • 25%
$75,001 - $100,000 • 25%
Above $100,000 • 25%
Less than $15 billion • 25%
$15 billion to $20 billion • 25%
$20 billion to $25 billion • 25%
More than $25 billion • 25%
Gain > 20% • 33%
Gain between 0% and 20% • 33%
Loss • 33%
Less than $10 billion • 25%
$10 billion to $20 billion • 25%
$20 billion to $30 billion • 25%
More than $30 billion • 25%
Below $50,000 • 25%
$50,000 - $60,000 • 25%
$60,001 - $70,000 • 25%
Above $70,000 • 25%
Below $30,000 • 25%
$30,000 - $35,000 • 25%
$35,001 - $40,000 • 25%
Above $40,000 • 25%
Tether • 25%
USD Coin • 25%
Binance USD • 25%
Other • 25%
Less than $1 billion • 25%
$1 billion to $2 billion • 25%
$2 billion to $3 billion • 25%
More than $3 billion • 25%
Bored Apes • 25%
Azuki • 25%
Both • 25%
Neither • 25%