
technology·12d ago
Pudgy Penguins parent Igloo to shut down Abstract after losses
Igloo CEO Luca Netz said the company funded the Abstract blockchain for 18 months without finding product-market fit, with losses reaching tens of millions.
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Igloo CEO Luca Netz said the company funded the Abstract blockchain for 18 months without finding product-market fit, with losses reaching tens of millions.