Pudgy Penguins Acquires Web3 Builder Platform Frame

Bittime - Igloo Inc. acquired the Web3 Frame platform to power Pudgy Penguins with the development of Abstract Chain, supporting the cultural economy and on-chain community in the Web3 ecosystem.

Pudgy Penguins Acquires Web3 Builder Platform Frame

According to Deep Trend TechFlow news, this acquisition is part of Igloo Inc's plans. to start a new era of cultural economy powered by blockchain technology. By integrating Frame into its ecosystem, they hope to empower builders, build effective distribution channels, and launch innovative economic mechanisms.

Pudgy Penguins Abstract Chain Development

Abstract Chain Development is one of the main objectives of this acquisition. Abstract Chain is a Layer 2 network intended to support and enrich on-chain culture and communities as well as provide the infrastructure necessary to support a rapidly growing cultural economy. Additionally, the network will provide new opportunities for builders and creators to participate and contribute to a dynamic and inclusive ecosystem.

Impact on the Web3 Ecosystem

Acquisition of Frame by Igloo Inc. is very important for Pudgy Penguins and the entire Web3 ecosystem. This step shows Igloo Inc's commitment. to improve blockchain technology and create a more sustainable and inclusive ecosystem. Abstract Chain hopes to bring a more equitable and sustainable cultural economy into a new era by helping builders and creators.

Conclusion

Igloo Inc. bought Frame, a Web3 authoring platform, which is a key part of Pudgy Penguins' plan to build a new cultural economy powered by blockchain technology. As a Layer 2 network, the development of Abstract Chain demonstrates a commitment to enriching on-chain culture and communities and providing the infrastructure necessary to support a dynamic cultural economy.

This process will not only enhance the capabilities of builders and creators in the Web3 ecosystem, but also has the potential to create a more equitable, inclusive and sustainable ecosystem. With this integration, Pudgy Penguins and the entire Web3 ecosystem are poised to enter an innovative and sustainable new era where blockchain technology will play a critical role in creating economic and cultural opportunities.

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