Abstract Chain: Creating a Blockchain Ecosystem for Mainstream Users

Abstract Chain will be launched in January 2025 and is a blockchain focused on promoting the popularization of cryptocurrency technology. It provides a smooth user experience through native account abstraction technology and rapidly expands with the fan base of Pudgy Penguins IP.

The growth strategy of Abstract revolves around building a digital entertainment platform, which includes its own portal platform, live streaming and reward systems, as well as attracting developers to join the ecosystem. As of May 2025, the platform has attracted nearly 2 million registered users, with approximately 100,000 daily active users and about 700,000 daily on-chain transactions, demonstrating a very high level of activity.

User Guide

Abstract reduces the barrier to entry by simplifying the onboarding process. Users can create accounts and enable wallets just like registering on a regular website, without the need to manage private keys or sign frequently. The on-chain uses zk-rollup technology to ensure extremely low gas fees.

The fan base of Pudgy Penguins provided the initial user base for Abstract. Pudgy has over 3 million followers on social media and more than 500,000 PENGU token holders. These users mainly come from developed markets, laying the foundation for building a high-quality consumer ecosystem.

Portal Platform

The Abstract portal platform, Portal, is referred to as "Digital Paradise" and serves as the core interface for users to discover applications, manage assets, and rewards. As of March 2025, Portal has over 600,000 monthly active users, 100,000 daily active users, and an average daily stay time of over 7 minutes.

The live streaming feature is a major highlight of Portal. Abstract has launched the "watch and earn" model, encouraging users to participate in interactions. As of the end of April, Portal has accumulated over a thousand streamers, with a total live viewing time exceeding 500,000 hours. Some top streamers earn monthly incomes of 4,000 to 5,000 dollars.

Portal also has a comprehensive rewards and reputation system. Users can earn XP points through various actions and complete tasks to obtain badge NFTs. This system is expected to expand across the entire Abstract ecosystem, forming a loyalty framework that covers the whole platform.

Application Ecosystem

Abstract is dedicated to attracting Web3 projects and mainstream institutions to develop consumer applications. The platform is fully compatible with EVM and supports the migration of Ethereum smart contracts. Currently, more than 120 projects have been deployed, covering multiple fields such as gaming, social, and trading.

Abstract is also actively collaborating with consumer-facing institutions, such as sports brands, to migrate their Web3 products onto the blockchain. For example, the Oracle Red Bull Racing team has launched a fan interaction project with Abstract, introducing digital ownership and interactive experiences aimed at younger audiences.

Initial Chain Performance

By May 2025, Abstract has created nearly 2 million wallets, deployed 1.4 million contracts, and the total value secured on the Blockchain has reached 53.4 million USD. The daily transaction volume remains stable at around 500,000 transactions, with a cumulative total of 60 million transactions on the Blockchain.

Compared to other chains, Abstract's growth within 3 months after the mainnet launch has surpassed ZKsync Era, with the number of active addresses and transaction volume nearing TON. In the future, Abstract will continue to focus on consumer adoption, striving to take a leading position in the on-chain consumption market.