A Complete Guide to Abstract Chain: The Pudgy Penguins L2

In constructing Pudgy Penguins, Igloo Inc. have turned a dud into one of many world’s greatest NFT collections. With watchful eyes locked on their each transfer, they’re now seeking to construct a mainstream-ready blockchain. That blockchain is the Summary Chain.

Abstract is a consumer-focused Ethereum Layer-2 blockchain. Luca Netz, CEO of Pudgy Penguins, states that it’ll “change the dynamic of how customers work together with blockchain expertise and simply merge each the true and digital worlds.”

Upon its debut in January 2025, neighborhood reactions had been combined – however the crew behind it stayed dedicated. They’ve continued to construct, with apps, instruments and providers arriving at a fast tempo. Why is Summary so notable, how is it doing issues completely different, and what may we see in its future?

Right here’s our full information to the Abstract Chain.

Key Insights

• A consumer-focused Ethereum Layer-2 blockchain
• Created by Igloo Inc., house owners of Pudgy Penguins
• Introduced in June 2024, debuted in January 2025
• Noticed enormous pre-release hype, however a combined launch
• Goals to produce “customers, liquidity, and neighborhood to builders and types”

What’s Summary Chain?

Summary is an Ethereum Layer-2 blockchain, developed by Igloo Inc. which launched in January 2025.

The Summary Chain is the inaugural new undertaking from the Igloo Inc. firm. Its goal is to create “the dominant client crypto chain”, the place “tradition & neighborhood constructing and devoted builder & model assist” are central to how the chain is constructed, developed and maintained.

Summary utilises zero-knowledge expertise from zkSync and EigenDA to make this consumer-focused method a actuality. As an Ethereum L2, Summary additionally inherits Ethereum‘s well-known safety, reliability and decentralisation.

The Summary Chain can be powered in future by a local token – although particulars on this token, together with the ticker, have but to be revealed. Since its mainnet launch, Summary has featured its Summary XP system. This rewards customers with XP factors for utilizing Summary apps, doing Summary transactions, and being lively within the Summary ecosystem. These XP factors are anticipated to translate into an allocation of Summary’s future native token.

A lot of Summary’s recognition thus far is because of its relationship to Pudgy Penguins. This NFT assortment, and its CEO Luca Netz, have pushed a lot of the thrill round Summary thus far – and as Summary would be the dwelling of future Pudgy Penguins experiences, reminiscent of their Vibes TCG, the chain can be a core occasion of the Pudgy Penguins ecosystem long-term.

A collection of common apps, instruments and providers already assist Summary. This contains NFT marketplaces reminiscent of Magic Eden, exchanges reminiscent of Uniswap, and providers reminiscent of Seedify. Notable video games and NFT collections on Summary embrace 77-Bit, Onchain Heroes, and Abstract Pepes.

How does Summary Chain work?

Summary places the buyer expertise at the start, with architectural and design selections made with what the consumer will expertise as the first driving drive.

Notable facets of Summary embrace:

• Consumer expertise. Summary’s instruments, options and design are optimised for simplicity and mass adoption.
• Neighborhood ethos. Tradition is on the coronary heart of Summary, with the crew stating their goal to “spotlight the important position {that a} sturdy neighborhood and cultural relevance” can play.
• Discoverability. Summary’s app curation and discoverability is top-tier, guaranteeing that customers have entry to a full suite of apps, instruments and providers.
• EVM compatibility. Summary adopts Ethereum’s safety, reliability and infrastructure – and boosts it with zero-knowledge expertise.

The Summary Chain additionally seems to be to draw builders with a wide range of tailor-made instruments and providers. This contains the Summary Builder Incubator – a programme the place main merchandise can acquire direct assist from the Summary crew.

With a deal with constructing “the dominant client crypto chain”, Summary wish to present the perfect platform potential for top-tier builders. By giving these groups the instruments, assist and infrastructure they want, Summary hopes to turn into dwelling to the next-generation of highly effective Web3 apps.

The historical past of Summary Chain

Summary was formally introduced when Igloo acquired Frame in June 2024. This transfer noticed improvement on the Body blockchain come to an in depth, with their proficient crew becoming a member of Dice Labs and Pudgy Penguins to construct Summary Chain.

As 2024 progressed, anticipation for Summary grew to a fever pitch. Influencers modified their avatar backgrounds to Summary’s signature inexperienced. In style video games – reminiscent of ChronoForge – introduced that they’d migrate to Summary. In style apps, instruments and providers introduced that they’d assist Summary on launch – reminiscent of Magic Eden.

Hype grew additional after the launch of $PENGU – the official token of Pudgy Penguins – in December 2024, as many noticed Summary because the Pudgy blockchain.

Summary held its mainnet launch on January 27, 2025 – however the debut noticed combined outcomes.

Many customers had core issues, reminiscent of a scarcity of contract safety scanners, failing RPCs, and sudden Ethereum fuel charges. Some even claimed that common relayer instruments didn’t work with Summary, resulting in misplaced funds – with one consumer stating that Summary “was not ready to be launched.”

Regardless of these setbacks, the debut of Summary did lead to some clear enhancements for Web3 customers – notably on cellular. The Summary app attracted reward for its streamlined cellular expertise, the place in lots of instances, customers can full transactions with out switching between apps.

Summary’s mainnet launch additionally launched the Summary XP system. By partaking with Summary Chain, customers gather Badges and XP. These are anticipated to translate into an allocation of the longer term Summary ecosystem token.

Customers can earn Summary XP in many alternative methods:

• Create your Summary profile
• Swap $ETH for $PENGU on Summary
• Upvote dApps on Summary
• Play Multiplier on Summary
• Conduct “natural interactions” on Summary

Further quantities of Summary XP could be earned by customers in the event that they:

• Personal an Summary accomplice NFT (Pudgy Penguins, Doodles, Azuki and extra)
• Maintain $PENGU of their Summary pockets
• Develop into an Summary creator
• Host Summary livestreams

For every XP level earned, customers will obtain allocation of the longer term Summary token, set to reach later in 2025.

Following the launch of Summary, the primary Summary NFT collections started their mints. Two of probably the most anticipated NFT collections had been Bearish and Pixelady Maker – however each noticed their ground worth dip under their mint worth, creating frustration amongst Summary supporters.

Within the following weeks and months, many further apps, instruments and providers arrived on Summary. This contains the likes of Roach Racing Club, BUZZ, Top Hat, Kabu and Finalbosu.

What’s subsequent for Summary Chain?

Thought Summary noticed a combined mainnet launch, their crew has continued to construct. The previous weeks and months have seen common updates, enhancements and new options – many knowledgeable straight from consumer suggestions.

Members of the Summary crew, reminiscent of @0xCygaar, publish recurrently on X to tell the neighborhood of their newest developments. This has boosted Summary’s picture, and has stored the neighborhood engaged and hopeful.

Though curiosity in Summary has declined since its landmark debut, the Web3 neighborhood nonetheless has massive expectations. With official Pudgy Penguins experiences set to debut on Summary, its guarantees to turn into “the dominant client crypto chain”, and an XP system resulting in a future token airdrop, there’s loads of promise that lies forward.

As extra apps, instruments, providers make their approach to Summary – to not point out an growing checklist of video games and NFT collections which can be constructing a robust ecosystem for the chain – this Ethereum Layer-2 blockchain may have a giant future forward.