NFT Marketplace Magic Eden Announces Support For The Upcoming Abstract L2 Network

Igloo Inc., the digital asset incubation studio, toy model, and the crew behind the Pudgy Penguins non-fungible token assortment, has partnered with Magic Eden, a cross-chain non-fungible token market, to develop its upcoming Ethereum layer two blockchain community, Abstract. The Pudgy Penguins NFT crew started growing upcoming layer two blockchain networks someday in June 2024.

Magic Eden Provides Support For The New Abstract Network

In an October 29 weblog publish, Igloo Inc., via its Abstract account on X (previously Twitter), confirmed partnering with Magic Eden to develop its upcoming layer two (L2) blockchain community on the Ethereum important web known as Abstract. Below the brand new partnership, non-fungible token assortment on the brand new Abstract community can have a launchpad and market help.

Abstract X @MagicEden

On day 1, NFTs on Abstract can have launchpad and market help.

We’re bringing collectors and tradition to Abstract NFTs, with Magic Eden. pic.twitter.com/TBxQ3AUnqT

— Abstract (@AbstractChain) October 28, 2024

Revealed in June 2024, Igloo Inc. is the digital asset agency and the guardian firm of the Pudgy Penguins, a non-fungible token assortment that includes a set set of 8,888 cute penguins hosted on the Ethereum community, and Lil Pudgys, a non-fungible token assortment that includes a restricted set 22,222 NFTs originating from Pudgy Penguins. Pudgy Penguins is its flagship NFT assortment after gaining huge traction amongst crypto merchants.

However, Magic Eden is among the main multi-chain NFT marketplaces that helps non-fungible tokens on the Solana, Ethereum, Polygon, Bitcoin, Arbitrum, Base, and ApeChain blockchain networks. Quick ahead to 2024, Magic Eden NFT market has quickly grown to develop into essentially the most distinguished NFT market on the Bitcoin and Solana blockchain community.

Below the brand new integration, the Igloo anticipates leveraging Magic Eden NFT market platform performance to supply NFTs on its new Abstract Layer Two community that may have a launchpad and market help proper from the primary day of launch. The creator of Pudgy Penguins goals to deliver collectors and tradition to Abstract NFTs with the Magic Eden NFT market platform.

About Upcoming Abstract L2 Network

Igloo Inc. has began crafting its upcoming blockchain community someday mid-this 12 months, meaning to take away the sophisticated elements of blockchain to get mass adoption. The Abstract is a zero-knowledge (ZK) Layer Two blockchain community constructed on Ethereum’s important community. The new blockchain community is constructed utilizing the ZK stack, a standardized and open-source answer for ZK rollups constructed by ZKsync.

The upcoming Abstract community is a extremely scalable and safe L2 community completely constructed to foster group and tradition. The community anticipates bettering app discoverability and makes use of state-of-the-art encryption for optimum safety and scalability. With a consumer-centric method, the upcoming Abstract community will deal with distribution via varied companions and assist apps construct actual communities and cultures.

The Pudgy Penguins crew joins the quickly rising record of non-fungible token tasks which have already created their blockchain community, which incorporates Blur NFT market and Yuga Labs, the creator of Bored Ape Yacht Membership. The Abstract L2 community will be a part of the burgeoning ETH L2 panorama, wherein the Arbitrum, Base, Blast, and ApeChain are at the moment the largest Ethereum-based L2s on this planet when it comes to whole worth locked.

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