The Pudgy Penguins L2
gm Bankless Nation, the company behind Pudgy Penguins just acquired an L2!
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Last weekend, Pudgy Penguins welcomed Igloo Inc., its new parent company, and then today this new company welcomed its first acquisition: Frame.
This NFT-centric L2, which was notable for having its own in-built liquidity and royalties system called Palette Protocol, will now form the basis of a new culture L2 named Abstract that's to be focused on powering consumer crypto apps in general, not just Pudgy-related efforts.
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