Pudgy Penguins-backed Abstract to shut down after ‘tens of millions’ in losses

T2Covered by 1 source · first reported by Cointelegraph at 07 Oct, 00:01 UTC

Igloo CEO Luca Netz said the company funded Abstract for 18 months but still failed to find product-market fit despite attracting major brands and a community of millions.

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Sources

• T2Pudgy Penguins-backed Abstract to shut down after ‘tens of millions’ in lossesCointelegraph07 Oct, 00:01