What is Abstract ?

Quick definition of Abstract

Abstract is an Ethereum layer 2 (L2) design for consumer facing applications across DeFi, SocialFi, NFTs, and more. Abstract is EVM-compatible and supports all existing Ethereum tooling.

Their goal is to become the greastest distribution channel by leading the next generation of consumer crypto which means optimizing the consumer experience by offering the simplest onboarding, top-tier applications, and the most cohesive ecosystem in crypto.

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Sources

https://x.com/AbstractChain/status/1815771462671737309https://abs.xyz/blog/articles/what-is-abstract