The Vision
Overview of Abstract's Vision
Abstract goal
"Consumer crypto is the breakthrough opportunity to bring billions of people onchain." - Abstract
Abstract key objective is creating the blockchain for consumer crypto. Through a combination of culture, community building, dedicated builder and brand support, Abstract wants to bring the next generation of crypto users, onchain.
Abstract way
Nowadays, most of the effort is focused on technological innovation, with a race to find faster and cheaper solutions for transaction fees. However, while infrastructure development remains important, we are nearing optimal technical performance.
Therefore, Abstract's innovative approach is that community and culture are the driving forces behind any successful project.
According to Luca Netz, without the right infrastructure, culture on-chain will never thrive and without culture crypto industry will never grow.
That is why Abstract wants to win by focusing on 4 points :
Community and Culture - Abstract is a blockchain grounded in community and culture, continuing Igloo Inc's legacy by prioritizing cultural relevance and community strength.
Familiar Onboarding Experiences - Abstract simplifies blockchain onboarding by leveraging wallet security and account abstraction to create seamless user experiences, rivaling or surpassing the best traditional Web2 experiences.
App Discoverability - Abstract offers a platform for enhanced ecosystem curation and network-wide discoverability, providing users and developers with a cohesive, intuitive experience.
Secure and Scalable - Abstract aims to be a secure and scalable blockchain, built on Ethereum's security, using advanced cryptography and efficient data layers, while fully compatible with existing Ethereum smart contracts.
Sources
The Future of Culture is Tokenized https://x.com/IkaHQ_/status/1817150836541124995https://x.com/AbstractChain/status/1815771462671737309https://abs.xyz/blog/articles/what-is-abstract
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