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.
Source: [CoinTelegraph](https://cointelegraph.com/news/consumer-crypto-chain-abstract-to-wind-down?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)