Abstract

#12 in Layer-2

TGE and Distribution

Testnet

$— Jan 27, 2025

M&A

$— Jun 29, 2024

Funding Round

$— Dec 20, 2023

Incentivized Activities

$—

Current and Past

Abstract

Activities

Past

Testnet

Ended Jan 27, 2025
Users participating in the testnet may be able to expect rewards in the future.

Activities 🎮

Testnet Ended Testnet

What can be done:

Switch to Abstract's network

Get Sepolia ETH

Developers can use this test network to test their applications
M&A

Ended Jun 29, 2024
Investors

Igloo

Source: https://x.com/frame_xyz/status/1806790432724254846
Funding Round

Ended Dec 20, 2023
Investors

Electric Capital

Source: https://thedefiant.io/news/nfts-and-web3/frame-unveils-funding-round-and-airdrop-for-nft-community
Incentivized Activities

Ended
Abstract has introduced the point program Abstract Incentives, which will launch alongside the transition to the mainnet. The essence of this program is to reward users, developers, and content creators for their activity and contributions to the ecosystem.

Source: https://www.abs.xyz/
Activities 🎮

Point Farming Ended Point System Incentivized program

How to Participate:

For users:

Users earn experience points (XP) simply by interacting with the Abstract blockchain and using ecosystem applications.

Rewards are issued weekly, on Mondays, based on activity from the previous week.

XP can also be earned through special participation badges, which come in three types: instant, weekly, and secret.

For developers:

Application developers receive rewards based on how successful their application is in its category.

Rewards are distributed monthly, and developers are motivated to grow the ecosystem.

For content creators:

If you create content related to Abstract, the system will reward you with secret badges.

Streaming:

Abstract supports streaming — if a user streams through Abstract, they earn XP.
Token Launch

Project hasn’t officially announced the token release or token airdrop (retrodrop) yet.