「Penguin Chain」 Abstract is about to launch, how to participate?

The Lunar New Year is approaching, and Abstract's mainnet is also about to go live. Magic Eden's official Twitter account posted a tweet in the early hours of today, announcing that Abstract's mainnet will go live tomorrow:

At this moment, there is a sense of bidding farewell to the old and ushering in the new for the entire NFT market. Following the acquisition by Igloo, the parent company of Pudgy Penguins, and the successful launch of Pudgy Penguins' $PENGU token, NFT players and the market as a whole are full of expectations for Abstract and its new chain.

How to participate in the Abstract ecosystem?

Airdrop Acquisition Preview

Previously, Abstract announced their incentive system, Abstract Incentives.

This incentive system will reward three different groups:

- Developers: Build and deploy apps on Abstract, receive monthly XP rewards based on user engagement. For outstanding developers, a monthly award event will also be held to provide additional XP rewards.

- Users: Use apps on Abstract and receive weekly XP rewards.

- Content Creators: Livestream on Abstract to earn XP rewards. (Abstract has already opened the application for streamer qualifications, link)

In general, to maximize airdrop rewards, we need to continuously and deeply engage with various projects on the Abstract chain. They have also designed a badge system with "Weekly Mission Badges," "Raid Event Badges," and "Mystery Badges," indicating that a series of activities will be launched to guide users to use a range of apps on Abstract.

Compared to Blast, a notable feature is that Abstract will have its own livestreaming platform called Abstract Live. The resource cost for a livestreaming platform is significant. In the early stages, we may only see selected influencers joining the platform for livestreaming, rather than it being fully open to everyone (as complete openness may lead to abuse, such as someone livestreaming 24/7 to exploit airdrops...). An unclear point is whether XP can be transferred. On Blast, Gold points can be distributed by projects to incentivize users, creating competition between projects. It is yet to be determined if Abstract will adopt a similar approach.

Projects Worth Following

Abstract has previously released an ecosystem project diagram:

Based on the above categories, I have selected projects that I personally believe are worth paying attention to.

NFT Projects

Firstly, most of the NFT projects listed on Abstract have already completed a significant portion of their pre-launch processes through presale and whitelist distribution, so it could be considered somewhat late to join now. Here, I have compiled a list of projects that I believe are leading in terms of popularity, which can help everyone better track the dynamics of the secondary market after the mainnet launch.

Canna Sapiens(@CannaSapiensNFT) - Total supply 4000, price TBD, IP narrative, with a coin issuance plan.

Ruyui(@RuyuiStudios) - Total supply 7777, price 0.07 ETH, IP + gaming narrative, with a coin issuance plan.

Kabu(@kabuxyz) - Total supply 7000, IP narrative, has completed a presale of 1000 units at a unit price of 0.038 ETH.

Final Bosu(@finalbosuX) - The second series on Abstract, total supply and price to be determined, anime IP narrative. The floor price for the old series is currently 1.95 ETH, holding the old series allows you to have 1 Free Mint and 1 guaranteed whitelist spot. You can still participate in the whitelist event on the official website (link)

Abstract Hotdog(@AbstractHotDogs) - Total supply of 3333, price 0.035 ETH, with 1500 already sold in presale at 0.025 ETH. Full-on tokenomics. Additionally, they have partnered with the Brave browser.

Pengztracted(@pengztracted) - Total supply of 7777, Free Mint. Penguin-themed, currently looking like a pure art project.

Game Projects

Since the Abstract airdrop requires deep engagement with ecosystem projects, game projects are very much worth keeping an eye on, as they could present a perfect opportunity to both enjoy the game and benefit from the Abstract airdrop.

Vibes(Pudgy TCG @ocapgames) + Pudgy World(@PudgyWorld_) - Vibes(Pudgy TCG) is a card game based on the Pudgy Penguin IP, while Pudgy World is pretty much a chubby penguin "QQ pet," gameplay-wise not much more to elaborate on, but it must be included because it's an in-house project.

Onchain Heroes(@onchainheroes) - An on-chain game created by the former dev lead of Wolf Game, @skarlywarly. This on-chain game is neither the super hardcore "autonomous world" that has yet to show strong gameplay nor the "chain game" with sophisticated content on PC or mobile, but rather a blend of the two like Wolf Game. It will be an easy-to-pick-up but hard-to-master idle game that may only require 15-20 minutes of actual gameplay per day, but will demand much time afterwards to think through your strategy, encouraging player communication, and decision-making based on different risk appetites in a fair competitive environment facing an incomplete information landscape.

The game character NFTs in this series will be minted after the Abstract mainnet launch. Currently, holding the Onchain Heroes Genesis Ring NFT entitles you to a 1 Free Mint + 2 Guaranteed Whitelist spots, with the current floor price of this NFT being 3 ETH.

Gigaverse(@playgigaverse) - Similar to the above Onchain Heroes, this is also an on-chain game, an RPG type led by team member of Pirate Nation @0xDith (a quick note on Pirate Nation, a full-chain game that received $33 million in funding led by a16z during the bear market, Gigaverse will also use the Proof of Play underlying infrastructure of the studio behind Pirate Nation).

The whitelist for the current game character NFTs has nearly been fully distributed and is awaiting minting.

DUPER(@playduper) - Raised $8.7 million from institutions like Bain Capital Crypto, Coinbase, and Niantic, originally built on Arbitrum. This game is generally a social strategy game where the victory condition is to either occupy 11 map tiles first or achieve a royal flush, with troop deployment tied to map occupation and hand cards. Players can exchange the required hand cards in the game, and ultimately, victory is not necessarily for the player with the most gains (victory is based on who collects the most gems).

There will be a total supply of 999 Free Mint series Genesis Ace of Spade NFTs soon to be released, with token distribution and in-game rights.

Monsters.fun(@monstersdotfun) - Abstract's AI Arena, generate an Agent with your own input Prompt, creating an Agent also generates a joint curve token, win to pump, lose to dump.

Currently, registering on the official website and shilling can get you early access rights (Portal).

77-bit(@the77bit) - Cyberpunk-style MMORPG developed by Analog Games, now has a website event for rewards (Portal). This project is an old project, with an NFT series released as early as 2022, and the current floor price is 0.32 ETH.

Social Projects

Boost.gg(@boostdotgg) - This is an NFT whitelist lottery tool developed by the well-known AlphaBot team, currently, you can register on the official website to get early access rights (Portal). They will airdrop tokens, you can start farming now, but it's basically farming on AlphaBot (essentially, lottery equals farming airdrop). This thing is the same as the essence of AlphaBot, both are platforms provided to clients who need user growth. If AlphaBot is just in the small NFT track, Boost.gg wants to bring together the needs, creators, and users through token incentives.

UGC.fun (Create Layer @createlayer) - Project teams can deposit their own tokens into a reward pool, and content creators help write related tweets to earn rewards. This project mentioned that engaging in activities on their platform will earn their platform's XP, which seems to be a form of token rewards. Currently, you can register on their website to join the Waitlist (Portal).

noodles.fun (@noodlesdotfun) - Based on the official description, I think this one is more like Friend Tech on Abstract (or recently popular Clout and Tribe), allowing fans to buy their own tokens and interact with their fan community based on this.

Prediction Market/Gambling-Style Trading Projects

Myriad (@MyriadMarkets) - A prediction market project under DASTAN, in partnership with Rug Radio, Decrypt, and others, so previous Rug Radio NFT holders will receive an airdrop of their token $MYR.

Multiplier (@multiplierfun) - This one is quite interesting, a market "green candle" maker. You can choose your favorite low-cap meme coin, select a multiplier, and bet ETH. If the final multiplier given by the system is lower than your chosen multiplier, your ETH goes to the project team, and you receive the project's own token. Conversely, the system will use the treasury to buy the corresponding meme coin and return the equivalent amount of meme coin (the amount you bet * multiplier).

If there are a lot of players, the market may see many inexplicable candlestick coins. Then, as the winner, you can choose to water or diamond hand in the midst of chaos.

Gacha (formerly Swipe @gacha_game_) - On-chain gacha game, if the price is right, it could replace Web2 gacha as there are airdrops here as well...

Launchpad

Buzz.fun (@buzzdotfun) - The Abstract version of pump.fun, will have its own token $BUZZ.

AI Project

Neura (@NeuraADND) - Neura is not a conventional AI image generation platform; in fact, the Neura team at Adanede intends to crowdfund Neura as a decentralized, self-aware AI artist. Neura will create art independently, but users can use Android NFTs to influence Neura's creations. Different Android NFTs will give Neura different artistic styles, and each user will be a unique node of Neura. Currently, Neura has created the first series "The Memories" and has completed the Free Mint, with the current floor price at 0.2 ETH.

Meme Coin

$PENGU - Although including this may seem a bit forced, but then again, I have to... It is very likely that $PENGU will later support bridging to Abstract, rightfully the first.

$GRIND(@GrindTheCoin) - From @Pons_ETH, founder of the NFT project The Plague. The image is exactly this rat below.

$bwob(@bwobcoin) - SpongeBob meme coin.

$abby(@abbyexplorer) - Garfield image meme coin.