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TABLE OF CONTENTS

Top 5 Projects Building On Abstract Chain In 2025

5.0
| by
Sankrit K
|
Edited by
Vera Lim
-

Building On Abstract

Abstract, a ZK-rollup on Ethereum built by the creators of Pudgy Penguins, aims to be the catalyst for mass consumer-level apps that will make blockchain mainstream. Many teams have already begun building on Abstract and are ready to go live as soon as the mainnet launches.

Here, we explore five projects (listed in the order of decreasing X followers at the time of writing) that are creating buzz in the Abstract community.


Key Takeaways

  • DOGAMÍ: A web3 dog-themed entertainment franchise. It combines NFTs, gaming, and family-friendly products. The project secured $14 million in funding.

  • Freee: A no-code, multi-chain platform enabling easy NFT minting, rewards for creators and collectors, and a focus on accessibility and transparency.

  • Canna Sapiens: This NFT project blends cannabis culture with digital art, employing narrative-driven marketing, creative collaboration tools, and high-level partnerships.

  • Moonsheep: Introduces the experimental ERC-404 hybrid token standard, combining fungible and non-fungible token properties for diverse applications.

  • Multiplier: An on-chain app focusing on meme coins and microcaps, offering gamified trading, token rewards, and content monetization to enhance user engagement and liquidity.


Top 5 Projects on Abstract Cover

The community is buzzing with anticipation for the launch of Abstract, the Layer 2 solution spearheaded by the creators of the iconic Pudgy Penguins NFT collection. Promising to be "the blockchain for consumer crypto," Abstract is generating significant excitement for its potential to usher in a new era of user-friendly and scalable dApps.

With its mainnet launch slated for January 2025, developers are already flocking to this innovative platform, eager to leverage its zero knowledge technology and vibrant community.

The technical complexities associated with the crypto ecosystem create friction in onboarding new users. Hence, the need for providing intuitive and seamless user experiences to the users is greater now than ever.

Based on Crypto.com's 2024 Year Review, almost 43% of the money lost in cryptocurrency hacks till Q3 2024, amounting to around $324 million, is due to private key compromise. This signals a clear lack of understanding of crypto-tech at the consumer level.

Graph of funds lost by attack vector, Abstract top 5 learn article

This article goes into the five promising projects currently under development on Abstract, showcasing the diverse and exciting ecosystem taking shape on this highly anticipated Layer 2.

Abstract Chain: A Quick Recap

Abstract is designed to make blockchain technology more accessible to everyday consumers, focusing on user-friendly applications like gaming, social platforms, and NFTs. It aims to simplify the crypto experience by addressing common issues like high transaction fees and complex wallet setups.

It operates as a ZK-rollup on Ethereum, leveraging zero-knowledge (ZK) technology for enhanced security and privacy, providing low transaction fees and high scalability. Abstract is EVM-compatible, meaning it can host existing Ethereum smart contracts with minimal changes.

Abstract also introduces Panoramic Governance. It is a new governance model that aligns developer and user incentives, rewarding participation through fee-sharing and allowing community votes on resource allocation.

Further, with Paymasters, applications on Abstract can enable gasless transactions for users, where the platform pays on behalf of the users. This will be one of the defining features for mass consumer onboarding and expansion into new sectors.

Interested in learning more about Abstract? Read our deep dive on Abstract Chain here.

Now, let’s look at some of the top exciting projects building on Abstract Chain.

DOGAMÍ

DOGAMÍ positions itself as the first web3-powered, dog-themed entertainment franchise designed to be family-friendly, i.e., for parents and children alike. This project offers a unique collection of 3D NFT dog avatars, each with its own set of distinct traits, both in appearance and personality. 

Kristofer Dayne Penseyres is the co-founder and CEO of DOGAMÍ, bringing 15 years of experience in the film and entertainment industry with a proven track record of success, including his venture's impressive $15 million in sales. Max Stöckl and Adrien Magdelaine are the other two co-founders who serve as the CFO and COO, respectively, overseeing the financial and operational strategies of the company.

Picture of Dogami staff, Abstract top 5 learn article

Image Source

DOGAMÍ was successful in employing 25 full-time employees and gained significant popularity with over 200K followers on social media and 50K monthly messages on Discord, showing strong community engagement and support. This project was also able to sell around 24,000 NFTs and is backed by popular names in the crypto space like Sébastien Borget, the co-founder and COO of one of the top metaverse projects, The Sandbox.

This project raised funding of $14 million in December 2022 from industry leaders such as Tezos, Ubisoft, The Sandbox co-founders, Animoca Brands, and many others. DOGAMÍ Academy is the gaming product of this project that features an engaging dog racing mobile game available for Android and iOS users.

DOGA is the crypto token of the DOGAMÍ ecosystem, with a maximum supply of 888.88 million tokens that empower users to participate in various activities. As a utility and governance token, DOGA can be used for shopping, rewards, franchise governance, and staking.

DOGAMÍ's core ecosystem products include its hub, a comprehensive platform where users can easily access the DOGAMÍ universe and its various features, such as profile updates, token buying, selling or staking, in-game updates, and rewards.

Other standout offerings include DOGA Comics, which publishes comic books; DOGAMÍ Bytes, featuring short animated videos; DOGA Merch, offering exclusive designer apparel and toys; and DOGAMÍ TV, providing family-friendly Web3 entertainment.

Freee

Freee is an NFT platform that supports Abstract and other networks such as Ethereum mainnet, and Base. Using this multi-chain platform, users can mint their new NFTs, share them with other wallet addresses, and collect them to earn rewards.

Freee Abstract NFT platform banner image, abstract top 5 learn article

The no-code nature of Freee empowers its users to mint NFTs in a few simple steps, eliminating the need for technical expertise or prior blockchain knowledge. All they need to do is provide the name of the NFT, its symbol, media, preferred network, price, mint limit per address, royalty percentage, and payout address.

To encourage more creators to mint NFTs from Freee, they have removed any mining fee requirements, such that they only need to pay for the gas fees on the selected network. However, to offset this cost, a flat fee is charged from the NFT collector, which will be transparently displayed beforehand of the collection purchase process.

Freee's built-in edition tool helps users build their NFT projects with ease, allowing them to organize their custom collections with the flexibility to set a fixed or unlimited supply number. Based on the user's requirements, they can also choose from the Ethereum token standards, ERC-721 and ERC-1155.

Freee has a default rewarding system designed to incentivize NFT minters and collectors for their participation. These rewards can be earned as creator rewards, referral rewards, and mint referral rewards, where free mint creators are rewarded 40% of the platform fee, which amounts to 0.00004 ETH per mint.

Canna Sapiens

Canna Sapiens is an exciting NFT project that brings cannabis culture and digital art together in a fresh way. Launching on Abstract in January 2025, it's a platform for creativity, building a lively community based on humor, teamwork, and bold ideas.

The first major initiative of this project is the Canna Sapiens Cannabis Brand, which involves branding activities with narrative-driven marketing using fictional characters to establish a deep emotional connection with the audience. The initiative starts with its first physical store in Prague, with plans for expansion to other places in Q1 2025.

The second pillar of the project includes the Creative Flow State (CFS), which blends technology with creative collaboration tools for crowdsourced content creation to foster community engagement and participation. With the introduction of virtual influencers, original IP, and external client servicing, the initiative focuses on promoting high-level creativity without compromising on the user-driven experience and authenticity.

To achieve the Creative Flow State (CFS), the partnership with its web2 ally, Eallin, a mixed media production company, and international animation studio with an impressive client base that includes Coca-Cola, Sony, Adidas, and more, will bring unmatched creative expertise to the project. With this collaboration, Canna Sapiens aims to elevate its storytelling, design, and outreach, creating an NFT collection that stands out for its artistic quality and cultural impact.

Canna Sapiens' key web3 partner is The Plague, a decentralized platform dedicated to promoting transparency, fair business practices, and equal opportunities within the NFT community. Together, they aim to create a more inclusive and ethical space where creators, collectors, and enthusiasts can thrive, setting a new standard for collaboration and innovation in the Web3 space.

To ensure the recruitment of the best talent without compromise, Canna Sapiens' staffing partner, Eqlipse, steps in with its expertise in sourcing top-tier professionals. The involvement of Eqlipse ensures the onboarding of individuals who align with the project's vision, which is a critical factor that drives the development, growth, and sustainability of this innovative initiative.

Moonsheep 

Moonsheep is a crypto project where memes meet NFTs to create a playful and engaging digital ecosystem that blends humor with blockchain. This project takes a playful jab at the "follow-the-leader" tendencies, much like a herd of sheep that blindly follow one another, encouraging people to think for themselves and have fun breaking free from the usual patterns in the crypto world.

Dan Hoban is the creator of the Moonsheep project and has experience in conducting a successful clothing brand, Sadire. During the building of Sadire, Dan took care in adding a unique story to his products that are filled with thought, emotion, feeling, or all together, making them resonate deeply with customers and stand out as more than just fashion pieces.

Moonsheep is an evolution from Dan's The Sad Times project, in which he used an animated sheep as the central character to express his ideas around the concept of its similarity with individuals who blindly follow trends in society. 

This project is an evolution from Dan's The Sad Times project, in which he used an animated sheep as the central character to express his ideas around the concept of its similarity with individuals who blindly follow trends in society. The humorous tone of the project and the involvement of the sheep as the character captivated audiences, sparking interest and its popularity, leading to The Sad Times NFT collection with 3,333 NFTs.

Moonsheep is revolutionary as the first-ever ERC-404 hybrid token on the Abstract Chain. The innovation of this experimental Ethereum token standard is the combination of the ERC-721 and ERC-20 token standards that blend the properties of non-fungible and fungible tokens.

ERC 404 vs ERC 20 and ERC 721

Image Source

The flexibility of the ERC-404 token standard helps Moonsheep project's SHEEP token to adapt to use cases among varied industries such as fractionalized access to gaming, metaverse, real-world assets (RWAs), digital arts, and many more. This advantage opens up the possibility that Moonsheep would be able to expand its DeFi applications.

Multiplier

As an on-chain app, Multiplier allows its users the potential to win and earn significant gains in meme coins and microcaps, which include new cryptos with low market capitalization and high growth potential. This app focuses on these two categories because the return on investment is significantly higher compared to blue-chip cryptos.

To start using this platform, users need to sign in with their X account and join their Telegram channel for exclusive updates, community interactions, and support. Users are provided with three options to hold their winning positions: as the token they’ve wagered on, MINT token, or as an equal split between the two.

For every win, users earn their rewards in the form of MINT tokens, which they can redeem whenever required. These crypto tokens also serve as the in-game currency, enabling seamless transactions within the platform for gaming and other trading-related activities. 

The major use cases of Multiplier include wagering to win microcaps, gamified trading tools to make the process fun and exciting, and content monetization to reward creators for promoting the project. For every user's token win, Multiplier's protocol buys the winning tokens from the open market, strengthening its liquidity pools and creating a positive price impact on the token.

After the result of each Multiplier game round, the results, along with the prize, are settled in the token users chose beforehand or in MINT tokens, depending on their selection. This platform offers high-potential payouts by combining betting risks with market fluctuations, allowing profits to be realized through a system that dynamically adjusts payouts based on real-time market conditions.

As a promotional strategy, users who post content about Multiplier's product, its ecosystem, and affiliated partners also get rewarded with these tokens.

Conclusion

Many teams building on Abstract in 2025 show great potential in combining innovation, creativity, and simplicity. From NFT platforms like Freee.xyz to web3 entertainment projects like DOGAMÍ, each one capitalizes on Abstract's unique features while offering easy and user-friendly experiences for their communities.

Many projects claim (directly or indirectly) to be the “next big thing”. However, investors and users must be aware of the potential risks associated with early projects, including volatile token price fluctuations.

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Sankrit K
Sankrit K
Sankrit is a content writer and a subject matter expert in web3. He has worked with notable companies, including Ledger, Alchemy, and MoonPay. Sankrit specializes in helping web3 brands create content that is easy to understand while accurately explaining technical concepts.

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