Will Abstract launch a token by ___?December 31, 2027
Open$17Kas of
Odds now
The market prices a 4% chance that this market resolves YES, as of .
YES4¢
NO96¢
as of
What moved the odds?
1 AI-matched news signals on this market, newest first. Entry price is the called side when the news hit; the signed return marks it against the live price as of .
Abstract to Shut Down on Dec. 15; Igloo Says It Lost Tens of Millions Over Two Years • • Abstract will shut down on December 15, 2026, citing high operating costs, limited liquidity, a restricted DeFi ecosystem and weaker market demand. Parent company Igloo said it lost tens of millions of dollars over the past two years keeping Abstract operating while searching for product-market fit and profitability. In July 2024, Igloo raised over $11 million in a Founders Fund-led round to establish Cube Labs and support Abstract’s development. Igloo will now refocus resources on Pudgy Penguins, Pudgy NFTs and PENGU.
Where does the news lean?
0YES1NO1neutraltrailing 24h
Average match confidence across the listed signals: 92%.
What would make this resolve YES?
This market will resolve to "Yes" if Abstract officially launches a token by 11:59 PM ET on the date specified in the title. Otherwise, this market will resolve to "No".
Only an official token launched by Abstract will qualify. Stablecoins, memecoins, LSTs and synthetic tokens will not count.
The token must be actively and publicly tradable. Announcements alone do not qualify.
The primary resolution source for this market will be information from Abstract (https://x.com/abstractchain), however a consensus of credible reporting will also be used.
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