Digitoys is preparing to relocate its digital toy collectibles to a new blockchain, following the announced shutdown of its current network, Abstract. Abstract, an Ethereum layer-2 solution developed by Igloo Inc., is scheduled to go offline on December 15. Any assets remaining on the chain after this date will become inaccessible.
The digital toy platform confirmed on October 8 that it would move to a different chain, though a specific destination has not yet been identified. “Abstract, our current blockchain, is winding down and as a result Digitoys will be migrating to a new chain,” Digitoys stated in a post on X. The company assured users that their collections are safe and accessible in the interim, with plans to share more details soon.
Abstract’s Impending Shutdown
Abstract’s decision to cease operations was announced on October 6, with the network stating, “Any funds not bridged by this date will be inaccessible.” Igloo, the company behind Abstract and Pudgy Penguins, stated that it had funded Abstract for 18 months, spending tens of millions of dollars. Despite efforts and onboarding significant brands, the network struggled to achieve product-market fit.
The network cited stalled growth, low liquidity, a limited DeFi ecosystem, and minimal institutional engagement as reasons for its closure. While over 144 applications had been deployed on Abstract and more than 400,000 users onboarded through brand partnerships, the company ultimately decided against issuing a token to sustain the network. Igloo will now focus its resources on Pudgy Penguins and its associated token, PENGU.
Challenges for NFT Collectors
The shutdown presents a particular challenge for NFT collectors, as Abstract’s standard migration tools are designed for ETH and ERC-20 tokens. The network’s Migration Hub terms state that NFTs, unsupported tokens, and other specific assets may require actions outside the hub. This means Digitoys collectors cannot move their NFTs independently; the project must facilitate the relocation or reissue them.
Abstract’s engineering and ecosystem team has committed to assisting projects on the network with their relocation efforts. Digitoys, formerly known as Cryptoys, was launched by OnChain Studios and features blind boxes containing random digital collectible toys. These collectibles include licensed characters from Disney and Star Wars, alongside the company’s own Zoo-F-O Escape brand. The toys are categorized by tiers and rarity levels, ranging from Common to Ultra Grail.
Digitoys initially went live on Abstract in November 2025, offering users the option to register with an email or social login instead of requiring a crypto wallet. The project also operates a marketplace called the Digital Toy Exchange.
A Trend of Network Closures
Abstract is not the only blockchain network to announce its closure recently. Since late September, at least two other networks have revealed similar plans. Blast announced on October 2 that it would wind down due to operating costs exceeding revenue. Mint Chain issued a comparable statement in late September.
In June, Botanix, a Bitcoin-focused network, announced it was closing after failing to gain sufficient traction. Luca Netz, Igloo’s CEO, acknowledged the difficulty of the chain business, expressing that his only regret was not being able to celebrate a win with the Abstract community.
