Luca no longer needs Web3, and therefore no longer needs Abstract.
Through the Pudgy Penguins community, he built a real company that now sells plush toys and merch in physical stores.
The question is whether he will thank that community for buying enormous amounts of merch and if so, in what form.
I already treated Abstract as finished a long time ago. That is not the end of the story for me. Abstract was just one product of Igloo. Companies can pick a wrong product.
Because PENGU cannot be airdropped a second time, I see only one serious way left to reward the community: an Igloo IPO, with shares going to supporters.
On XP, they might drop a final badge that locks each person’s tier gold, diamond, obsidian, etc. and use that tier as a multiplier when allocating shares.
I think that would be the best way to reward the community and offset the money people burned on Abstract transactions, games, and marketing campaigns. If they do not do something like that, they will not win people’s trust back.
Otherwise maybe Luca simply does not care about Web3 anymore and will keep going in Web2 and IRL. We’ll see which path he actually chooses.