BASE is LIVE! Everything you need to know about Coinbase's next step.

published on 10 August 2023
Base is Live: The Next Evolution of Onchain - Everything you need to know.
Base is Live: The Next Evolution of Onchain - Everything you need to know.

After 1.5 years of meticulous planning, development, and rigorous testing, Coinbase's highly anticipated Ethereum L2 network, Base, has officially launched for public access.

Jesse Pollack, Base's Creator, expressed his exhilaration in a recent announcement: “Today, I'm proud to say that Base is open to everyone. Our mission is clear: We aim to bring the next million builders and billion users onboard the on-chain universe.”

For those who might not be in the loop, here's a quick rundown:

What is Base?

Base, as conceptualized and now realized, is an Ethereum L2 network that focuses on providing a platform where anyone from any corner of the world can build decentralized applications (dApps) onchain. The driving force behind Base's inception has been the need for a secure, economical, and developer-friendly environment in the burgeoning world of dApps.

Why is Base a Game Changer?

In the early 2000s, the internet underwent a radical transformation, evolving from a mere tool of information and entertainment to a potent enabler of global connections. Similarly, the concept of 'on-chain' represents the next epochal shift. This novel paradigm aims to revolutionize the internet by granting more economic autonomy and ownership to common people.

Base is not just an L2 solution; it's a vision. A vision that sees on-chain as the cornerstone of the next-generation internet, capable of redefining our financial systems and restoring economic freedoms at a global scale.

Experience the Onchain Revolution

To celebrate the launch and usher in a new era of on-chain innovations, Coinbase is playing an instrumental role in 'Onchain Summer'. This month-long extravaganza celebrates everything on-chain, from art, culture, and music to gaming and beyond. And the best part? Everyone's invited! Dive into stories, witness leading builders, products, creators, and artists showcasing their work, and immerse yourself in the world of on-chain.

As part of the festivities, today witnesses the release of “Base, Day One”, a special commemorative work signifying the debut of Base, encapsulating the spirit and essence of this monumental project.

Join the Onchain Revolution

If the early internet era was about connecting people, the on-chain era is about empowering them. As Base goes live, it promises not just a new technology, but a new way of seeing and shaping the world around us.

For in-depth insights into Base's inception and functionalities, do check out our previous article: Base - Wallet as a Service: Revolutionizing the Crypto Landscape.

Stay connected, stay updated, and let's work together in taking the world on-chain. Dive right in at Onchain Summer.

If you're interested in joining forces to unlock the potential of Coinbase's platform, let's connect! Together, we can shape the future of web3 campaigns and revolutionize brand interactions in the crypto world. Send us a message to our Social Media channels or to our email [email protected], we will love to connect! 

Read more