NFTs in summer campaign on Base

    The purpose of this dashboard is to provide insights gained from an investigation or analysis of NFT activity during this campaign. Users of the dashboard can use this information to make informed decisions or gain a better understanding of how NFTs are performing in the context of the campaign.

    About Base

    Base is a secure, low-cost, builder-friendly Ethereum L2 built to bring the next billion users onchain.

    Base is incubated within Coinbase and plans to progressively decentralize in the years ahead. We believe that decentralization is critical to creating an open, global cryptoeconomy that is accessible to everyone.

    1. Secure and Low-Cost: Base is designed to offer a high level of security while keeping transaction costs low. Ethereum's main network (Layer 1) is known for its security but can be expensive due to high gas fees. Layer 2 solutions aim to provide similar security at a fraction of the cost.

    2. Builder-Friendly: Base is designed with developers and builders in mind. It likely offers tools, APIs, and resources to make it easier for developers to create decentralized applications (DApps) and other projects on top of it.

    3. Ethereum L2: It operates on Ethereum's Layer 2, which means it leverages the security of the Ethereum blockchain but processes transactions and smart contracts off-chain or in a more efficient manner. This can significantly reduce transaction costs and increase scalability.

    4. Next Billion Users: Base's goal is to make blockchain technology more accessible and usable for a broader audience. By offering a secure and cost-effective solution, it aims to attract a large number of users who might not have previously been able to participate in the crypto ecosystem.

    5. Incubated within Coinbase: Coinbase, a well-known cryptocurrency exchange and platform, is supporting and nurturing the development of Base. This can provide Base with resources, expertise, and exposure to help it grow.

    6. Progressive Decentralization: While initially incubated by Coinbase, Base has plans to become more decentralized over time. Decentralization is a key principle in the world of cryptocurrencies and blockchain technology, as it aims to distribute control and decision-making power away from a single entity or organization. This move towards decentralization aligns with the broader crypto philosophy.

    7. Creating an Open, Global Cryptoeconomy: Base believes that decentralization is crucial for creating a global, open cryptoeconomy. By removing central points of control, it becomes possible for anyone, anywhere in the world, to participate in this new financial and technological ecosystem.

    db_img