- Onchain Summer is a three-week-long campaign to celebrate the launch of Base mainnet.
- Coinbase aims to “enable anyone, anywhere to safely and easily participate in the on-chain economy.”
- Coinbase will expand its layer 2 Ethereum blockchain, Base, to the general public on Aug. 9.
Coinbase, a renowned player in the cryptocurrency exchange arena, is gearing up to launch an unprecedented event, Onchain Summer, commencing on August 9 through a three-week-long campaign.
This landmark occasion heralds the introduction of the Base mainnet and aspires to extend the advantages of the burgeoning onchain economy to a global audience of billions.
Coinbase will feature active participation from over 50 distinguished brands, platforms, visionary artists, and innovative creators. Furthermore, it will highlight onchain art, cultural expressions, musical creativity, immersive gaming, and more through a multi-week celebration.
Central to the ethos of Onchain Summer is Coinbase’s unwavering dedication to erecting a robust bridge into the onchain economy. The platform’s mission is anchored in the provision of seamless, rapid, and user-centric access to cryptocurrencies, with a clear vision to embolden both novices and experts to delve into the captivating realm of decentralized finance, non-fungible tokens (NFTs), and beyond.
Of notable significance within the Onchain Summer narrative is the strategic alliance with Base—a secure, builder-friendly Ethereum Layer 2 solution pioneered by Coinbase.
Coinbase will roll out support for its Layer 2 Ethereum blockchain, Base, via Coinbase Wallet, the Coinbase app, and Coinbase NFT over the coming week. When Onchain Summer begins on August 9, everyone will be able to explore and interact with decentralized apps on Base for free.
Onchain Summer opens up avenues for participants to mint exclusive releases, gain insights from vanguards in the crypto sphere, and potentially reap rewards for active engagement in onchain activities.
Coinbase Wallet’s quests offer token or NFT rewards for engaging in onchain activities. For those just starting out, there’s an opportunity to earn up to $50 in crypto. This includes a new quest focused on acquiring ETH on Base using either Coinbase Wallet or the web3 wallet within the Coinbase app.
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