Coinbase is spearheading efforts to drive mass adoption of blockchain technology through its incubated platform, Base. The Onchain Summer initiative, which includes a buildathon in Benin, Edo State on June 29th, and a co-working session in New York before June 30, aims to attract developers and creators to build decentralized finance solutions. The initiative offers $2 million in incentives to onboard new users and is expected to attract over six million monthly active addresses. Additionally, Coinbase's new smart wallet, featuring integration with Moonwell and zero transaction fees for ETH and USDC deposits, is seen as a significant step towards improving user experience in the crypto space.
Why Coinbase's new smart wallet could be a watershed moment for crypto UX https://t.co/4akFWefVTa
big move by Coinbase to dramatically increase user base and on-chain economy once folks start using stablecoins there's no turning back businesses love it - atomic execution means higher cart/checkout conversion rate and instant settlement (positive working capital effects vs… https://t.co/o0IoWyP5q4
Coinbase leading the way to actual mass adoption via Base yet again Built on Base, powered by Ethereum https://t.co/H8sxYFkRkV
.@Base🔵, which was incubated by @Coinbase, is on pace to attract more than six million monthly active addresses in light of Onchain Summer☀️🌻, which has about $2 million worth of incentives for builders to onboard new users. @httpsageyd reports https://t.co/azSN45aWct
Build v5 starts in 10 days. Together with some an amazing ecosystem of organizations, we’re helpling builders contribute to Onchain Summer. Here’s a rundown of some of the opportunities for onchain builders in v5: https://t.co/JGiIsWdnx2
The @CoinbaseWallet smart wallet features an intuitive design and seamless integration with Moonwell, simplifying onchain finance. Pay zero transaction fees when depositing into the new Moonwell ETH and USDC Flagship Vaults - all in just a few clicks! Create your wallet today! https://t.co/cbz1EHtPxs https://t.co/nA6UqFIG7V
🚀 Calling all builders and creators in Benin, Edo State to join the ONCHAIN SUMMER Buildathon by @base ! Join us on June 29th, 2024 at the Edo Innovation Hub for a two-day immersive experience to explore and develop cutting-edge decentralized finance solutions. #Blockchain https://t.co/xGHMisaYUc
#OnchainSummer continues with building on @base via Sign Protocol! Submit your project on @bountycaster before June 30: https://t.co/nxLTtkiILl Join us for a co-working session to get all your questions answered this Friday at @Station3NYC Sign up here: https://t.co/J0ISa8b7Pi