1confirmation founder: Base will become a major hub for achieving breakthroughs in crypto consumer applications

2024-07-02 16:35:54
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ChainCatcher news, 1confirmation founder Nick Tomaino posted on the X platform that Base will become a major hub for breakthroughs in consumer applications for cryptocurrency.

He pointed out that exchanges are the main entry point for consumers, and Coinbase, as a mainstream exchange, will guide hundreds of millions of people into Base. Referring to the Binance Chain during the last bull market, Binance promoted its large-scale development by directing exchange users to that chain. Imagine the network effects that will occur when Coinbase directs users to a chain with excellent applications.

Tomaino also mentioned that the best crypto developers are building high-throughput, low-cost consumer applications on Base. Furthermore, Base's culture is suitable for the mass market, with no native token, which means decision-making won't be overly indecisive; there will also be no one recruiting celebrities to launch meme coins and then run away. What attracts outsiders is not just making money, but also the rich meme culture and art.

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