Coinbase Releases Base Bridge – When is the Launch Date?
Coinbase, a prominent crypto exchange based in the US, has unveiled a new project known as "Base," which serves as a bridge for its Ethereum (ETH) layer-2 scaling solution.
The platform is powered by Optimism (OP), a blockchain-scaling solution, and is scheduled to launch its mainnet on August 9th.
Base is now open for bridging
Base opens for everything on August 9
We’re helping throw an onchain festival to celebrate
ɪᴛ'ꜱ ᴏɴᴄʜᴀɪɴ ꜱᴜᴍᴍᴇʀ 🟡https://t.co/p8KTcnkbbx
— Base 🛡️ (@base) August 3, 2023
To celebrate the launch of Base, the project is organizing an unprecedented on-chain summer festival, featuring collaborations with 50 talented builders, artists, products, and brands throughout August. This festival aims to showcase the emerging on-chain culture, offering a unique and enjoyable experience on-chain.
Base provides multiple ways for users to connect to the layer-2 scaling solution. They can access the project’s official website, take a quiz on Coinbase or the Coinbase wallet app, or use web3 protocols like Galxe, Layer3, or mint.fun to mint a NFT.
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Ahead of its upcoming launch, Base has already opened its mainnet to developers and has successfully undergone rigorous internal and external security audits.
Coinbase’s primary objective with Base is to introduce over a billion users to the crypto economy. However, it’s worth noting that there are no plans to launch a network token linked to Base. The project aims to create an on-chain environment that becomes the next online platform and fosters an open ecosystem for builders worldwide.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
