Coinbase, the famous American platform, plans to make the mainnet of its Base network accessible to everyone from August 9. To celebrate this launch, Coinbase is launching the “Onchain Summer” event, a month of daily activities on the Base network developed in partnership with various players, including Coca-Cola, Pixelmon, Atari, OpenSea and many others, with rewards at stake.
Basic mainnet soon accessible to all
American giant Coinbase plans to make the mainnet of its Base network accessible to all as of August 9:
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 ️ (@BuildOnBase) August 3, 2023
At the same time, Base has opened its own bridge to transfer certain ERC-20 tokens to the mainnet. Until now, Base’s mainnet was only accessible to network developers, although it is possible – after a few technical manipulations – to transfer Ethers (ETH) to it via a proxy system.
Built on Optimism’s OP Stack, Base is a layer 2 of Ethereum that aims to attract “a billion users”. Evolving with the aim of making Ethereum a superchain made up of layers 2 with interoperable assets, Base should also bring its share of tools to Coinbase. To find out more, we invite you to read our dedicated Base fact sheet.
To celebrate the event, Coinbase has announced “Onchain Summer”, a month-long event that should offer “something fun” to do on the Base network on a daily basis. The event is being built in partnership with some 50 players, including Coca-Cola, Pixelmon, Atari, OpenSea, Optimism, Rainbow Wallet and Showtime. A commemorative NFT is already available at the mint from the Base bridge page.
Base was recently in the news with the dumping of the BALD token, which enabled an investor to make a profit of $1.5 million with just $1,000 of initial investment. At the same time, the developer of the shitcoin suddenly withdrew 7,000 ETH of liquidity, pocketing $5 million in profits in the process. It could even be that the individual in question is Sam Bankman-Fried, the former CEO of FTX.
