TLDR Bas network experiences explosive growth, Coinbase's involvement, and launch of new coins like Quenta and D Coin

Key insights

  • Narratives and Potential of D Coin and Doge NFT Coin

    • 📖 D Coin has multiple narratives including layer 3 chain and Forester platform with Forester acting as a decentralized Twitter-like platform, and has connections to the Doge NFT coin.
    • 🐶 The Doge NFT coin has a rich history, strong backing, potential for growth, and is associated with the original Doge meme, and has a narrative surrounding the aging of the real Doge which could drive its popularity.
  • Prominent Projects and Tokens on Bas Chain

    • 🚀 Exciting developments in the DeFi, AI, and gaming sectors on Bas chain include prominent projects like Quenta, a perpetual exchange, Virtual Protocol, a rebranded gaming project, and Starter Labs, a re-launching launchpad project, along with discussions on various newly launched coins from affordable ones to high market cap ones, including meme coins like anime and D gen coin.
  • Bas Integration with Coinbase Smart Wallet

    • 💼 Basechain is making smart wallets default for Ethereum users, collaborating with Coinbase to develop smart wallets for easy user onboarding and transactions, utilizing pass key for biometric access to crypto wallets, and enabling easy integration with Coinbase account for direct transactions with various chains, supporting Ethereum mainnet and Base chain.
    • 🔐 The integration of Base with the Coinbase Smart Wallet eliminates the need for third-party wallets and offers a seamless experience for using applications on the Base network.
  • Coinbase and Bas Partnership

    • 🤝 Coinbase has significant interest in Bas layer 2, debates arise on the revenue generation, and ways to gain exposure to Bas growth include investing in op token and Coinbase stock. Bas Network's 2024 strategy emphasizes decentralization and hints at a potential future token, while mixed signals are present regarding the potential issuance of a token for Bas.
  • Bas Ecosystem Growth

    • 📈 Bas has seen explosive growth in its ecosystem with metrics such as total value locked, user growth, value bridged, and weekly transactions, gaining traction and being compared to other prominent chains like Avalanche and Blast.
    • 💡 The video discusses various ways to gain exposure to the Bas ecosystem, ranging from established coins to meme coins and layer 3es and forecaster functionality.

Q&A

  • What are the prospects for Doge NFT coin in the current crypto landscape?

    The Doge NFT coin has a rich history, strong backing, and potential for growth. It is associated with the original Doge meme and supported by influential industry players. Base chain integration and organic traction suggest opportunities for growth, making it a good bet for the rest of the year.

  • What are the main narratives for the success of D Coin?

    D Coin has multiple narratives, including layer 3 chain and Forester platform, which is a decentralized Twitter-like platform with active crypto users. D Coin originated from the Forester community, and other communities on Forester are also launching coins.

  • What are some of the newly launched coins on Bas and their impact?

    The video discusses various newly launched coins on Bas, including affordable ones, high market cap ones, and a new meme coin called anime with a massive airdrop and a wide holder base. It also covers the explosive growth of D gen coin, reaching $2 billion on Bas.

  • What are some of the prominent projects and developments on the Bas chain?

    Exciting developments in the DeFi, AI, and gaming sectors on the Bas chain include projects like Quenta, a perpetual exchange, Virtual Protocol, a rebranded gaming project, and Starter Labs, a re-launching launchpad project, which are gaining traction on Bas chain.

  • What is the significance of the integration of Base with the Coinbase Smart Wallet?

    The integration of Base with the Coinbase Smart Wallet eliminates the need for third-party wallets and offers a seamless experience for using applications on the Base network. This collaboration simplifies transactions without gas fees and enhances security and ease of use.

  • How can investors gain exposure to Bas growth?

    Investors can gain exposure to Bas growth by investing in op token and Coinbase stock. Bas Network's 2024 strategy emphasizes decentralization, hinting at a potential future token, although current documents and statements offer mixed signals about issuing a token for Bas.

  • What is Coinbase's involvement in the Bas ecosystem?

    Coinbase is heavily invested in the Bas layer 2 built in partnership with optimism. There are debates about the revenue generated by the super chain, and Coinbase's significant interest in making optimism successful is evident.

  • What is Bas and its current growth in the crypto community?

    Bas has experienced explosive growth in its ecosystem, reflected in metrics such as total value locked, user growth, value bridged, and weekly transactions. It is gaining traction, being compared to other prominent chains like Avalanche and Blast.

  • 00:00 Bas has experienced explosive growth in its ecosystem, attracting attention from the crypto community. This growth is evident in metrics such as total value locked, user growth, and adoption. Bas is gaining traction and is being compared to other prominent chains like Avalanche and Blast.
  • 05:31 Coinbase is heavily invested in the Bas layer 2 built in partnership with optimism. There are debates about the revenue generated by the super chain, and Coinbase's significant interest in making optimism successful is evident. Ways to gain exposure to Bas growth include investing in op token and Coinbase stock. Bas Network's 2024 strategy emphasizes decentralization, hinting at a potential future token. However, current documents and statements from Coinbase CEO and legal officer offer mixed signals about issuing a token for Bas.
  • 10:54 Coinbase is integrating smart wallets as default, using pass key for secure biometric access, enabling easy onboarding to chains and direct transactions without gas fees.
  • 16:31 The integration of Base with the Coinbase Smart Wallet eliminates the need for third-party wallets and offers a seamless experience for using applications on the Base network. Aerodrome is the prominent decentralized exchange for Base with significant valuation. Synthetics has strong integration with the optimism ecosystem and Base, making it a unique DeFi gem.
  • 21:51 Exciting developments in the DeFi, AI, and gaming sectors on Bas chain. Quenta, a perpetual exchange, is showing potential with high daily volume. Virtual Protocol, a rebranded gaming project, and Starter Labs, a re-launching launchpad project, are gaining traction on Bas chain.
  • 27:45 Discussing various newly launched coins on base, from affordable ones to high market cap ones, including a new meme coin called anime which had a massive airdrop and a wide holder base. Also, the video segment covers the explosive growth of D gen coin, reaching $2 billion on base.
  • 33:26 The D Coin has multiple narratives including layer 3 chain and Forester platform. Forester is a decentralized Twitter-like platform with active crypto users. D Coin originated from the Forester community. Other communities on Forester are also launching coins. Layer 3 and Forester are the main narratives for D Coin's success.
  • 39:26 The Doge NFT coin has a rich history, strong backing, and potential for growth. It is associated with the original Doge meme and supported by influential industry players. Additionally, the coin is linked to a narrative surrounding the aging of the real Doge, which could further fuel its popularity. Focusing on the broader trends and narratives in the meme coin space can provide insights to assess and potentially invest in similar projects. The prospects look promising for the Doge NFT coin, especially when considering its potential airdrop and early alpha. Additionally, the base chain integration and organic traction suggest opportunities for growth, making it a good bet for the rest of the year.

Bas Network: Explosive Growth, Coinbase Partnership & New Coins

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