Coinbase has more than 108M users. Meanwhile Binance has around 90M users. These numbers give you an indication of how much potential value can be achieved by their chain. Given that Blackrock are likely to get approval for a Bitcoin ETF. Then we can speculate that institutional investors are likely going to start buying crypto more massively in the next few years. Coinbase and consequently Base are likely to receive large amounts of volume from institutional investors. Any projects built on Base are likely to significantly benefit wether it is directly from institutional investors or indirectly. So, web3 founders should take this chain seriously if they want to reach significant market shares.

It is likely there will be a token launch for Base once the legal issue with the SEC are resolved, so from an airdrop perspective this is also worth considering being active on the chain.

Note that for the die-hard decentralist crypto users, Base is completely centralized at this point. I believe this doesn't matter at all to 99% of the population, so let's hope that Base becomes the primary chain for tokenized real world assets and security offering. Show Less

 2
2024 Cyrator - Verified Crypto Intel

Disclaimer: The content presented on this website, including any analyses, reviews, and ratings, is provided for informational purposes only and should not be considered financial advice. Cyrator does not endorse or recommend any financial transactions or investments based on the information available on this platform. Visitors to this site should perform their own due diligence and consult with a professional financial advisor before making any investment decisions. Cyrator is not liable for any actions taken, financial or otherwise, based on information or links from this website.