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Crypto Prune > News > Coinbase wallet is now app-based, a social perpet of the new cryptocurrency
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Coinbase wallet is now app-based, a social perpet of the new cryptocurrency

7 months ago 2 Min Read

Exchange Coinbase was announced on July 16th in the Base App, a platform that replaces Coinbase wallets and promises to integrate trading, payments, social networks, and decentralized applications (DAPPS) into the “All in One” platform.

In addition to the operation token, the new application can also make payments with USDC Stablecoin via Base Pay (compatible with shops such as Shopify) and interact with Dapps. Communicate through encrypted messages It uses XMTP (Extended Message Transport Protocol), a messaging protocol designed for Web3 applications.

Base app Integrate interfaces Social A distributed protocol promoted by Farcaster that allows users to publish content on Cryptocurrency Networks is an experience similar to traditional social networks, but without intensive intermediaries.

A platform that promotes the creation and sales of inappropriate tokens (NFTs) via Zora, users You can convert your publications into your own digital assetsreceive cryptocurrency tips and get rewards for interactions at that interface.

Additionally, applications offer Miniapplications such as games and forecast markets, and can be accessed directly without downloading.

New exchange wallets announced at the A New Day One event in Los Angeles, USA, are available The beta phase for users on the waitlist.

The base app is built on a base network, the second layer solution (L2) of Ethereum created by Coinbase, and includes a build base, a set of developer tools.

See also  New software to split Bitcoin is already one of the most chosen software
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