Base Potentially to Become a Main Center for Crypto Consumer App
2024-07-02Bittime - According to the founder 1confirmation, Nick Tomaino, Base will be a key hub for achieving breakthroughs in consumer crypto applications. Tomaino expressed his views on the huge potential that Base has to attract hundreds of millions of users through a partnership with Coinbase.
Base Able to Attract New Users
Coinbase has great power in attracting new users. Tomaino compared Base's potential to Binance Chain during the previous bull market. Even though the applications on Binance Chain are not always top-notch, the platform is still growing rapidly as Binance directs their exchange users to the chain.
With the support of Coinbase, which has millions of users, Base is expected to generate significant network effects. This is primarily because the apps in Base are designed to be superior and engaging for users.
The Best Developers on Base
One of the important points Tomaino raised was that the best crypto developers are working to build high-capacity, low-cost consumer applications on Base. This shows that Base not only offers great potential in terms of users, but also in terms of technology and innovation.
These developers were attracted to Base's infrastructure which allowed them to create applications that could handle high transaction volumes with minimal costs, a combination that was very attractive to end users.
Attractive Base for the Mass Market
Apart from technical aspects and strategic partnerships, Base also has a culture that is suitable for the mass market. One of the factors that makes Base unique is the absence of native tokens. This avoids excessive speculation and focuses on the real value of the applications and services offered.
Additionally, there is no attempt to recruit celebrities to promote the meme coin which ends up being detrimental to users. Instead, Base emphasizes the rich culture of memes and art, which appeals to people outside the crypto community who are simply looking for financial gain.
Potency of Base
With all these factors in mind, Tomaino believes that Base has the potential to become a premier hub for consumer crypto applications. The combination of support from Coinbase, innovation from leading developers, and an engaging culture means Base is uniquely positioned to change the crypto landscape. Users can expect a variety of high-quality applications that can meet their needs at low cost and high efficiency.
How to Buy Crypto with Bittime
You can buy and sell crypto assets in an easy and safe way through Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Monitor graphic movement Bitcoin (BTC), Ethereum (ETH), Solana (SOL) price and other cryptos to find out today's crypto market trends in real-time on Bittime.
Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.