Base

" It's sort of an everything app." 

CNBC breaks down the new @coinbasewallet and why it matters for creators.

I can already feel @coinbasewallet becoming an everything app, you can "post, earn, trade, chat, and connect..." all in one place.

It reminds me of a Web2 question: why did super apps/everything apps like WeChat, combining social, payments, and "mini-programs", thrive in China but not in the West?

One reason imo, in China, people generally trust big platforms and government regulation, so they’re more willing to hand over their data and money to an all-in-one ecosystem. In contrast, Western users are more privacy-conscious, governments have fragmented regulations, and there’s more skepticism toward centralized tech giants.

But in the Web3 era, the decentralized and open nature of crypto protocols and apps makes it possible to permissionlessly and trustlessly assemble an open, onchain version of an everything app. 

Base App doesn’t need to build everything itself, social media feeds and diverse miniapps come from @farcaster, content coins use @zora, chat uses @xmtp, dApps already exist, and even swaps are done through third-party aggregators. At the same time, it doesn’t become a monopoly or centralized giant. Any team can build a similar app, so the real competition is all about user experience.

I’m optimistic that Base App will continue polishing the details and become an even better onchain everything app, more open than Web2 predecessors, enabling greater economic freedom while offering a great consumer experience.

You can sense that @coinbasewallet is gaining mainstream traction. Its brand revamp and "everything app" approach, integrating payments, social networking, messaging, miniapps, and more, may have a bigger impact than expected. I’ve already seen non-crypto users, even in China, like financial and tech medias, designers and product managers, start discussing it on social media.

This highlights Base App’s potential to onboard more users onchain, aligning with its vision of "bringing the world onchain", including enabling more non-crypto users to experience crypto-native products, ideally even without realizing they’re interacting with blockchain, simply enjoy features that offer more convenience and greater economic freedom.

It may explain why, after the A New Day One event, many sold the news and dumped related tokens, but those tokens are rebounding now, especially with $ZORA hitting a new ATH. it's still in the testing phase, and more users, creators, and builders are just starting to notice and join in. The future is only just beginning.

You can sense that @baseapp.base.eth is gaining mainstream traction. Its brand revamp and "everything app" approach, integrating payments, social networking, messaging, miniapps, and more, may have a bigger impact than expected. I’ve already seen non-crypto users, even in China, like financial and tech medias, designers and product managers, start discussing it on social media.

This highlights Base App’s potential to onboard more users onchain, aligning with its vision of "bringing the world onchain", including enabling more non-crypto users to experience crypto-native products, ideally even without realizing they’re interacting with blockchain, simply enjoy features that offer more convenience and greater economic freedom.

It may explain why, after the A New Day One event, many sold the news and dumped related tokens, but those tokens are rebounding now, especially with $ZORA hitting a new ATH. it's still in the testing phase, and more users, creators, and builders are just starting to notice and join in. The future is only just beginning.

crypto-anarchist · onchain social explorer, advisor · spread FC gospel in /chinese community · curate SocialSight.telegram· host /luo ·中文 @luo

ya you are right, hot start 🔥 out of the gates, and impossible to fade $ZORA here.

I also think there will be a big mini apps boon in short time, first off $BNKR. 

I stick by my mid-term prediction about it fizzling, but you are def right about the short-term!

🎩 first, but I like being part of this experiment that is Farcaster 🌶️

Previously, miniapps could only run on Farcaster. Now, they run on the Base App, which has over 10x more users. We should have confidence in past and future miniapps, as well as all top tokens in the Farcaster ecosystem.

Your Friendly AI-Powered Crypto Companion. Manage your wallet effortlessly-just by sending a message. terminal: bankr.bot terms: bankr.bot/terms

yes but in that process of coins going to zero, people lose money

Base and $COIN and $ZORA win, but this is like a gambling apps 2.0 market

Nothing like the “Appcoins” market which is more akin to equity markets imo

once people realize they are gambling on content rather than “collecting” I think the lustre of the idea wears off pretty quickly

The end result of coining everything, of course, is that most of them will eventually go to zero. The value of content coins on Zora will likely consolidate around creator coins and $ZORS. If you get that Base’s ultimate goal is simply to increase transactions on Base, it’s not hard to see why they want to coin everything.

AI agents like Bankr still offer a relatively novel experience in group chats, even compared to Web2 messaging apps. They’re definitely one of the more interesting parts of the everything app.

yep it is true

my concern is the dilution that the everything app and coining everything does to that onboarding process 

time will tell … 

I am not convinced in coin everything beyond an initial wave

but from what I am hearing, group chats with @bankr are unbeatable on there