Coinbase Unveils Base, Ethereum Layer Two Scaling Solution
Coinbase Global Inc. has introduced Base, its Ethereum layer two scaling solution, which has attracted attention from developers and investors looking to scale on the Ethereum network. Notable brands like Coca-Cola, Nouns DAO, Friends With Benefits, and Atari have chosen the Base network for hosting their NFT mints.
Friendtech: A Social Decentralized Application
Friendtech, a decentralized social app, has gained recognition for offering users a way to earn income through their network. It has generated over $1.42 million in transaction fees and has reached around $709,739 in total revenue. In the past 24 hours alone, Friendtech generated $1.12 million in protocol fees, second only to Ethereum and Lido protocols.
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Impressive Statistics of Friendtech
Friendtech has approximately 1,052,352 transactions and a historical volume of about 28,977.4 ETH. With 65,332 buyer addresses involved, Friendtech’s overall value is estimated to be around 11,064.9 ETH. Backed by Paradigm, Friendtech plans to distribute 100 million points throughout a six-month beta period.
Growth and Innovation in the Crypto Landscape
As Coinbase’s Base network fosters growth and innovation, Friendtech stands out with its remarkable achievements. It continues to gain traction in the dynamic and evolving world of cryptocurrencies.
Hot Take:
Coinbase’s introduction of Base and the success of Friendtech highlight the continuous growth and potential of the crypto industry. With innovative solutions and decentralized applications like Friendtech, individuals can explore new ways to earn income and engage with the crypto community. The future looks bright for both Coinbase and Friendtech as they contribute to the ever-expanding landscape of cryptocurrencies.
