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Coinbase’s Base Dropped Free Open Edition NFT Via Zora

Reports said that Coinbase’s Base has dropped a free open edition nonfungible token (NFT), which is only available via Zora, a new NFT marketplace.

It has been reported that one of the leading crypto exchange platforms, Coinbase, teamed up with the Optimism network to create a new Ethereum Layer 2 solution. The new feature titled Base aims to help users develop decentralized apps faster and cheaper than its alternatives.

However, the exclusive launch came with a new NFT by Coinbase available for free mint until next Sunday. The collectible is an open-edition digital asset, which means that an unlimited number of users can mint and use it as they please.

The report said that to begin with, the “Base, Introduced” free NFT dropped via Zora – a popular NFT marketplace. Coinbase already has its own dedicated marketplace, and some users claim it would’ve been easier to mint the NFT there.

Thus, there’s the issue of Base itself as an L2 solution. For example, many users complained that the new concept doesn’t offer enough decentralization – an essential aspect of the Web3 world.

Source: NFT Evening




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