web3 is moving sideways, how the fat protocol thesis came alive, belong S1 [free] mint launch, introducing base L2 on OP and 3 diverse fresh products to discover.
Tons happened in web3 last week. Here are three highlights:
Winning Key on Yuga Labs Dookey Dash Gets $1.1M Bid on OpenSea.
Tokenization Picks Up Steam With On-Chain Tesla and Apple Shares.
Coinbase Predicts: Why Solana Could Bounce Back Even Better.
This week’s dose of web3 is a holistic kickoff into 2023 ↓
a twitter thread¹
1. belong S1 [free mint]
“…belong is your next-gen web3 social profile. Access was in closed alpha up until now. Today we are entering open beta. With an OE FREE access token. belong is the web3 social profile that adds context to your utility tokens. With it, you can clearly share where you belong, how, and why. Resulting in deeper connections with more web3 natives and perhaps even better reasons to grab your next favorite utility token. With an Early Supporter token, belong will feel much more exclusive and open up a range of features only 111 will have access to. Free access is given via OE Season passes, so more and more profiles get created in predictable waves. This is how access differentiates:…”
Read the full article here by @belonghaus.
2. Meet Base
“…Base will accelerate the development of Coinbase’s onchain products. By creating more certainty in where we build, we eliminate the questions that have been stopping our teams before they start. And we create a foundation that we can layer other developer tools around to make building onchain incredibly easy. With Base, we are committing to make it easier for our teams to build onchain rather than off-chain. Base will bring our customers into the cryptoeconomy. By creating an environment that is in the Coinbase orbit, has Coinbase-grade security, and is fully onchain, we will be able to bring much more of our activity onchain. We see bringing users and their assets to Base as a stepping stone to them accessing the broader cryptoeconomy. Importantly, we do not want Base to be an island or silo — we want it to be a bridge that is deeply connected to Ethereum L1, other L2s, and even other L1 ecosystems like Bitcoin, Solana, and Cosmos. Base will increase Coinbase’s investment in core crypto infrastructure. With our investment in Base, we now have an even larger motivation to help scale the underlying platforms that Base builds on. We’ve started this with our work on EIP4844 and we expect that investment to only increase. We’re excited to contribute back to the core infrastructure that has made our business possible over the last decade....”
Read the full article here by @jessepollak.
Diagonal → grow your business with the most powerful API for crypto payments.
Airlyft → growth hacking for crypto startups with rewards for the community.
Lasagna → create your NFT collection in seconds. No code? Yes, chef.
Find these and all 450+ other resources on intoweb3.land ↗.
↻ a summary
W08 delivered three articles covering various topics such as winning bids on OpenSea, tokenization of Tesla and Apple shares, and Coinbase's predictions on the Solana cryptocurrency. Additionally, the thread discusses the protocol thesis. Furthermore, there is information about the Belong S1 mint, which is a social profile in the web3 space, and the introduction of Base L2 on Optimism, which is aimed at accelerating the development of Coinbase's on-chain products. Finally, there are three new products introduced: Diagonal, Airlyft, and Lasagna.
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