1 year ago
The "Onchain Summer" promotion drove enactment to the caller network, with hundreds of thousands of users minting NFTs successful August.
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Base network’s “Onchain Summer” promotion successful August resulted successful implicit 700,000 non-fungible tokens (NFTs) minted by implicit 268,000 unsocial wallets, according to a Sept. 6 announcement from the team.
Coinbase launched Base, its Ethereum layer-2, connected Aug. 9. To spur adoption, the network’s squad implemented a month-long motorboat event. It partnered with implicit 50 companies, artists, and creators to merchandise caller integer creation NFTs exclusively connected Base. Each creation acceptable was released connected a antithetic date, requiring users to instrumentality to the web repeatedly to cod each piece.
Over the archetypal 2 weeks of the promotion, implicit $242 cardinal worthy of crypto was bridged to Base, with implicit 130,000 unsocial wallets utilizing it each day.
The last NFT acceptable was released connected Aug. 31; it volition proceed to beryllium mintable until Sept. 7. Meanwhile, the Base squad has released much elaborate accusation astir which integer creation sets collectors were funny successful the most.
According to the announcement, the Coca-Cola postulation disposable from Aug. 13-16 saw the astir activity, with implicit 80,000 pieces being minted implicit the period.
Vermeer, "Girl with a Pearl Earring," from the Coca-Cola “Onchain Summer” collection. Source: Onchain Summer.Other highly-minted collections see those of Web3 gaming level Iskra (71,000 mints), societal media level Friends With Benefits (71,000 mints), layer-2 web Zora (70,000 mints) and euphony rights marketplace anotherblock (55,000 mints).
Related: USD Coin officially expands to Base and Optimism networks
During this period, Base besides saw the magnitude of cryptocurrency locked successful its contracts steadily increase, reaching a highest of implicit $402 cardinal connected Sept. 3, according to information from DefiLlama.
Base web full worth locked (TVL). Source: DefiLlama.Despite these achievements, Base’s motorboat hasn’t been wholly smooth. The web suffered an outage connected Sept. 5 erstwhile its sequencer stopped producing blocks. Multiple scams person been promoted connected the web arsenic well, including $6.5 cardinal rug-pull Magnate Finance.
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