Base Unveils New All-in-One Tokenized App for Social Interaction and Trading
Crypto News/Markets

Base Unveils New All-in-One Tokenized App for Social Interaction and Trading

Coinbase's innovative app merges social media with trading and payment functionalities while promising a host of new features.

Coinbase’s Everything app has officially launched, integrating social interaction features, trading, payments, and earning tools within one platform. This innovative effort is set to include stock trading and prediction markets as part of its future plans.

Tokenized Social and Trading Platform

Initially announced in July, the Base app was positioned as a rebranding of the Coinbase Wallet. This represents what Coinbase believes to be a pivotal moment in its platform evolution. Previously, a beta version was accessible only to users on the waitlist since July 16, but the company confirmed it is now available in over 140 countries.

Coinbase states that the Base App employs a fully tokenized framework allowing users to earn rewards for various activities including social engagement, trading, and app exploration.

“By putting value directly into your hands, we’re creating a market where everyone shares in the upside and traders can back the next generation of builders and creators,” the company explained.

The app features a personalized feed similar to traditional social media timelines but operates as a marketplace where users can interact with trending tokens, popular content, and new communities. Moreover, all displayed items are tokenized, allowing for direct trading from posts.

The platform also integrates trading seamlessly into social discovery, providing access to various assets, including major cryptocurrencies and tokenized equities. Coinbase aims to simplify trading by embedding functionalities directly into the feed, eliminating the complexities of traditional exchanges.

Earning Features and New Products

Furthermore, the app offers multiple earning opportunities: users can benefit from content engagement, share in transaction fees, and accrue interest on USDC assets. Earnings will be credited instantly to users’ wallets without minimum thresholds or any delays.

To facilitate onboarding, Coinbase is providing temporary USDC rewards for new users who engage with the app during the launch phase. Notably, it is also introducing stock trading and prediction markets alongside other new products.

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