1. QiAi QuestsHome
  2. AI & Tech Insights

Coinbase L2 Network Base Commemorates NFT Series Base with Successful Completion of Free Casting

• AI & Tech Insights • 69 views

According to the official page, the coinbase L2 network base commemorates the NFT series base, and the free casting of Introduced has ended at 13:00 today, wit…

Coinbase L2 Network Base Commemorates NFT Series Base with Successful Completion of Free Casting

According to the official page, the coinbase L2 network base commemorates the NFT series base, and the free casting of Introduced has ended at 13:00 today, with a total of 485090 castings.

The free casting of Coinbase L2 Network Base Memorial NFT has ended, with a total of more than 480000 pieces cast

Interpretation of the news:


Coinbase, the largest cryptocurrency exchange in the United States, recently launched its Layer 2 (L2) network base to commemorate their NFT (non-fungible token) series base. The NFT series base allows creators to create digital art and sell them as unique, one-of-a-kind pieces. However, creating NFTs can be costly due to the high gas fees associated with the Ethereum network. This is where Coinbase’s L2 network base comes into play.

The L2 network base is a solution that allows creators to mint NFTs faster, cheaper, and with a lower environmental impact. To celebrate the launch of their L2 network base, Coinbase offered a free casting event that ended at 13:00 today, with a total of 485090 castings.

According to Coinbase, the event was a huge success. With almost half a million castings in just a few days, it’s clear that NFTs are becoming more popular among creators and buyers alike. The L2 network base’s goal is to provide an affordable and efficient way for creators to mint NFTs, which will undoubtedly increase the popularity of NFTs even further.

What’s impressive about Coinbase’s L2 network base is that it’s not only faster and cheaper than the Ethereum network but also has a lower environmental impact. The environmental impact of cryptocurrency mining is an issue that’s gained a lot of attention recently. The L2 network base could potentially make NFTs more sustainable and eco-friendly, making them a more responsible investment for buyers.

Overall, Coinbase’s L2 network base is an exciting development in the world of NFTs. With their successful free casting event ending today, it’s clear that there’s a growing interest in NFTs, and Coinbase’s L2 network base is positioned to meet this demand. The platform is an excellent example of how innovation and technology can be used to make something more affordable, efficient, and environmentally friendly.

In conclusion, Coinbase’s L2 network base commemorating the NFT series base with a successful free casting event is a significant development for the NFT industry. This event served as an opportunity for more creators to get involved and bring their unique digital artwork to life. The L2 network’s goal is to make minting NFTs more accessible and efficient, which can undoubtedly lead to an increased adoption of this technology. Coinbase’s L2 network base is a testament to how technology can be utilized to bring about positive change in the world.

This article and pictures are from the Internet and do not represent qiAiAi's position. If you infringe, please contact us to delete:https://www.qiaiai.com/ai/5373.html

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Like (0)
Previous 03/06/2023 05:18
Next 03/06/2023 05:31

Related recommendations