Doubts about airdropping a token for layer 2 Base
The post Doubts about airdropping a token for layer 2 Base appeared on BitcoinEthereumNews.com. The team at Base, Coinbase’s well-known layer-2, has hinted to its community that no “token network” will be issued to pay network fees and manage governance processes, effectively ruling out the airdrop that was rumored months ago. Recently, however, after a Decrypto interview with Paul Grewal, chief legal officer of Coinbase, it emerged that this possibility is not so remote and that in the future the exchange’s rollup could release a token as a gift to early users of the infrastructure. If there were ever to be an airdrop for Base, this could turn out to be of enormous magnitude, given the potential that Coinbase holds and given the strong growth in blockchain that we have been witnessing recently. Let’s take a look together at how to get ready by maximizing your chances of being rewarded by the popular crypto exchange. Base: Coinbase’s layer-2 has no plans to issue a crypto but could still change its mind and perform an airdrop in the future Base, the Ethereum layer-2 operated by the cryptocurrency exchange Coinbase, landed on the mainnet in August this year with the promise that it would NOT launch a reference token for the crypto network. This can be easily read in Coinbase’s help desk and in Base’s X profile bio, where it is clearly stated that the project team has not yet planned to issue a coin to be used as a token gas or to manage internal governance. However, speculation has intensified in recent days about a change of course for the exchange, which may consider creating its own cryptocurrency. In fact, in an interview a few days ago with Decrypto, Paul Grewal, chief legal officer of Coinbase, said that the company “does not rule out” this possibility in the future. At the moment, the exchange has…
The post Doubts about airdropping a token for layer 2 Base appeared on BitcoinEthereumNews.com.
The team at Base, Coinbase’s well-known layer-2, has hinted to its community that no “token network” will be issued to pay network fees and manage governance processes, effectively ruling out the airdrop that was rumored months ago. Recently, however, after a Decrypto interview with Paul Grewal, chief legal officer of Coinbase, it emerged that this possibility is not so remote and that in the future the exchange’s rollup could release a token as a gift to early users of the infrastructure. If there were ever to be an airdrop for Base, this could turn out to be of enormous magnitude, given the potential that Coinbase holds and given the strong growth in blockchain that we have been witnessing recently. Let’s take a look together at how to get ready by maximizing your chances of being rewarded by the popular crypto exchange. Base: Coinbase’s layer-2 has no plans to issue a crypto but could still change its mind and perform an airdrop in the future Base, the Ethereum layer-2 operated by the cryptocurrency exchange Coinbase, landed on the mainnet in August this year with the promise that it would NOT launch a reference token for the crypto network. This can be easily read in Coinbase’s help desk and in Base’s X profile bio, where it is clearly stated that the project team has not yet planned to issue a coin to be used as a token gas or to manage internal governance. However, speculation has intensified in recent days about a change of course for the exchange, which may consider creating its own cryptocurrency. In fact, in an interview a few days ago with Decrypto, Paul Grewal, chief legal officer of Coinbase, said that the company “does not rule out” this possibility in the future. At the moment, the exchange has…
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