Coinbase made headlines this week with its latest layer-2 scaling network, Base. To celebrate this launch, the team dropped a free open edition NFT. Notably, the new NFT is just available through Zora, a new NFT marketplace, and users can mint it too until February 26. Now, the community seems to have one question in mind: is the new L2 solution good?
Coinbase introduced an open edition NFT together with its new Ethereum Layer 2 solution, Base.
Why Did Coinbase Drop A New NFT?
Coinbase, a major crypto exchange platform, has partnered with the Optimism network to set up a new Ethereum Layer 2 solution. The new feature titled Base strives to enable users to create decentralized apps quicker and cheaper than its alternatives.
Notably, the exclusive launch came with a new NFT by Coinbase available for a free mint until Sunday. This collectible is an open-edition digital asset, meaning that an unlimited number of users can mint and use it as they want.
The nonfungible token had been minted over 24,000 times in less than 24 hours. On the contrary, despite the successful figures, most of the NFT community members are not pleased with Base – but why?
Coinbase introduced the new Ethereum L2 solution through Twitter this week.
How Did The NFT Community Respond?
For starters, the “Base, Introduced” free NFT dropped through Zora – a popular NFT marketplace. Nevertheless, Coinbase already has its dedicated marketplace, and some users allege that it would have been quite easy to mint the NFT there.
Then, there is the issue of Base itself as a dependable L2 solution. For instance, most users complained that the new concept does not offer adequate decentralization – an integral aspect of the Web3 space.
But, most users also see a future use for the Base solution, so we can just wait and see how it will evolve eventually.
