Redeeming $BASED
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Sponsor: Cartesi — Build app-specific rollups with Web2 tooling without the constraints of Web3!
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- ✨ Zora proposes Sparks. The NFT creator suite extraordinaire introduced Sparks, a new unit system for ETH designed to make dealing with smaller amounts of ETH much easier.
- 📈 Polymarket is powering up. The popular predictions marketplace, which uses ERC1155 NFTs to facilitate its binary outcomes, now accounts for 6% of transaction fees paid on Polygon.
- 🤖 Meet SearchGPT. OpenAI released a new prototype featuring advanced AI web search functionalities, with a full public rollout coming after an initial waitlist testing period.
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When the testnet of Base was first launched in February 2023, the Layer 2 (L2) scaling solution's team released a commemorative NFT mint, Base Introduced.
The open edition was collected more than 485,000 times by over 370,000 wallets, making it one of the most widely distributed NFTs ever so far!
Take note, then, because a new memecoin experiment is using these NFTs as a proxy for creating an unofficial Base token, $BASED, that will launch on the L2 in August 2024.
Let's walk through the basics in case you're interested in diving in and redeeming a $BASED allocation! 👇
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Cartesi has a challenge for all talented devs! Try to hack their Honeypot dApp. Compete in a bug-bounty initiative to test, scrutinize, and refine the underlying code of Cartesi Rollups!
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I've been posting more to Twitter and Farcaster lately, and if you're looking to up your posting game too, consider checking out Firefly.
Built by the Mask Network team, Firefly is a new social aggregator app that feeds content from, or lets you post content to, X, Farcaster, and Lens simultaneously.
A similar app in this ballpark is Yup, which I've tried and enjoyed, but in my opinion, Firefly offers a slightly more familiar user experience than Yup. That said, I give Firefly the edge here, at least right now.
Also, keep in mind that if you don't already have Farcaster or Lens accounts, you can mint a Firefly Pass to get free handles on both platforms. Worth a try, I say!