Coinbase launched more than 28000 free NFTs in memory of Ethereum L2 Network Base
It is reported that Coinbase has recently launched the Ethereum L2 network base. To commemorate the launch of the network, Coinbase created an NFT that can be cast for free. NFT can be cast within four days after the announcement is issued, and can be traded in the OpenSea and other NFT markets.
Interpretation of this information:
Coinbase, one of the major cryptocurrency exchanges in the world has finally launched the Ethereum L2 network base. This is a significant breakthrough in the cryptocurrency market as it will increase the speed and efficiency of transactions conducted on the Ethereum blockchain. The launch date was announced recently, and to celebrate this achievement, Coinbase has created a Non-Fungible Token (NFT) that can be cast for free.
An NFT is a unique digital asset that is stored on the blockchain. It verifies the ownership and authenticity of digital assets and makes them scarce like traditional art pieces. As a result, they can be sold and bought like any other asset. With Coinbase’s new L2 network base, users can transact with these NFTs at a very high speed, with less maintenance and lower costs.
Coinbase’s announcement will not only benefit its users but the entire cryptocurrency market. As one of the most popular exchanges, Coinbase’s adoption of the Ethereum L2 network will help bring this technology to a wider audience. This will allow more investors and users to take advantage of the benefits that come with blockchain technology, such as low transaction fees and faster transaction times.
The NFT created by Coinbase can be cast for free within four days after the announcement is issued. The process of casting is a way of creating a new NFT. After casting, users can trade the NFT on OpenSea and other NFT markets. This is a great opportunity for early adopters of this technology to own a piece of history and be part of something phenomenal.
In summary, Coinbase has launched the Ethereum L2 network base, which is an important milestone in the cryptocurrency market. To celebrate this achievement, Coinbase has created an NFT that can be cast for free within four days of the announcement. This NFT can be traded on OpenSea and other NFT markets. The three keywords that summarize this message are Coinbase, Ethereum L2 network, and NFT.
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