Base announces “Build on Base” bounty winners as Percent AI, Rhinestone, and Inheritable

On March 21st, Coinbase Layer 2 Network Base announced the winner of the “Build on Base” 15000 USD DC bounty from ETH Driver BUIDLathon, including Decent AI, Rhinestone, and Inheritable.

Interpretation of this information:

The recent announcement made by Coinbase Layer 2 Network Base regarding the winners of the “Build on Base” 15000 USD DC bounty from ETH Driver BUIDLathon has caught the attention of the crypto community. The competition was launched as a way to inspire developers to build decentralized applications (DApps) on the Layer 2 Base Network of Coinbase.

The three winners, Decent AI, Rhinestone, and Inheritable, were selected based on the technical strength of their DApps and their potential impact on the crypto ecosystem. Decent AI, for instance, created an AI-powered decentralized protocol that facilitates automated trading on the Layer 2 Base Network. Rhinestone, on the other hand, developed a platform for the creation of non-fungible tokens (NFTs) that can be easily traded on the network. And finally, Inheritable built a DApp that enables the creation of decentralized inheritance plans for crypto assets.

The Build on Base campaign reflects Coinbase’s commitment to promoting the growth of the decentralized web while also showcasing their Layer 2 protocol, which is designed to reduce gas fees and increase transaction speed. The competition encouraged the development of innovative and useful DApps that leverage the unique features of the Base network, such as its scalability and interoperability.

Overall, the winners of the Build on Base campaign represent a diverse range of applications that have the potential to drive adoption and growth of decentralized systems. Their contributions to the crypto community are not only significant in terms of their technical achievements but also in terms of their potential to increase accessibility and ease of use for crypto applications.