Tso Thoughts | July 2024, Onchain and Offgrid

See you at BaseCamp!

July 31 - August 1

Base

Who’s ready for BaseCamp?

In just a few days, 350 builders will arrive to the mountains of Idyllwild, California for a summit on the future of our onchain ecosystem

Here's what to expect

basecamp2024.splashthat.com

David Tso (dave.base.eth) 🛡️

One based team, one based dream: building a global onchain economy that increases innovation, creativity, and freedom

jesse.base.eth

400 folks are coming, but there are tens of thousands based builders all around the world.

know this: we see you.

and we will never stop supporting you: trying products, giving feedback, making connections, getting funding, and hyping you up.

one based team, one based dream.

David Tso (dave.base.eth) 🛡️

BaseCamp is about all of us

Builders across @base, the Superchain, Ethereum, and beyond

All coming together to build a better future onchain

Base

It’s almost time for BaseCamp

David Tso (dave.base.eth) 🛡️

Camp is in session

David Tso (dave.base.eth) 🛡️

So grateful for all the based builders around the world who joined us

Base

Welcome to BaseCamp

Over 350 builders have come together in the mountains of Idyllwild, California to build the future of our onchain ecosystem

David Tso (dave.base.eth) 🛡️

Leaving BaseCamp as fired up as ever

The @base ecosystem is what it is today because of all of you who have contributed to bringing it to life

So excited to keep building with y’all

David Tso (dave.base.eth) 🛡️

It’s always a great day to build, create, and support others on @base

Feels good to be back at our onchain office

David Tso (dave.base.eth) 🛡️

onchain-summer.devfolio.co

5000+ builders created 1255 apps in 30 days, all on @base during the Onchain Summer Buildathon

Never stop building

Onchain Summer Buildathon | Devfolio

Build the next generation of the internet

David Tso (dave.base.eth) 🛡️

Onchain is a positive sum game

If you spend your time building, you’ll encounter other positive sum builders

And we’ll go further, faster by working together

David Tso (dave.base.eth) 🛡️

Coffee tastes better when you buy it on @base

Zero fees with $USDC

More money for the local business you love

Chintan Turakhia🛡️

@chintanturakhia

2.5%+ in fees are collected by payment processors. $billions annually.

Instead, stream it directly back to your supply chain. Meet Marco, who runs a coffee farm in Costa Rica.

A new system is possible. We are building it.

Check out @base Cafe at Eth CC and see it in action.

David Tso (dave.base.eth) 🛡️

Everyone in the @base ecosystem is a part of one big team

We welcome everyone, we support one other, and we all win together

This is the Base way

David Tso (dave.base.eth) 🛡️

Everyone is a builder on @base

Everyone can be a part of Onchain Summer

There’s a reason we say Base is for everyone

Base

Onchain Summer is for everyone, and we want to showcase what you've built

Submit your projects to the Onchain Summer Registry

base.org/registry

David Tso (dave.base.eth) 🛡️

Base builders…

Collaborate
Lead the way
Think long term
Tune out the noise
Go above and beyond
Stay relentlessly positive

David Tso (dave.base.eth) 🛡️

Get a 360° view of all of your onchain activity – all in one unified platform

Onchain Summer on @base is just getting started with @CoinbaseWallet!

Coinbase Wallet 🛡️

@CoinbaseWallet

Meet the new Coinbase Wallet web app.

All of your crypto. All of your wallets. All in one place.

Your new home for everything onchain.

→ wallet.coinbase.com/ocs

David Tso (dave.base.eth) 🛡️

Our belief at @base: so much more can be achieved when we build together

David Tso (dave.base.eth) 🛡️

At @base and @coinbasewallet, we’re making crypto the easiest way to pay for anything

Amhed

@amhedH

5/ We alpha-tested a new tap-to-pay feature for instant payments. Some of the reactions:

- Wow
- Wait… That's it?
- That was smooth

David Tso (dave.base.eth) 🛡️

Base is for builders and creators everywhere who share a common vision:

Building a global onchain economy that increases innovation, creativity, and freedom

David Tso (dave.base.eth) 🛡️

If you build on @base, you will be rewarded

It’s that simple

Base

Over 175 builders on Base were allocated more than 9 million OP tokens through @Optimism's latest retro funding round

Build on the Superchain, build on Base, be rewarded

David Tso (dave.base.eth) 🛡️

Base is nothing without the people who build on @base

David Tso (dave.base.eth) 🛡️

Higher together ↑

jesse.base.eth

first >4m tx days and >25m tx week on @base

David Tso (dave.base.eth) 🛡️

b̶l̶o̶c̶k̶c̶h̶a̶i̶n̶ w̶e̶b̶3̶ c̶r̶y̶p̶t̶o̶ o̶n̶-̶c̶h̶a̶i̶n̶ O̶n̶C̶h̶a̶i̶n̶

onchain

Viktor Bunin 🛡️🇺🇸

@ViktorBunin

Base is bringing the world onchain

David Tso (dave.base.eth) 🛡️

d̶A̶p̶p̶s̶ d̶a̶p̶p̶s̶ d̶e̶c̶e̶n̶t̶r̶a̶l̶i̶z̶e̶d̶-̶a̶p̶p̶s̶

apps

jesse.base.eth

as of today, it's just "apps" on @CoinbaseWallet

it was dApps, then dapps but the reality is simple: we're building world-class apps, they just use onchain to be 10x better, 10x cheaper, & 10x more accessible to everyone.

let's show the world how incredible onchain apps are.

David Tso (dave.base.eth) 🛡️

Onchain is…

Open
Global
For everyone
A new system
The next online

And you’re a part of it

David Tso (dave.base.eth) 🛡️

Base continues to scale

Fees

Adoption

Token Terminal

@tokenterminal

The state of @base: avg tx fees

, adoption

1. ~$2.3 billion has been bridged from the Ethereum L1 to the Base L2

2. There's close to $3 billion of natively minted USDC on Base

3. In June '24, ~290k unique EOAs deployed contracts on Base

4. The avg tx fee on Base has…

David Tso (dave.base.eth) 🛡️

Base is far greater than just the core team

You bring @base to life by building and creating, no matter where you are

David Tso (dave.base.eth) 🛡️

Build on @base → get distribution

Now easier and more accessible than ever through our new Onchain Content Network across 10+ platforms

Our team will keep pushing relentlessly to help builders generate more distribution

Base

We want to share what you're building with millions of people

Introducing the Onchain Content Network: @coinbase, @coinbasewallet, @cymbalxyz, @daylight, @floor, @foragexyz_, @layer3xyz, @magiceden, @mintify, @opensea, @rainbowdotme, @roam_xyz

base.mirror.xyz/fD9-3Bl_3PLoUw…

David Tso (dave.base.eth) 🛡️

Can confirm that everyone at @base is in zone 3-5

Job’s not finished

jesse.base.eth

PSA: the @base core team is going into zone 3-5 through end of summer

why? because the technology is finally is ready and it's time to bring the world onchain

David Tso (dave.base.eth) 🛡️

The global economy will be onchain

And @base will be the center of the global onchain economy

jesse.base.eth

. @base now has the top EVM volume pair

David Tso (dave.base.eth) 🛡️

Great to see @base quickly become the home for creators and collectors

Spencer Noon 🕛

@spencernoon

.@base users & volume on @opensea surged in Q2, even passing Ethereum in terms of users…

Chart via: @Bhami628

David Tso (dave.base.eth) 🛡️

This Onchain Summer, we want your help bringing more people onchain

Go build or find something cool onchain and share it with a friend

Aim to onboard a new person onchain every day

David Tso (dave.base.eth) 🛡️

On @base:

- Everyone, everywhere has access to world-class money
- Creators are earning more with their creativity, art, and music
- People are playing games that are actually fun and enjoyable

Nothing like building the global onchain economy together

David Tso (dave.base.eth) 🛡️

One of @base’s core values is building in public

Building in public is one of the best ways to get better as a builder, validate your ideas, and create products people love

Based builders build in public

David Tso (dave.base.eth) 🛡️

You can now transfer assets to @base in the @coinbase app for free

Base is the cheapest and fastest way to get onchain

Coinbase 🛡️

Getting onchain is now free. Zero fees to transfer assets from Coinbase to Base in seconds. Money moves faster and cheaper onchain.

coinbase.com/send

David Tso (dave.base.eth) 🛡️

Calling all students and student blockchain organizations!

@CUBlockchain @PennBlockchain @BlockchainatCU @NYUBlockchain @HBSCryptoClub @Voxchain @BrownUCrypto @YaleBlockchain @MITBitcoinClub @CalBlockchain @wlooblockchain @ubcblockchain_ @camblockchains

@base is for everyone

wbnns.base.eth

@wbnns

Are you a student interested in @base and opportunities in the ecosystem? Come join us on Telegram! t.me/+-ucX6ACpa0E0Y…

David Tso (dave.base.eth) 🛡️

Come on over to @base, it’s Onchain Summer and the water’s warm

David Tso (dave.base.eth) 🛡️

At @coinbase, we’re bringing the top currencies in the world onchain

@circle’s $EURC is now live on @base

Base

The euro is now on Base. We’re bringing the global economy onchain — first with USDC, and now EURC

Issued by @circle, MiCA compliant in the EU, and globally accessible, it's easy to get started:
- Zero fee Coinbase -> Base transfers
- Zero fee EURC sends on Base with Coinbase…

David Tso (dave.base.eth) 🛡️

Base is for everyone

@moshicamera is for everyone

Moshicam

@moshicamera

since everyone loved sharing their moshis so much...

we are now OPEN TO EVERYONE!

and to kick things off, we're partnering with @base's Touch Grass campaign to give away 3 ETH in rewards this week

see instructions at end of thread for how ↓

David Tso (dave.base.eth) 🛡️

Paris 2024 @Olympics is celebrating on @base with two commemorative pins

Own a piece of the Paris 2024 Olympics

Base

OᑎᑕᕼᗩIᑎ ᔑᑌᗰᗰEᖇ

@nWayGames is bringing the @Olympics onchain with two unique digital collectibles

Secure a piece of history with one of two pins featuring the Paris 2024 mascot on @MagicEden

magiceden.io/launchpad/base…

David Tso (dave.base.eth) 🛡️

Legendary collab between:

My favorite artist @DanielArsham

My favorite sport @usabasketball

My favorite company @coinbase

So based

Coinbase 🛡️

We're teaming up with renowned artist @DanielArsham to celebrate 50 years of @usabasketball.

Own a piece of art & sports history—for free.
Because fandom moves forward onchain.

→ seasonalerosion.xyz

Gas fees may apply. Save with Smart Wallet, available on the site.

David Tso (dave.base.eth) 🛡️

Another legendary artist, @takashipom, just dropped a trading card collection on @base today

Which cards will you pull? ✿

Coinbase 🛡️

Onchain Summer

@takashipom's 'Murakami․Flowers' first appeared in April 2022. Among the 11,664 NFTs generated, 108 secret images were hidden.

Those '108 Flowers' were reimagined as onchain collectible cards and are available for 48 hrs on @base.

→ wallet.coinbase.com/ocs/play?refer…

David Tso (dave.base.eth) 🛡️

To celebrate Spain and Argentina winning the EURO 2024 and Copa América 2024, @adidas launched their second mint on @base

Vamos!

Base

ᔑᑌᗰᗰEᖇ ᔑᑭOTLIGHT

The onchain Summer of Sports continues as @adidas commemorates Spain & Argentina’s victories

Owners of all 3 collectibles from adidas’ debut mint have been gifted these new editions, displaying each team’s signature colors

wallet.coinbase.com/ocs/play?chall…

David Tso (dave.base.eth) 🛡️

"onchain" /[ɒn.tʃeɪn]/ (n.): an internet by creators, for creators, that rewards the creators who create the creative creations we love

jesse.base.eth

"onchain" /[ɒn.tʃeɪn]/ (n.): an internet by creators, for creators, that rewards the creators who create the creative creations we love.

David Tso (dave.base.eth) 🛡️

With @crowdmuse, any creator in the world can unlock their creativity through:

- Selling onchain + physical products via $USDC on @base or Credit Card
- Collaborating with other creators, attributing them, and sharing revenue
- Owning their design assets and IP and getting…

Crowdmuse

@crowdmuse

Crowdmuse is now open!

// Create digital + physical products onchain in minutes
// Collaborators earn from splits on product sales automagically
// Seamless USDC + Credit Card payments and ecommerce checkout
// Support for @base @Optimism @zora + more

More on what open…

David Tso (dave.base.eth) 🛡️

Talk about a throwback

@limewire

x @base

Base

OᑎᑕᕼᗩIᑎ ᔑᑌᗰᗰEᖇ

Non-Fungible Torrents is a limited edition onchain collection from @limewire

Each mint contains music or limited edition merch

wallet.coinbase.com/summer/play?re…

David Tso (dave.base.eth) 🛡️

Another slam dunk from @DanielArsham, @usabasketball, and @coinbase

Coinbase 🛡️

Building a championship team takes time.
And this @usabasketball piece just entered its second season.

Collect any of the four NFTs in the series and you could win a very special prize from @DanielArsham.

→ seasonalerosion.xyz

David Tso (dave.base.eth) 🛡️

We collaborated with @AtariX and @stackdotso to let you relive your childhood memories in the new Onchain Arcade

Brb playing Asteroids…

Base

OᑎᑕᕼᗩIᑎ ᔑᑌᗰᗰEᖇ

@AtariX is bringing arcade classics like Asteroids and Breakout onchain

Built with @stackdotso, @msenyil, and @mx1000m, mint proceeds are distributed to the developers, artists, and builders behind each game

arcade.fun/asteroids

David Tso (dave.base.eth) 🛡️

Massive!! Couldn’t be more stoked for @darylX24, @viktoriya0x, and the @npclabs_org team

@b3dotfun is making mass-market onchain gaming a reality, and you’ll be hearing a lot more about them in the future, I’m sure of it

David Tso (dave.base.eth) 🛡️

Huge kudos to @ljxie and team for telling the story of @VitalikButerin and the world coming onchain

This decentralized, crowdfunded, and community-made @EthereumFilm documentary will go down in the history books

Linda Xie

@ljxie

Excited that our @Ethereumfilm feature documentary trailer for “Vitalik: An Ethereum Story” is live!!

3 years in the making, funded by the Ethereum community, and a full crypto-native distribution to release it

Watch and mint the full trailer at ethereumfilm.xyz

David Tso (dave.base.eth) 🛡️

Fire an onchain recipe book – yes, chef!

The @base community has been cooking

Base

OᑎᑕᕼᗩIᑎ ᔑᑌᗰᗰEᖇ

COOKBOOK is an onchain community cookbook created by award-winning chef and restaurateur, @jeremyfall

Minting grants access to a token-gated recipe site that anyone can contribute to

wallet.coinbase.com/ocs/play?chall…

David Tso (dave.base.eth) 🛡️

There’s so much energy, creativity, and fun happening on @base right now

Love to see consumer apps like @nftarot_xyz

Base

ᔑᑌᗰᗰEᖇ ᔑᑭOTLIGHT

NFTarot is an onchain tarot card app from @taramoves that mints a personalized reading based on your selection and your wallet address

Breathe deeply, focus on your intentions, and pull a card onchain

wallet.coinbase.com/ocs/play?chall…

David Tso (dave.base.eth) 🛡️

This is what mainstream adoption looks like

The incredible @doodles team leading the way, on @base

ᴗ

doodles

@doodles

officially presenting Doodles Records and its first project, the 'Dullsville and the Doodleverse' soundtrack

produced by @pharrell
featuring @LilTunechi @SwaeLee @LilYachty @coi_leray + kyle richh

details ↓

David Tso (dave.base.eth) 🛡️

D

dlesᵗᵛ Super Pass

Now live exclusively on @base and @CoinbaseWallet

doodles

@doodles

Doodlesᵗᵛ Super Pass (Season 1) is here

be first to experience the digital debut of our animated special ‘Dullsville and the Doodleverse’ and the accompanying soundtrack, featuring music by @Pharrell

minting exclusively on @CoinbaseWallet

be first: wallet.coinbase.com/nft/mint/doodl…

David Tso (dave.base.eth) 🛡️

What if you were rewarded for eating at your favorite restaurants?

What if your favorite restaurants could cut out high-fee credit card companies?

That’s exactly what @blackbird_xyz’s Flynet enables, built on @base

Base

Flynet from @blackbird_xyz, the new L3 built on Base, brings a new way to pay that lets diners leave when they're ready without waiting for a check

Plus, restaurants save big with lower fees

This is what bringing real-world businesses onchain looks like

David Tso (dave.base.eth) 🛡️

Did somebody say onchain commerce?

Shop onchain this summer, powered by @slice__so

Base

OᑎᑕᕼᗩIᑎ ᔑᑌᗰᗰEᖇ

The Coinbase Summer Shop is an onchain marketplace featuring 100+ unique items from talented creators

Powered by @slice__so, this is a new hub for onchain physical goods

wallet.coinbase.com/ocs/shop

David Tso (dave.base.eth) 🛡️

Onchain is a new technology changing the world for the better

Mint the world’s first digital plants that absorb carbon on @base

Base

OᑎᑕᕼᗩIᑎ ᔑᑌᗰᗰEᖇ

plant-based is a (re)generative art series by @cyrusclarke that evolves, grows, and stores carbon via verifiable credits developed by @toucanprotocol

Mint to support climate action

wallet.coinbase.com/ocs/play?chall…

David Tso (dave.base.eth) 🛡️

Based @doodles x @DrinkAriZona

David Tso (dave.base.eth) 🛡️

We’re making smart accounts the new default on @base, and we’re giving developers world-class tooling to do it

If you’re building this, please reach out

jesse.base.eth

it's onchain smart account summer on @base

David Tso (dave.base.eth) 🛡️

The @base core protocol team is relentlessly focused on shipping upgrades like Fjord that will continue to make transactions on Base cheaper and cheaper

Onward and onchain

jesse.base.eth

pretty epic to see the impact of the fjord upgrade yesterday on blobspace

@base now publishes way fewer blobs, which means lower fees for users AND more blobspace for everyone else

David Tso (dave.base.eth) 🛡️

ICYMI: @Onchainkit is the best toolkit to build apps onchain

Oh, and it’s completely free, fully open source, and available for anyone to use

OnchainKit

@OnchainKit

Our landing page just got an upgrade

We're not stopping until we become the best toolkit to build apps onchain.

Get started now: onchainkit.xyz

npm install @ coinbase/onchainkit

David Tso (dave.base.eth) 🛡️

This is how every onchain app should work

cygaar

@0xCygaar

Took less than a minute to create a wallet and participate in Onchain Summer through an NFT mint.

No existing wallet, no bridging, no secret phrases.

This is how account abstraction will create experiences that are intuitive and easy for mass retail.

Great work @base

David Tso (dave.base.eth) 🛡️

The team will keep scaling @base thoughtfully and methodically until the entire world is onchain

jesse.base.eth

we just raised the @base gas target to 8.75 MGas/s

more capacity, more transactions, cheaper fees

one step closer to 1 Ggas/s

David Tso (dave.base.eth) 🛡️

Fault proofs allow anyone to permissionlessly make or challenge a proposal about the state of an L2

Fault proofs are now live on @base testnet, paving the way for bringing fault proofs to mainnet and getting to Stage 1 decentralization soon

Base

We’re taking a step towards the next stage of decentralization

Fault proofs are live on Base Sepolia testnet

base.mirror.xyz/Odr64Blt1YLjR2…

David Tso (dave.base.eth) 🛡️

Another @base gas target increase! We now have:

↑ even higher transaction capacity
↓ even lower transaction fees

We’re getting closer and closer to achieving 1 Ggas/s throughput AKA crypto’s broadband moment

jesse.base.eth

the @base gas target has been raised to 9.375 Mgas/s

David Tso (dave.base.eth) 🛡️

We’re working hard to make every transaction on @base under 1 second and 1 cent to bring in the next wave of adoption

Token Terminal

@tokenterminal

on the path towards consumer-friendly UX!

David Tso (dave.base.eth) 🛡️

Driving down fees on @base will always be a P0

Just getting started

jesse.base.eth

the @base gas target is now 10 Mgas/s

up 4x from 2.5 Mgas/s this year

now 1/100 of the way to our goal of 1 Ggas/s

still day one

David Tso (dave.base.eth) 🛡️

One based profile, every onchain app

Base