Coinbase has introduced a new app called Base, which combines functions of a crypto wallet, trading solutions, social networking, and messaging.
Update and Key Features of the Base App
At the 'A New Day One' conference in Los Angeles, Coinbase announced the rebranding of Coinbase Wallet to Base App. This super app is designed to integrate various features into a single platform.
Functionality and Applications
The app focuses on four core experiences: a social network, a hub for discovering and using decentralized apps, encrypted chatting, and a comprehensive trading and payments wallet. Key features include an integrated social network, crypto trading, and NFC payments through the USDC token.
Competition in the Super App Market
With the launch of the Base app, Coinbase enters the competitive space of super apps, joining companies like Meta and WeChat. Jesse Pollack, creator of Base, noted that this marks a new chapter in crypto innovation.
The Base app by Coinbase aims to expand economic freedom and user capabilities in the crypto space, offering a multitude of functions in a single solution.
