Coinbase's Base app just opened to millions of users with a social feed built on open protocols including Zora. Every post and creator token gets minted as a Zora coin, and creators earn 1% of all trading fees. The speakers argue Zora will capture massive fee revenue as Base's trading volume increases.
This coin is about to make me 8 figures in crypto. The Base app officially ended its beta. The floodgates are open.
And your community can share in the upside you create, and traders around the world can back the next generation of builders and creators. And this new economy, it comes together in the Base app. It looks a lot like the apps you're probably used to, but here everything you build and create has value. It's built on open protocols like Ethereum and Zora and Farcaster and XMTP that anyone can build on. And scrolling your feed, it actually makes you money. Until now, the Base app experience has been invite only. Over a million people have been patiently waiting as we let folks in to try the new experience. And over the last several months, we've been listening to feedback, shipping updates, and improving the app every single day. And the early results, they've blown us away. People are trading 5 times more with the new social feed.
Now he slightly mentions Zora, but you got to comprehend that the entire social media, all of Base's social media, uses the Zora launchpad mechanism. And so that basically means what I'm trying to say is everything that happens on Base, Zora gets a piece of it. Now we talked about this for a while. We already knew this was going to happen, but there's another thing he said. He opened beta access. He opened beta access and he said he had a million plus people that wanted access to the beta with the social media that he's talking about. And so that means that Zora gets a piece of all of that new demand, all those new people coming onto the app itself. Zora gets a piece of all of that. Take a look at the official Base documentation of the blockchain. As you can see right here, for content creators and social tokens, you see it very clearly right there. It says Zora. Each post becomes a coin with 1 billion supply. Creators receive 10 million tokens and earn 1% of all trading fees. And as you can see, the coin collected fees get paid out in Zora. So what I'm saying is Zora gets a piece of everything. There's other ways where there's accumulation in Zora. So essentially what I'm saying is in the base app, when you launch a creator token or you make a post, Zora will always have buy-side demand. And when people are buying into Zora through the natural mechanisms The price of Zora goes up. And what I'm saying is Coinbase just opened access to their beta to a million plus users. Like I'm telling you, I'm trying to—I don't know how else to do it—but I'm trying to tell you. You can even see it in the official Base app. As you can see, I connected my token right here. Earn trading fees in the coin you select. Creator coins earn in Zora. Zora—that's buy side demand for the Zora token coming directly from the market. So what I'm basically saying is the entire social media feed that just got unveiled with the biggest credibility in all of crypto, Zora eats off of all of it. It all trickles down to Zora because they're the back end of the social media itself. Pay attention.
