🪂Why Base Airdrop?
What is an airdrop?
An airdrop is a marketing strategy done by Crypto projects to encourage users to interact with their platforms. The exchange is simple: 'Use our platform and we might give you our token once it launches as a thankyou'
Why would a project do an airdrop?
There are many benefits to doing an airdrop, namely, it incentivizes early usage (even though all projects will be saying 'there is no airdrop'), generates mass awareness, and the influx of many more users when token airdrops. Air dropping to early users is also seen as the most fair distribution and helps projects fight the 'your token is a security' label from SEC. Lastly, airdrops gain significant attention online once they drop, driving a ton of eyes and thus buyers to their token.
Why is Base going to have an airdrop?
There is no guarantee that BASE does an airdrop. But we've decided to farm the BASE airdrop after multiple conversations we had with individuals in-the-know on the Coinbase/BASE situation (can't share more then that)
Our conversations brought us to three conclusions:
Coinbase saying they'll never launch a BASE token is a total bluff
Coinbase will only launch a BASE token if they can sufficiently meet the regulatory requirements of the US
Airdrops are the most regulatory compliant method of launching a token
What makes us bullish on BASE as a project?
Coinbase has over 75mil active users on their platform and just recently they launched their native chain, Base, which is a layer 2 on the Ethereum Blockchain.
Coinbase + BASE teams long term vision is to bring all of their existing and future Coinbase users on chain, by sending them to the BASE blockchain.
No other project in Crypto has an existing user base of tens of millions which will in future be funneled to their chain.
Can you imagine the valuation a BASE token would command during the bull market, as Coinbase, one of cryptos largest exchanges directly sends all the new user inflow directly to the BASE chain?
BASE has already solved the #1 problem blockchains face: Attracting users to interact with their protocol.
Now it just needs to solve the #2 problem: Building projects people actually want to use
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