Coinbase has release of an Ethereum bridge and NFT minting for its layer 2 network Base. Base is set to launch its mainnet on August 9 after opening to developers back in July.
The Ethereum bridge will allow Base users to transfer tokens including ETH between Coinbase’s network and Ethereum’s blockchain. This was previously impossible as developer access released in July only allowed one-way transactions to Base.
Starting August 9, users will also be able to mint NFTs on Base and claim digital ID or crypto usernames on Coinbase Wallet. Coinbase also partnered with names like OpenSea, Atari, and Coca-Cola to power user rewards.
Included in the official mainnet launch are commemorative NFTs as a part of a month-long “Onchain Summer” promotion for the layer 2 network.
