Basecoin launch may be on the horizon! 13 popular apps worth investing in

With the imminent launch of the Base network's native token, which is projected to unlock up to $34 billion in value, here are 13 popular applications within the Base ecosystem that are considered worth investing in:

  • Base App: A one-stop Web3 platform integrating social networking, content creation, and payments, serving as the main entry point to the Base ecosystem.
  • Farcaster: A decentralized social media protocol that has expanded to multiple chains and recently integrated the AI-powered MEME token platform Clanker.
  • Zora: An on-chain social network allowing creators to tokenize content into NFTs, with support from Coinbase Ventures.
  • Virtuals Protocol: A platform for creating, co-owning, and monetizing autonomous AI agents.
  • Limitless: The largest decentralized prediction market on Base, with over $520 million in trading volume and backing from Coinbase Ventures.
  • Morpho: A decentralized lending protocol with over $12.6 billion in deposits and investment from Coinbase Ventures.
  • Aerodrome: A leading DEX in the Base ecosystem, with daily spot trading volume exceeding $560 million.
  • Bankr: An AI proxy platform and a representative project of the x402 protocol, supported by the Base Ecosystem Fund.
  • Football.Fun: A sports prediction app on Base, with its parent company Sport.Fun planning a Q4 token launch.
  • SynFutures: A perpetual DEX with over $307 billion in accumulated trading volume and recent token listings on major exchanges.
  • Avantis: A Perps DEX supporting leveraged trading in synthetic assets, with a daily trading volume over $150 million.
  • Glider: A crypto trading platform for building and executing investment strategies, backed by Coinbase Ventures and a16z.
  • Basenames: A service for acquiring unique base.eth usernames to facilitate on-chain identity and interaction.

These projects span various sectors, including social, DeFi, prediction markets, and AI, with many receiving frequent mentions from Base officials and investment from Coinbase Ventures.

Summary

By Nancy, PANews

With a surge of TGE projects, investors are accelerating their bets on a new round of airdrops. In this wave of token issuance, Base is undoubtedly one of the most popular ecosystems, with both network activity and funding continuing to rise.

Since the official announcement of the upcoming native token issuance in September of this year, Base co-founder Jesse Pollak recently reiterated that the Base token is about to launch, writing meaningfully in a tweet, "Build, create, trade, participate, and be rewarded." Meanwhile, according to a recent report from JPMorgan Chase, Base's TVL has exceeded $5 billion since its launch in August 2023, and the protocol processes an average of over 9 billion transactions per day. Based on current Base network activity and its high token economics, its token could unlock up to $34 billion in value, with the majority expected to be distributed to developers, validators, and the Base community.

As the countdown to Base's token launch approaches, PANews will review 13 popular applications within the Base ecosystem worth investing in, covering a variety of sectors, including social, DeFi, forecasting, and AI. Some of these projects have been frequently mentioned by Base officials, and many have received investment and support from Coinbase Ventures.

Base App

The Base App is a one-stop Web3 platform that integrates social networking, content creation, asset trading, instant messaging, and daily payments, serving as the primary entry point for users into the Base ecosystem. Currently in beta, the Base App has integrated numerous applications, including Farcaster, Zora, noice, Morpho, Virtuals, DIMO, Paragraph, and Giza.

Farcaster

Farcaster is a decentralized social media protocol designed to build sufficiently decentralized social networks that empower users and developers. The protocol has been extended to Ethereum, Solana, and HyperEVM, as well as Layer 2 platforms like Base and Arbitrum. A few days ago, Farcaster announced the addition of Clanker, an AI-powered MEME token issuance platform, to its ecosystem. Clanker automatically deploys tokens when users tag the project in Farcaster posts.

It is worth mentioning that all posts on the Base App will be published to Farcaster simultaneously, and vice versa. On-chain data shows that Farcaster gained approximately 30,000 Pro subscribers in October.

Related reading: " Farcaster acquires Clanker to fill its financial gap, is the social track booming again? "

Zora

Zora is an on-chain social network that allows creators to convert their posts into tokens or NFTs, effectively making content an asset. Recently, Zora not only hinted at the upcoming launch of a livestreaming feature, but also announced the launch of the Believe Fund, which will deploy 20 million ZORA tokens over the coming months to support up-and-coming creators. Separately, the Base App recently announced the launch of a creator token feature based on the Zora protocol, allowing users to tokenize their posts with a single click.

It is worth noting that Coinbase Ventures has participated in two rounds of financing for Zora.

Virtuals Protocol

Virtuals Protocol is a distribution and launch platform focused on AI agents, allowing users to create, co-own and monetize autonomous AI agents.

This month, Virtuals launched Unicorn Launch, a next-generation launch model designed to allow community members to truly co-own future AI agents while attracting high-quality founding teams to build the ecosystem over the long term. Meanwhile, the recent surge in popularity of the x402 protocol has once again catapulted Virtuals Protocol into the spotlight.

Limitless

Limitless is the largest decentralized prediction market on Base. Coinbase Ventures announced two rounds of investment in the market within just three months. Dune data shows that Limitless's total trading volume on Base has exceeded $520 million.

Morpho

Morpho, a decentralized lending protocol, launched on Base in June of last year. According to its official website, Morpho has over $12.6 billion in deposits, second only to Aave and Sky. Morpho has received two consecutive rounds of investment from Coinbase Ventures.

Aerodrome

Aerodrome is a leading DEX in the Base ecosystem. Artemis data shows that as of October 28th, Aerodrome's daily spot trading volume exceeded $560 million.

Bankr

Bankr is an AI proxy platform and a representative project of the x402 protocol on Base. As one of the proxy platforms integrated into the Base app, Coinbase Ventures announced at the end of July that it would support Bankr through the Base Ecosystem Fund.

Football.Fun

Football.Fun is a sports prediction app on the Base blockchain, receiving multiple official announcements of support from Base. Recently, its parent company, Sport.Fun, announced the Q4 launch of its FUN token, which will receive a share of the company's prediction market revenue. The platform also plans to expand its offerings to include basketball and rugby markets, as well as revenue-sharing programs.

Related reading: " Total player value exceeds $150 million. What is the Web3 sports platform Football.Fun that is trending? "

SynFutures

SynFutures is a Persistent DEX designed to compete with HyperLiquid and Aster. Its token has recently been listed on exchanges such as Upbit and Binance. According to its official website, as of October 28th, SynFutures V3 had accumulated $307.8 billion in trading volume, over 320,000 users, and accumulated revenue exceeding $72.7 million.

Avantis

Avantis is a Perps DEX that supports leveraged trading in synthetic cryptocurrencies, forex, and commodities, while allowing users to provide liquidity to these markets. Artemis data shows that as of October 28, Avantis' daily trading volume exceeded $150 million.

Glider

Glider is a crypto trading platform driven by chain abstraction and intent, allowing users to build, test, and execute investment strategies without programming. In April of this year, Glider announced it had secured $4 million in funding from investors including Coinbase Ventures and a16z.

Basenames

Base launched Basenames in August last year, allowing users to receive a unique base.eth username, making it easier and more convenient to connect, collaborate and contribute on the chain.

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Author: Nancy

This article represents the views of PANews columnist and does not represent PANews' position or legal liability.

The article and opinions do not constitute investment advice

Image source: Nancy. Please contact the author for removal if there is infringement.

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