Crypto News – The Coca-Cola Masterpiece NFT set will make a significant appearance in Layer 2 Base’s Onchain Summer Program. Its mint date is August 16, and its price ranges from 0.001 to 0.014 ETH/NFT. Coinbase also formally released the mainnet layer 2 Base blockchain during a month-long launch event dubbed “Onchain Summer,” following a protracted period of testing and development.
Coca-Cola Masterpiece NFT Series Introduced as part of the Onchain Summer Program
A series of Web3 events focused on music, games, and art make up the Onchain Summer program, which honors the Base mainnet’s debut. More than 50 companies, including Coca-Cola, Friends With Benefits, a social decentralized autonomous organization (DAO), and NFT creation platform Zora, will launch NFT on the Base network between now and the end of August.
Onchain Summer to Showcase Different Aspects of NFTs
Web3 projects are finding it difficult to grow in a year where NFT trade activity has decreased by approximately 50% since January. Onchain Summer, according to Jesse Pollak, Protocols Lead at Coinbase, wants to demonstrate how NFTs may be used as a technology rather than as a speculative asset.
In this direction, Coinbase is urging customers to link their Ether to Base for free NFT minting to commemorate the launch of the Base mainnet in order to increase community participation around Base. Base has drawn a lot of public interest since the announcement was made. Usually, this layer2’s total locked value (TVL) was around $118 million, placing it 19th overall. On Base, there are currently more than 100 dApps, some of which were made by developers who obtained early access last month.
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