
Base said it had allotted 600 ETH, worth $2 million, for developers who would build on the blockchain from June to August this year.
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“The learning phase is over. A new era is coming,” says CryptoQuant CEO Ki Young Ju.
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The “Onchain Summer” promotion drove activity to the new network, with hundreds of thousands of users minting NFTs in August.
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Block production on Base abruptly halted for 43 minutes as developers rushed to implement a fix.
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In just one week, Base has attracted hundreds of thousands of new users, attention from mainstay brands and artists, and unfortunately, scammers as well.
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