Base's Ecosystem

Base was announced in February 2023 as part of the broader strategy of Coinbase to build out a better financial system. From the start, it was designed and positioned as a network targeted for an enhanced experience for both users and developers. The seamless integration with Coinbase’s products and services, along with some more advanced features such as Smart Wallet, Base was already well on its way to deliver on that mission from the get-go.

Consequently, Base saw its testnet in July 2023, with mainnet going live in the following month already: August 2023. Various protocols had already launched in testnet, and directly went onto mainnet to form a solid foundation for the ecosystem. One of the first to gain significant traction was Friend.Tech, a social platform that enabled users to tokenise their social reach. Other major protocols included Aerodrome and Aave, which still hold major positions on Base.

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A few months later, the fun started: memecoins started to take over. Using the financial foundation that had been built, combined with Coinbase’s reach, user-friendliness, and viral culture, numerous memecoins popped up. Early front-runners included BRETT, TOSHI, and BALD. The memes were strong and their tokens did better. The meteoric rises of some memecoins -and falls of others- have made for a wild rollercoaster ride to enjoy, attracting many traders and speculators. To this day, memecoins are still thriving in the vibrant and growing ecosystem of Base.

So vibrant is the ecosystem that it managed to capture another trend, one that is captivating investors globally: AI.

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AI itself is taking over many conversations among investors and their theses, not only in crypto or traditional Finance, but traditional businesses too. With only a select number of assets available to invest in the AI-narrative on the stock market, the decentralised web became an attractive place to invest in this new technology. The intersection of crypto and AI is touted as a perfect combination as AI, and specifically AI Agents, are natural users of blockchain technology and its economy. So much so that a new sector was born: DeFAI. Both AI and DeFAI have seen tremendous growth and activity in both infrastructure and specific AI Agents; Virtuals and AIXBT have taken the lead here. Without going too much into the sector, there are new developments every week, really, and it is not showing any signs of slowing down.

Neither are the integrations on DegenPrime! We aim to list new promising tokens as soon as possible to provide you with a variety of opportunities.