Quicknode

May 6, 2024 — 6 min read

2024 has kicked off with a great sense of optimism in the cryptocurrency community, hinting at the dawn of a new bull market. This surge in market enthusiasm is not just a mere fluctuation; it represents a shift as innovative minds enter the space, ready to disrupt and redefine the technological landscape.

Amidst this rush of activity, new and ambitious projects are emerging, each bringing fresh ideas, groundbreaking technologies, and new communities aimed at transforming the industry. These initiatives signal a time of restoration and growth, where adaptability and innovative thinking are key to capturing market opportunities.

One of the standout players spearheading this transformative wave is Coinbase. Known primarily for its robust platform that simplifies buying, selling, and managing cryptocurrencies, Coinbase is expanding its influence and capabilities in remarkable ways.

What is Base?

Beyond its role as a trading platform, Coinbase is at the forefront of numerous initiatives to enhance blockchain technology's accessibility and effectiveness.

2024 sees Coinbase not just as a facilitator of cryptocurrency transactions but as an innovator with the launch of Base, its layer-2 blockchain solution built on Ethereum and the OP Stack. This strategic development is designed to tackle some of the most pressing issues in blockchain technology today, such as scalability and transaction costs, making digital currencies more accessible to the public and practical for developers.

Base is a testament to Coinbase’s commitment to not only keep pace with the evolving blockchain landscape but to lead it. By reducing the barriers to blockchain and crypto adoption, Coinbase is setting the stage for exponential growth and continued innovation in the sector.

As the year progresses, the impact of Coinbase’s expansions and the growth of its new Base platform will likely be significant markers of its potential to influence the broader blockchain ecosystem.

Source: Base

Base Airdrop: What you need to know

Although unannounced, there is speculation that Base may participate in an airdrop to give adopters and early users a token of appreciation. Follow the steps below to interact with Base and potentially be eligible for the mainnet airdrop!

Here is a simple process on how you can be eligible for the airdrop using Quicknode's faucet:

Step 1:

• Visit the Quicknode Faucet and claim free Base Sepolia Tokens. These will be essential for interacting with other dapps.

  • Connect your wallet.

  • Claim Testnet Tokens.

Use the Official Base Bridge

Step 1: Go to https://bridge.base.org/

Step 2: Click on Connect wallet

Step 3: Click on Bridge assets

Step 4: Key in bridging details

You can specify the type of asset to bridge, and specify the quantity.

Step 5: Click on Deposit ETH

How to add Base to Metamask

To add Base to Metamask, follow these steps:

Step 1: Click on the network selector button. (This will display a list of networks that you've added already.)

Step 2: Click 'Add network' to get started.

Step 3: MetaMask will open in a new tab in fullscreen mode. From here, find the 'Add network' button at the bottom of the network list.

Step 4: Fill in the fields and click 'Save' to add the network.

After going through the steps above, you will see the recently added network in your wallet. And it will always be there in the future.

• Network Name: Base Mainnet

• RPC Endpoint: Get a free Base RPC at Quicknode.com

• Chain ID: 8453

• Currency Symbol: ETH

• Block Explorer: https://basescan.org

Step 6: Hit save

Interact with ZORA on Base

ZORA is an NFT marketplace protocol. It never goes down, it’s composable, immutable, universally accessible, and censorship-resistant. ZORA V3 includes some novel mechanisms that incentivize platforms built on the protocol, as well as a groundbreaking modular architectural design that allows for a permissionless systems that can continue to deploy new versions.

ZORA has raised a total of $60M in funding from prominent investors like Paradigm and Coinbase Ventures. They don’t have an own token but could launch one in the future. Early users who’ve bought, listed or sold NFTs and also tried out their testnet may get an airdrop if they launch an own token.

Step 1: Visit the ZORA website

Step 2: Connect your ETH wallet.

Step 3: Create your own profile

Step 4: Interact with ZORA or even buy an NFT to show interest/activity.

Step 5: Visit their testnet page, add ZORA testnet to Metamask from the testnet page.

Step 6: Get some Goerli ETH from here.

Step 7: Bridge the testnet ETH to ZORA testnet from here.

DeBridge Airdrop

DeBridge facilitates advanced cross-chain interactions, offering more than simple asset transfers by enabling comprehensive decentralized messaging across blockchains.

Check out DeBridge Finance.

Steps to participate:

Step 1: Execute cross-chain bridges: Transfer data and assets seamlessly between different blockchains.

Step 2: Connect your Base wallet:

Step 3: Use the DeBridge platform to swap to Base.

Although an airdrop is not confirmed nor guaranteed, participating on Base will likely help determine the eligibility and criteria.

It's important to note that the information provided in this blog is for educational purposes only. Before making any decisions based on this content, we urge readers to perform their own due diligence. We are not liable for any losses incurred and our aim is to educate and inform, not to provide financial advice.

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