Why I minted 30k NFTs and you should too.
If you’ve been paying attention lately you’ve no doubt heard about Base, Coinbase’s L2 Network.
Base is built to be the onchain home for Coinbase products, users, and assets, as well as an open ecosystem where anyone can build for them.
But that’s not important.
What is important is….
Bridge by Base.
If you used this to transfer funds from Mainnet to Base you may have noticed that after every tx there’s a “mint NFT” option.
At first, I thought that this was just an interesting onboarding experience to get people to test out the minting process on an L2.
From a UX perspective, this approach makes sense, and it might still partially be about that.
However, what's one lesson we've learned in the NFT ecosystem?
Platforms reward early adopters of their products and services, through the distribution of tokens.
I'm referring to airdrops, of course.
Could it be that base has integrated the NFT mint function into this process as part of a potential airdrop?
IMO, airdrop possibilities could include:
Tokens based on NFTs minted.
Tokens based on the number of transactions.
Tokens based on some other function within the base platform.
Whatever the case, you can be certain that an airdrop is in the works. And when minting 10,000 NFTs costs $5 in gas, why not hedge your bets?
I'm keen to continue exploring what's happening on the base platform, whether there's an airdrop or not.
But rest assured, I'm going to figure out how to get my hands on jenny wealth.
Stay based.