Coca-Cola and Top DAOs Join Coinbase's 'Onchain Summer' Web3 Festival for Base Launch
Crypto exchange Coinbase has kicked off the multi-week Onchain Summer event to celebrate the launch of its much-anticipated Layer 2 network Base. The crypto giant said that each week in the series will bring new activations across Web3, including art, music, culture, and gaming.
Companies, artists, and creators will be running onchain events "that will make crypto more accessible, fun, and useful than ever before," Coinbase said. New mints will happen daily from August 9 through August 31.
The exchange wants users to bridge their ETH to the new network to mint a free NFT - hence, boosting the activity and engagement on Base. The "first-of-its-kind onchain festival" includes "over 50 leading brands, platforms, marketplaces, artists, and creators," Coinbase said.
Popular decentralized autonomous organizations (DAOs), such as Nouns and Friends With Benefits will participate, as will the soft drink giant Coca-Cola.
