March 31, 2023

Coinbase Protocols Lead Talks Plans for Base and NFT Marketplace

Denver, Colorado – Coinbase protocols lead Jesse Pollak recently sat down with Decrypt’s Jason Nelson at ETH Denver 2023 to discuss the company’s innovation strategy and its plans for its newly announced Layer-2 blockchain Base and Coinbase NFT marketplace.

Pollak emphasized the importance of “iterating quickly” on products and services to stay ahead of the competition. He also spoke about Coinbase’s efforts to become an “on-chain-native company,” meaning that the company’s products and services will be fully integrated with blockchain technology.

One of Coinbase’s latest innovations is Base, a Layer-2 blockchain that aims to improve the scalability and speed of transactions on the Ethereum network. Pollak explained that Base will allow Coinbase to offer faster and cheaper transactions for its users, while also reducing the network congestion that has plagued Ethereum in recent years.

In addition to Base, Coinbase is also focusing on its NFT marketplace, which allows users to buy, sell, and trade non-fungible tokens (NFTs). Pollak noted that NFTs have become increasingly popular in recent years, and Coinbase is committed to providing a user-friendly platform for buying and selling these unique digital assets.

Overall, Pollak’s interview with Decrypt highlighted Coinbase’s commitment to innovation and its efforts to stay ahead of the curve in the rapidly evolving world of blockchain technology. With products like Base and Coinbase NFT, the company is well-positioned to continue leading the way in the crypto space.

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