Ethereum

Franklin

Social Finance

Base

<p>The multi-trillion-dollar asset manager, <a href="https://www.cryptopolitan.com/franklin-templeton-spot-ethereum-etf-on-dtcc/" rel="noopener noreferrer nofollow">Franklin Templeton</a>, has designated Base as one of the key participants in the developing field of Social Finance (SocialFi) applications.&nbsp;</p>
<h2 class="wp-block-heading" id="base-leading-charge-in-socialfi">Base leading charge in SocialFi&nbsp;</h2>
<p>As per the <a href="https://twitter.com/FTI_DA/status/1788617086261944799" rel="noopener noreferrer nofollow" target="_blank">report</a> from the investment firm, Franklin Templeton argues that SocialFi activity is likely to be headed by Base, a recently launched L2 Ethereum technology.&nbsp; Base will have significant dominance with industry leaders to expand the Ethereum L2 frontier&nbsp;</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">It's Base Season <a href="https://t.co/kAhcwkpreE" rel="noopener noreferrer nofollow" target="_blank">pic.twitter.com/kAhcwkpreE</a></p>— Franklin Templeton Digital Assets (@FTI_DA) <a href="https://twitter.com/FTI_DA/status/1788617086261944799?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">May 9, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>The report shows that Base conducts 46% of the overall social-fi transactions on-chain, more than BNB Chain and Polygon. This has demonstrated significant volume growth in recent months, which means the Base is developing as a sector leader.&nbsp;</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/WsnUL4e1kGgPWIsDNWpiWq26-VO_158QwPp_fuNMa2urhfKjibyATxYv88notlaIPBOBruvgg9NGPWU6NsVsN9wmrr86bq_hwhZmsrl4Vt6RY6ygFca_ZLGs9VG2JiRgCEB9lBWi-rtMpEUsITXorrs" alt="">
</figure>
<h2 class="wp-block-heading" id="support-from-coinbase-pushes-base-forward">Support from Coinbase pushes Base forward.&nbsp;</h2>
<p>&nbsp;According to Franklin Templeton, whose estimates were based on the partnership with Coinbase, a major cryptocurrency exchange and investor education platform, Base has made great progress. Over time, the platform has established itself in the crypto social networking market by amassing a large portion of the SocialFi market share, accounting for about half of the category.&nbsp;</p>
<p>It has been among the breakthrough platforms that attracted attention in the SocialFi area and is referred to as “Friends” by its users. This platform provides a link between the creators and their followers while still giving them the chance to make money through innovative approaches such as “key” shares or “tokenized attention” schemes. The emergence of these elements proves to be a medium that mentors a blockchain for SocialFi innovations.&nbsp;<br></p>

Franklin Templeton identifies Base as a dominant player in the SocialFi sector

目录

Cryptopolitan_News

发布于 2024年5月10日的其他文章

Three Must-Have Cryptocurrencies Ahead of Market Resurgence: DOGE, BONK and KANG

BlockDAG’s Updated Roadmap And $100M Liquidity Plan Outshine ETH Price Forecast And Cardano Alter...

XRP News: Ripple’s Defense Against SEC Stablecoin Claims Bolstered by Binance Case

Is DWF Labs Market Manipulation Being Covered By Binance, Or Is There An Important Secret?

BTC Price Soars Ahead Of 18,000 Bitcoin Options Expiry Today, What’s Next?

Anticipated Project Finally Announced Airdrop Distribution: Here is the Date and Details

订阅我们免费的电子期刊，获取每日最新加密领域动态！