Breaking: Coinbase & Echo.xyz Team Up for Base Funding πŸ’ΈπŸš€

πŸ‘€Coinbase Ventures, you know, the cool kid on the blockchain block, just announced they’re now a “Group Lead” with Echo.xyz, the on-chain private investment platform. Why? To pour money into startups building on Base. πŸ€‘

Yep, this is part of the next level of the Base Ecosystem Fund – think of it as the ultimate booster pack for early-stage projects on Base. 🎲

Now, Base isn’t just any blockchain network. It’s Coinbase’s baby, designed to let devs create decentralized apps that run on blockchain tech, cutting out the middlemen (banks, we’re looking at you). πŸ’―

And guess what? When Base was born, so was its ecosystem fund. Since then, Coinbase Ventures has showered over 40 projects with love (and cash). πŸ’°πŸ’–

Challenges? Pffft, More Like Opportunities!

Here’s the thing: Base devs are hungry for funding, and the Base fam wants to bet on their faves. So, what does Coinbase Ventures do? They join forces with Echo.xyz to create a blockchain-based matchmaking service between devs and investors. πŸ’

Think of Echo.xyz as the investment platform that lets the big boys (and girls) fund startups directly via blockchain. No more exclusivity club for venture capitalists or the super-rich. πŸ™…β€β™‚οΈ

On-chain investment platforms = transparency + accessibility. And Coinbase Ventures is all about that life, aiming to turbocharge the Base ecosystem. More dough means more projects, which means more action on the network. πŸŽ‰

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2025-03-13 20:20