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Content
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Garrett  pfp
Garrett
@garrett
I decided to launch Based as an experiment in permissionless interoperability It’s an onchain experiment where users can redeem a Base Introduced NFT for an allocation of $BASED Based is a right curve idea with a left curve name I thought this was a compelling experiment for a few reasons:
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Garrett  pfp
Garrett
@garrett
1. The “Base Introduced” NFT can be viewed as a proxy base token. Basing a token off this NFT that Coinbase launched when they announced Base caters to users who showed interest in Base L2. The NFT itself was actually minted on mainnet Ethereum since Base wasn’t live yet. It was an opt-in action to mint the NFT that showed intent to transact on Base. The Base Evolution is bringing this intent to Base by allowing holders of this NFT to redeem it for $BASED which will go live on Base. 2. The unique distribution of the Base Introduced NFT allows for an interesting way to seed distribution for a token. There are 485k Base Introduced NFTs held across 370k unique wallets. It’s one of the most widely distributed NFTs we’ve ever seen.
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Garrett  pfp
Garrett
@garrett
@kmacb.eth read this, check out @basedevo and redeem at basedevo.fun
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Brian Kim pfp
Brian Kim
@brianjckim
..based
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proxy pfp
proxy
@proxystudio.eth
based
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tani pfp
tani
@tanishq
based af!
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based pfp
based
@basedevo
based 🌐
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Uncle HODL pfp
Uncle HODL
@unclehodl.eth
We only need one to redeem? Thought it was two, only have one... so I'll do this before it closes 😱
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J8y pfp
J8y
@j8y
Hey, I have one of these!😮 haven’t touched mainnet in a long time haha
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PiracyData 🔄🎩 🐲 pfp
PiracyData 🔄🎩 🐲
@piracydata
Just redeemed my NFT, @garrett! Thanks!
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lawrenceroman.eth  pfp
lawrenceroman.eth
@lawrenceroman
Thanks for sharing! I actually have 2 base NFTs and if it wasn’t for this post I would have never known how to redeem 🎭🎩👌🏽 10 $degen
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highplains.base.eth 🎩✨🔴 pfp
highplains.base.eth 🎩✨🔴
@highplains66
Already got 2 nfts. I'm in!!
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Tony pfp
Tony
@0xt0ny
based experimentation
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emush🎩 pfp
emush🎩
@emush
based higher degentleman
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hyun pfp
hyun
@hyun-
👀👀
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Lauren McDonagh-Pereira  pfp
Lauren McDonagh-Pereira
@lampphotography
🍖x10
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luc pfp
luc
@luc
really interesting experiment - reminds me of apps like drakula using degen bc of how widespread it already was 1000 $degen
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guozu🎩⛓️🔵 ⚪️🐹 pfp
guozu🎩⛓️🔵 ⚪️🐹
@way
based
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Ben Broad | bbroad.eth 🎩🐹 pfp
Ben Broad | bbroad.eth 🎩🐹
@bbroad
based
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Zack Brenner pfp
Zack Brenner
@zackb
Based
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