We don't need new apps to bring 10M new users onchain. There's a parallel path that no one is talking about:

10% of the 100M monthly CEX traders will trade onchain as CEXs suddenly "list" every DEX-based token.

Only possible now due to web wallets.

We don't need new apps to bring 10M new users onchain. There's a parallel path that no one is talking about:

10% of the 100M monthly CEX traders will trade onchain as CEXs suddenly "list" every DEX-based token.

Only possible now due to web wallets. https://www.kylemccollom.com/10m-new-onchain-users-with-no-new-apps/

summoning /daylight | kylemccollom.com | we are hiring: careers.daylight.xyz

are you suggesting DEX tokens be listed on coinbase.com proper?

co-conspirator @ /moshicam /gallery /djs • prev coinbase • my casts are endorsements, financial advice, and reflect my employer's opinions

Yes - on all CEXs, including Coinbase.

These exchanges already have token details pages for DEX tokens - those pages would become tradable because the tokens would be "listed" using passkey-based web wallets, DEX liquidity, and magic spend.

this is a cool idea! i assume there will still need to be a ton of disclaimers informing:

1. the token is in no way sponsored or vetted by coinbase
2. trading will occur through a separate, self-custodial wallet, not their CB account (requiring some kind of onboarding)

biggest risk is retail users having an even easier way to offer exit liquidity for scam projects

> scam tokens will be blocked in the UI

problem is this brings us back to square 1: some team at coinbase needs to judge whether a token is a scam, akin to listening team

I’m betting buying scam tokens will be blocked in the UI.

And will require setting up CBSW - a task much much easier than CBW.