Base

based evolution

The redemptions are back open at basedevo.fun 🌐 

Phase 1 redemptions will be open until Friday, July 26 at 11:59pm

If you redeem in Phase 1, you will be able to claim 500k $BASED per NFT 

Phase 2 will only be 250k $BASED per NFT

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:

Stay Curious // iixii // Lazer Technologies // Prev: CoinDesk, Roc Nation // based

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.

Based. it seems to show me that I don’t have an allocation to claim (I had redeemed an NFT some weeks ago).

Tinkering with /rolodexsocial, founder, Shovel.Company 

Can you send me your address and tokenID?