Coinbase Usernames: tool for mass adoption #ENS

Originally posted on Twitter February 23rd 2022

Soon everyone will be rocking a Coinbase username

A :thread:,


Coinbase is leveraging their 100+ million customer base to create a network effect for their free usernames.


With the launch of their layer 2, Base, they’re hoping to funnel users from their centralized exchange to their non-custodial wallet, while offering a personalized decentralized identity.


This move could have a significant impact on the web3 landscape, making it hard for users to switch usernames and cannibalizing the namespace, similar to what happened with AOL emails in the 90s.

#coinbase #cbid #web3

And today Coinbase announces WaaS (wallet-as-a-service :crazy_face: