Originally posted on Twitter February 23rd 2022
Soon everyone will be rocking a Coinbase username
A ,
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Coinbase is leveraging their 100+ million customer base to create a network effect for their free cb.id usernames.
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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.
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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
1289.eth