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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Blue chip NFTs sink double digits as ETH retreats from record highs

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    Climb the SCOR Invitational Leaderboard and Earn Bigger $SCOR Airdrops

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    Pudgy Penguins Game ‘Pudgy Party’ Launches on iOS and Android

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Home Web 3

Base is Quickly Gaining Steam with Big Players in Web3

June 18, 2024
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Base is Quickly Gaining Steam with Big Players in Web3
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TL;DR

  • Doodles is migrating its “Stoodio” avatar customization platform from the Flow blockchain, to Base, which turns out to be a perfect example of network effects.

Full Story

It was just announced that Doodles is migrating its “Stoodio” avatar customization platform from the Flow blockchain, to Base.

(But for now they plan to keep their famous Doodles profile pic NFT series on Ethereum).

Here’s why:

First off, Base has cheaper and faster transaction speeds – but that’s an obvious one…

Where things get more interesting is the idea that they’re moving over to Base because so many of their existing users, and users they want to target, are already on Base.

This is a great example of network effects in action. More people have wallets that support Base > more companies build on Base > and the flywheel continues.

Also, according to Doodles CEO, Julian Holguin, this had less to do with issues about the Flow blockchain and more about Doodles’ vision for the future.

(Cryptic – but intriguing…).

The transition is set to happen in mid-July and we look forward to seeing what other developments Doodles have in store.

As more and more NFT projects and NFT-related companies moves towards Solana and Base, where does that leave other blockchains like Ethereum and Flow?

Too early to tell, but it feels like this might be a ‘winner takes most’ game (just like web2’s social media landscape).

See also  [Latest] 6G Market: Key Players and Their Competitive Strategies
Tags: BaseBiggainingplayersQuicklySteamWeb3

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UK risks regulating NFTs the wrong way, says Mintable CEO

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Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

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How to Earn Keys to Boost Your HMSTR Airdrop

How to Earn Keys to Boost Your HMSTR Airdrop

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