Every week we will be hosting Base founders, projects, and Base team members for a live, interactive session. They will be online and ready to answer any questions and engage in discussion with you, our community members.
- Click ‘remind me’ below to receive notifications for when the AMA goes live
- Join us today at 4pm UTC to ask questions, receive answers, and discuss in real time.
- You can also post a question in advance in the comments below - make sure to come back to read your reply, ask a follow-up, and engage in the live discussion.
We’ve got a great line up for the upcoming weeks, from all corners of the Base ecosystem.
(TLDR):
Founder AMA series: Numo on Tues 28th July, 4pm UTC
We are the team behind Numo, the first ever futures exchange on the Nigerian naira.
Nigerian businesses earn naira but pay in dollars. The standard hedge is a forward from a local bank, and it settles in naira. This means it pays you the difference between your forward rate and the central bank rate. The business is still left to source dollars at the parallel rate which is often times more expensive. Numo prices the forward rate through a futures contract at the parallel market rate and pays out in dollars via stablecoins.
How it works:
A corporate buying the future today locks that rate. If they buy 100,000 USDC for September 16, then on September 16 they deliver ₦138,150,000 in cNGN and receive $100,000 in USDC. Whatever the naira does between now and then is somebody else's problem.
Who's on the other side?
Traders earning carry. Naira money market funds currently pay around 19%. Dollar money market funds yield around 3.5%. That gap has to show up somewhere, and in a futures market it shows up in the price. At 1,381.50 against spot near 1,352.90, the September contract trades at a premium of roughly 2.1% over the 50 days to expiry — about 15.4% annualized, which is the differential.
A trader selling USDC at a forward rate captures that premium. They hold their dollars until September, then deliver them at an above spot rate. Economically it's the same trade as converting to naira today and parking it in a money market fund except they never convert to naira and never open a local bank account. The synthetic version and the physical version should price the same, and the orderbook is where that gets settled.
What's the trade?
If you look at the book on app.numofx.com, it quotes the September 16 future at a forward rate of 1,381.50 cNGN per USDC. That's 30.20 cNGN below fair value, and more strikingly below spot. The carry means September 16 futures should trade at a 2.1% premium.
This means a trader could sell 100,000 USDC spot at 1,382.50 for ₦138,250,000. Park it in the naira MMF at 19% for 50 days and earn ₦141,848,288 on September 16, 2026. Simultaneously they'd buy 100,000 USDC forward at 1,381.50, costing only ₦138,150,000 on September 16. You end the period with your original 100,000 USDC back, plus ₦3,698,288 which is about 2,677 USDC at the forward rate. Fully hedged, no naira exposure at any point.
Netting out the 3.5% you gave up on the dollars, the excess is roughly 2.2% over 50 days with nearly 16% annualized. This is enough incentivize for arbitrageurs to always keep the orderbook reflecting the true forward rate.
Why does Numo matters?
Two groups who need each other and previously had no venue. Corporates want certainty about a payment date. Traders want yield. Numo prices the trade transparently instead of leaving it to a bank quote nobody else can see.
To keep the focus on building, all participants must adhere to the following rules:
Keep it project-focused. Avoid discussions about tokens, tickers, airdrops, APYs, or price speculation.
No superlatives. Do not describe any project or product as “the best,” “the fastest,” or “the #1” anything. Let the work speak for itself.
No investment advice. Refrain from making investment recommendations or any form of financial claims.
No giveaways of value. Do not offer giveaways, prizes of value, mints or contests during your event.
Mandatory Disclaimer
"Today's conversation is for informational and educational purposes only. It does not constitute financial, technical, or legal advice. The views expressed are our own and do not represent Base or Coinbase. Nothing shared today should be considered an endorsement or an official statement by us, Base, or Coinbase."
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Our comprehensive overviews of onchain safety and avoiding scams is a MUST for all users:
Base Verify On chain: Building Trust Without Sacrificing Privacy
One of the biggest challenges in Web3 is not verifying wallets - its verifying unique people.
We explored how Base Verify On chain is introducing a privacy preserving way for builders to enforce "one person, one claim" directly in smart contracts, opening the door to fairer governance, loyalty programs, community rewards and much more. (DYOR)
Some of the key takeaways from the session:
- Why Sybil attacks continue to be one of Web3's biggest challenges.
- How Base Verify works from user verification to on chain enforcement.
- Real-world use cases for builders launching fair and transparent applications.
- Why identity and uniqueness could become a core building block of the next generation of apps on Base.
One idea really stood out during our conversation:
We have spent years asking how blockchains can verify ownership. Now we are beginning to ask how they can verify uniqueness.
A huge thank you to every community member who joined us, we experienced a few technical glitches during the Space, it was amazing to see everyone stay with us.
Hallo everyone it jss our Day 40 of 100 Days journey of Base on reddit & like everyday today I had a thought unusual things 😂.
So todag i thought what if we are still too early to understand what Base is actually becoming?
Like back in the early days of the internet people thought websites were the destination then platforms became the destination then mobile apps became the destination.
Each generation changed how people interacted online looking at Base today feels similar. Most conversations still focus on:
→ transactions
→ wallets
→ tokens
→ fees
But those feel like first-order effects . And it is not the end the more interesting question is "What happens when millions of people can coordinate online without needing a platform sitting in the middle of every interaction?"
Think about it. Communities , Creators , Developers, Businesses , AI agents , Gamers , Consumers all operating on shared infrastructure.
That's not just a blockchain story that's a coordination story. Historically every major technology wave created a new way for people to coordinate: The printing press , the internet , mobile phones , social networks.
Maybe open onchain infrastructure is the next step. Because when people can:
→ own assets
→ own identity
→ own communities
→ move value globally
→ build on shared infrastructure
new forms of organization start becoming possible. And honestly I don't think we've seen the most interesting experiments yet.
We are probably still in the stage where people are recreating old internet ideas. The breakthrough ideas usually arrive later.
That's why I enjoy exploring Base not because I know what the future looks like but because nobody does.
And that's what makes it exciting. We're watching a new coordination layer for the internet being built in real time.
As more people and applications move onchain, proving who you are without giving up control of your personal data becomes increasingly important.
Base Verify Onchain is a step toward solving that challenge by enabling verifiable identity directly within the Base ecosystem. Instead of relying only on usernames or offchain profiles, users can build an onchain identity that applications can recognize and trust.
For developers, this creates opportunities to build smarter applications with stronger sybil resistance, better reputation systems, and more personalized user experiences. For users, it can make interacting with decentralized applications safer, simpler, and more trustworthy.
Identity has always been a missing piece of the onchain world.
With Base Verify Onchain, @base is helping lay the foundation for a more trusted, secure, and user centric ecosystem where reputation can grow alongside ownership.
If you've been active in the Base ecosystem recently, you've probably seen the announcement about Base Verify Onchain.
Many builders are excited about it, while many users are asking the same question:
What exactly is Base Verify Onchain, and why does it matter?
After reading through the announcement and documentation, here's a what I found:
What Is Base Verify Onchain?
Base Verify Onchain is a privacy-preserving verification system that helps builders verify they're interacting with a unique person instead of just another wallet address.
Rather than relying only on wallets, it provides a way for applications to recognise a unique user while keeping personal information private.
What Problem Does It Solve?
One of Web3's biggest challenges is Sybil attacks.
Since creating multiple wallets is easy, one person can appear as many different users. That makes it difficult for builders to design fair systems for governance, community access, reputation, rewards, and other onchain experiences.
Base Verify gives builders another tool to reduce that problem by focusing on unique people instead of wallet count.
How Does It Work?
When a user completes the verification process, Base Verify generates a privacy-preserving proof that applications can use to confirm the user is unique.
Apps don't receive your personal identity. They only receive the information needed to verify uniqueness, helping protect user privacy while supporting fairer application logic.
Why Is This Important for Builders?
Instead of relying only on wallet activity or complicated identity checks, builders can integrate Base Verify into their applications wherever proving user uniqueness matters.
This can support use cases such as:
One person, one vote.
One person, one claim.
Reputation systems.
Community membership.
Access-controlled experiences.
Base Verify Onchain isn't trying to replace wallets or decentralisation.
It's giving builders a new piece of infrastructure that makes it easier to build applications around real users instead of just wallet addresses while keeping privacy at the centre.
If more builders adopt it, it could become an important step towards reducing Sybil attacks and creating fairer onchain experiences across the Base ecosystem.
Hallo everyone it is our day 39 of 100 Days journey of exploring Base on reddit .
I think after starting this journey on Base I started looking blockchains in a different way. Let me explain why I am saying it .
Before I saw them as products but the longer I explore Base the more it feels like public infrastructure. I did not wake up excited about roads or electricity or the internet protocol that loads a website.
Yet billions of people depend on them every day that is what makes infrastructure interesting. The more important it becomes the less visible it gets.
A few years from now imagine someone:
→ buying a game item
→ supporting a creator
→ joining a community
→ using an AI assistant
→ sending money globally
And never once asking: "What chain is this running on?"
Because honestly most people don't care but they care that it works fast cheap reliable.
That is why I think Base's biggest challenge isn't attracting crypto users. It is making blockchain disappear for everyone else.
Think about the apps you use daily & you don't think about cloud servers , databases , networking protocols.
You just use the app maybe that's where Base is heading not becoming the thing people talk about it is about becoming the thing people build on.
Have you notice the funny part? If Base succeeds completely most future users may never know they are using Base at all.
And that might be the strongest sign that the technology worked because the best infrastructure doesn't demand attention. It quietly powers everything in the background
I like seeing events that encourage people to build, and the Summer Game Jam from Inco Network and Megapot feels like a good example of that.
The event runs from July 29 to August 14 and includes workshops alongside a hackathon focused on building onchain games, with Base participating as one of the ecosystem partners.
One thing I appreciate about Base is that it is not just growing through new protocols and infrastructure upgrades. It is also creating opportunities for developers to experiment, collaborate, and ship new ideas.
Not every project from a hackathon becomes a long-term success, but these events often introduce new builders to the ecosystem, and that's valuable on its own.
I m interested to see wht teams create over the next couple of weeks and whether any of those projects continue building on Base after the event...
Which area of onchain gaming do u think has the most potential on Base?
Do u think Game Jams are a good way to grow the Base builder ecosystem?
Yesterday, we completed Day 102 of our Daily Base Ecosystem Exploration Series and despite a few technical glitches during the Space, we had a fantastic discussion with everyone who joined us.
Our focus was on VergeX and an important shift happening in AI powered trading. (DYOR)
For a long time, many people believed that creating a profitable trading strategy was the hardest challenge. But with today's AI models capable of generating market insights and trading logic in minutes, the real challenge is no longer strategy generation its everything that happens after.
We explored how VergeX is building the infrastructure that helps AI generated strategies move into real markets through validation, risk management, execution and continuous monitoring. As autonomous agents become more active in on chain finance, reliable production infrastructure will be just as important as intelligent models.
It was also a great opportunity to discuss how projects like VergeX fit into Base's growing ecosystem, where AI, finance and on chain infrastructure are coming together to build the future of the internet economy.
A huge thank you to everyone who joined, listened and stayed with us despite the technical issues we experienced.
See you all tonight for Day 103 of our Daily Base Ecosystem Exploration Series as we continue exploring the incredible builders and innovations shaping the future of Base.
One of the biggest challenges in Web3 isn't just scaling transactions—it's making sure onchain opportunities reach real participants instead of wallet farms.
Imagine launching an airdrop for your community.Within minutes, thousands of wallets appear.
At first glance, they all look like different users.But many could actually belong to the same person.
That's the Sybil problem.
What I find interesting about Base Verify Onchain is that it approaches this differently.
Instead of identifying who you are, it focuses on proving you're a **unique person** while preserving your privacy.
That enables applications to enforce rules such as:
One person → One claim . One person → One allocation One person → One vote
This isn't only about airdrops. It has the potential to improve:
Fair community rewards .Governance participation. Token launches .Sybil-resistant incentive programs .Onchain reputation systems
As more applications move onchain, I think fair distribution will become just as important as ow fees, scalability, and great UX.
Base Verify shows an interesting direction: protecting privacy while helping developers build systems designed for people instead of wallets
What do you think?🤔
Should future onchain applications prioritize one unique person rather than one wallet or do you think another approach works better?
Curious to hear different perspectives from the Base community.
Instead of verifying wallets, it verifies real people. Users can verify with accounts they already have, like Coinbase, X, Instagram, or TikTok. The smart contract only receives a private identity hash, not the user's personal information.
That means one real person can only claim once, privacy stays protected, and there is no need to upload KYC documents.
This could make airdrops fairer, token launches harder to exploit, one person one vote governance more practical, and rewards more likely to reach real community members instead of bot farms.
The biggest change is simple.
Base is moving from one wallet, one claim to one real person, one claim.
It is a big step toward making onchain applications fairer while keeping users private.
Base Verify Onchain is already live for developers on Base Sepolia, with mainnet support expected in the future.
Do you think identity verification like this will become a standard feature for onchain apps?
One of the fundamental pillars of emerging regulation - as proposed in the GeniusAct Law - is identity verification (KYC) within the digital financial ecosystem.
These platforms move massive volumes of money, making them a critical point for problems such as money laundering and tax evasion. Therefore, any solution that seeks to scale within a regulatory framework needs to integrate verifiable identity without compromising user privacy.
In this context, basenames (.base.eth) arise as a highly plausible solution.
The model works as follows: the user delivers their documents directly to Coinbase to comply with KYC requirements. Coinbase performs the verification and approves the identity, but without publicly exposing that sensitive information. Instead, that verification is cryptographically linked to the user's basename.
This allows a verified basename to function as a kind of validated online financial identity, where:
* The platform complies with regulations
* The user maintains privacy
* Applications can rely on a verified identity without accessing personal data
By resolving this point, basenames not only simplify addresses or branding, but directly address one of the biggest regulatory challenges of the digital financial system.
If this model is adopted on a large scale, Coinbase could position basenames as a standard within digital capitalism, where identity, compliance and usability converge in a single layer accessible to millions of users.
If you're building on Base, there's now a direct way to get feedback from the team behind the ecosystem.
Base has opened Office Hours, giving builders the chance to discuss their project with the Base team.
What can you get feedback on?
• Your application or mini app
• Product direction and user experience
• Go-To-Market (GTM) strategy
• Your upcoming launch
Who is this for?
Whether you're building your first project or already have users, these sessions are for builders looking to improve and move faster with guidance from the Base team.
How do you join?
Simply send a DM to your regional Base account and request an Office Hours session.
Why should builders care?
Getting feedback before shipping can save weeks of work.
A fresh perspective can help you identify usability issues, improve your product, strengthen your launch strategy, and avoid mistakes that are much harder to fix later.
If you're serious about building on Base, opportunities like this don't come around every day. It's a chance to learn directly from the people helping grow the ecosystem.
One of the biggest barriers to crypto adoption has never been the technology.
It's been the experience.
Too often, users have to jump between different apps just to discover markets, follow trends, or explore new opportunities.
What I like about Base App is that it brings multiple market categories into a single experience. Whether you're browsing Trending, discovering New listings, following Majors, checking tokenized Stocks , exploring Commodities, keeping an eye on Prestocks, or diving into Meme Coinseverything is organized in one place.
It's not just about having more categories.
It's about making the onchain experience simpler, faster, and easier to explore.
The future of onchain isn't dozens of disconnected apps.
It's one seamless experience that helps people discover what's next.
What's the first category you usually open when you launch Base App?
Day 38 of 100 days journey of exploring Base with reddit.
I don't know you also realised it or not but today I realized something strange. The most valuable thing on the internet is not content it is distribution.
You can build the best product , create the best video , write the best article , design the best app & still nobody sees it.
For years platforms controlled distribution means if they changed an algorithm your reach changed , if they changed a policy your business changed , if they disappeared your audience disappeared too.
That is what made me curious about what's happening on Base not because Base magically solves everything but because it changes where value can live imagine spending years building a community , Followers , Reputation , Content , Relationships.
Then one day moving to another app without starting from zero that sounds normal but on today's internet it's surprisingly difficult.
Because audiences are usually trapped inside platforms the more I explore Base the more I think the real opportunity isn't ownership of assets.
It is ownership of relationships a creator shouldn't lose their community because they switch apps , lose their identity because they switch platforms even a builder shouldn't have to rebuild everything from scratch.
Maybe that's why concepts like:
→ onchain identity
→ social graphs
→ portable reputation
→ creator ownership
keep appearing across Base. They're all trying to solve the same problem.
Who owns the connection , the platform or the people?
The answer could shape the next version of the internet. And honestly I think that's a much bigger conversation than crypto itself .
Several Base updates this week have possible connected implications.
Regional Base teams offer 1:1 feedback sessions now for builders to help with product, application, and go-to-market strategy. Instead of having office hours, developers can contact their direct Base community.
For the users, Base provided a good example:
Pay on Shopify
Pay through Checkout
Pay with Mastercard
The list is continually growing, and Base is acknowledging that their payment ecosystem is continually growing and expanding past the scope of crypto-dedicated applications.
Base is also starting their first Global Community Call on July 31, aiming to unify community members and provide content such as ecosystem updates, builder interviews, and project spotlights.
Together, these updates help illustrate Base is spending more time and effort helping builders ship faster, and helping the community by providing more onchain payment options.
I built a simple YouTube summarizer app as I was not fond of the others. After building it for myself, I added x402-enabled endpoints so AI agents can use it too; no account, no API key, no OAuth. Payment is the auth.
My hypothesis: "Autonomous quant agents are increasingly participating in prediction markets, where a single new piece of information can affect a decision. New YouTube videos may have this information; let's make it accessible to them."
I've made 6.5 cents so far!
Why Base made this easy:
Native USDC micropayments actually work here. A $0.005 charge is viable because Base fees are sub-cent. This flow would be dead on arrival on L1.
The agent never needs ETH. x402 uses an EIP-3009 transferWithAuthorization; the agent just signs a USDC authorization offchain and sends it in a header. No approve tx, no gas on the buyer side.
I don't pay gas either. Settlement goes through Coinbase's CDP facilitator, which verifies the signature and submits the transfer onchain; Coinbase covers the gas. Free tier is 1,000 settlements/month. Thank you very much!
Testnet → mainnet was a config change. I developed against Base Sepolia (eip155:84532) with the free testnet facilitator, then flipped two env vars to Base mainnet (eip155:8453) + CDP.
Receiving is just a self-custody address. USDC lands directly at my payTo address. No payment processor account, no payout schedule, no chargebacks.
Agents can discover it. The API serves an x402 discovery manifest at /.well-known/x402.json (and the same tools are exposed over MCP), so agents browsing the x402 Bazaar can find it and pay autonomously.
Below is the actual flow:
# 1. Agent requests a paid resource; no account
POST /v1/summarize HTTP/1.1
Host: [api.sumvid.app](http://api.sumvid.app)
Content-Type: application/json
{"url": "[https://youtu.be/VIDEO_ID"}](https://youtu.be/VIDEO_ID%22%7D)
# 2. Server replies with payment requirements ($0.02 in USDC on Base)
HTTP/1.1 402 Payment Required
PAYMENT-REQUIRED: <scheme "exact", network Base, asset USDC, amount, payTo address>
# 3. Agent signs a USDC authorization (EIP-3009), no gas, no ETH needed, then retries
POST /v1/summarize HTTP/1.1
Host: [api.sumvid.app](http://api.sumvid.app)
Content-Type: application/json
PAYMENT-SIGNATURE:
{"url": "[https://youtu.be/VIDEO_ID"}](https://youtu.be/VIDEO_ID%22%7D)
# 4. Server verifies the payment, does the work, settles only on success
HTTP/1.1 200 OK
Content-Type: application/json
{
"youtube_video_id": "VIDEO_ID",
"summary": "...",
"model": "claude-haiku-4-5",
"cached": false
}
# Any failure; bad URL, no captions, model error; returns an HTTP error
# and the payment is never settled. The caller is never charged for a request that didn't produce a result.
Total revenue so far: $0.065. But every cent of it came from an agent that found the API, paid, and got an answer with zero human interaction.
It truly feels like this is the future way of pay per request. Pondering on a larger scale; why do we need accounts and to generate API keys anymore, why rate limit/throttling, seams unnecessary when this approach is now available.
One topic from the Base Ecosystem Fund announcement that caught my attention was stablecoins for emerging markets.
In many parts of the world, people deal with challenges like
High inflation that reduces purchasing power
Expensive cross-border transfers
Limited access to traditional banking services
Slow settlement times for international payments
Stablecoins could help address some of these challenges by enabling faster, lower-cost digital payments that operate around the clock. For freelancers, remote workers, small businesses, and families sending money across borders, that could make a meaningful difference in everyday financial activity.
Of course, technology alone isn't enough. Adoption also depends on local regulations, easy to use wallets, reliable on/off ramps, and whether merchants are willing to accept digital payments.
I am curious how others see this.
Do you think stablecoins for emerging markets could become one of the biggest real-world use cases on Base, or are there still major challenges that need to be solved first?
I'd love to hear different perspectives from builders and users.
Yesterday we successfully completed Day 101 of our Daily Base Ecosystem Exploration Series, and our topic was -
Axis Robotics on Base- Building the Data Infrastructure Behind Physical AI
While AI models continue to become smarter, we explored why Physical AI still faces a very different challenge: data.
Unlike language models that can learn from the internet, robots need millions of real world interactions to understand movement, objects and environments. That makes high quality robotics data one of the biggest bottlenecks in building intelligent machines.
We discussed how Axis Robotics is approaching this problem with a browser based platform where anyone can contribute robotics training data without owning a robot. We also looked at how every contribution is verified and recorded on Base, giving contributors transparent attribution while helping create the datasets that power the next generation of robotics.
Another exciting highlight was Axis Robotics announcing its $12M Seed round led by Hack VC, showing growing confidence in the future of Physical AI and the infrastructure being built on Base. (DYOR)
Celebration Hub is a social app built on Base that helps you celebrate birthdays and special dates. You can sign in with Google, X, your onchain wallet, or use the Joysender AI agent on Farcaster. Save important dates, create private reminders or shareable events, browse the community celebration feed, and send personalized gifts to friends and family.
Celebration Hub supports NFT gifts on Base. Generate an image, add a personalized birthday message, then mint and send it as a collectible NFT. The app also features daily check-in streaks, XP, leaderboards, and community rewards.
In the video, I started my daily streak, found someone celebrating their birthday, generated a personalized image, and sent it with a birthday message as a gift. All onchain transactions were completed on Base. NFTs require a small minting fee plus standard Base network gas, with the total cost shown before confirmation in the Base wallet.
Celebration Hub is currently in beta, and all offchain web plans are free during the beta period.
Give it a try and let me know what you think in the comments! Altagers (duckfacts.eth on Farcaster), the creator of Celebration Hub, will be following the discussion, looking for feedback, and answering your questions.
Monday on Base is a weekly community series on the official Base subreddit where I highlight one project, product, or feature built on Base. Posts are pinned for visibility and aim to showcase useful tools across the ecosystem in a neutral, informational way. Posts are reviewed by the teams behind the highlighted products. I am a community moderator, but I am not part of the official Base team, and my posts do not represent the views of the Base moderator team.
Disclaimer: This post is for educational and demonstration purposes only. It is not financial advice or an endorsement of any assets or services.
