Base’s ‘Onchain Summer’ Achieves Over 700K NFTs Minted from 268K Users in August

The recent “Onchain Summer” promotion by the Base network in August led to the minting of more than 700,000 non-fungible tokens (NFTs) by over 268,000 unique wallets, as announced by the team on September 6.

Base, a layer 2 solution, was launched by Coinbase on August 9. To promote adoption, the network organized a month-long event, collaborating with more than 50 companies, artists, and creators to introduce new digital art NFTs exclusively on the Base platform. Each collection was released on different dates, encouraging users to frequently visit the network to acquire every piece.

The initiative has not only engaged a wide audience but has also increased the total value locked (TVL) within the Base network.