Let’s face it: NFTs aren’t having a hot girl summer. Perhaps Coinbase's “Onchain Summer” event celebrating the launch of its native Base network can help turn the trend around. camgthompson reports:
In addition to branded NFT offerings, Coinbase is collaborating with Prop House, an incubator linked to NFT project, to give out over 100 ETH, or $186,000, in grants for developers building on Base. They’re also encouraging developers to enroll in the ETH Global Superhack, an upcoming hackathon that will offer $175,000 in rewards.
, Web3 projects are struggling to scale. Jesse Pollak, Protocols Lead at Coinbase, told CoinDesk that Onchain Summer aims to showcase how NFTs can be leveraged as a technology rather than just a speculative asset.
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