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Coinbase’s Base Network Launches Creator Token Linked to Journalist

The Layer 2 Base blockchain unveiled $thenickshirley, tied to investigative journalist Nick Shirley, sparking renewed debate in the SocialFi sector.

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Terms & Concepts
  • Layer 2: A secondary blockchain built atop a main blockchain to improve speed and reduce transaction costs.
  • Creator Token: A digital asset representing a specific individual’s brand or content within blockchain-based social or financial ecosystems.
  • SocialFi: A sector combining social networking with decentralized finance (DeFi) features.