About Us Portfolios Let's meme Contact us
Brief introduction and share of noteworthy consumer crypto applications currently thriving on the Base chain.

Infrastructure abounds, yet applications are scarce, a classic scene in the current crypto market.

Additionally, most apps remain rooted in financial functionalities, and genuinely consumer-oriented applications that weave cryptocurrency incentives into daily consumer activities seem to be overlooked.

As Web3 continues to gain traction, sparking a new wave of consumer-focused applications will be critical, and the Base chain is well-positioned for this shift.

Since Friend.Tech has quieted down, a slew of innovative consumer applications has emerged on the Base chain. Supported by heavyweights like Coinbase, these consumer apps are attracting attention from VCs and emerging markets.

The name "Base" itself is increasingly associated not just with crypto enthusiasts but with mainstream consumer applications.

Here’s a brief introduction and share of noteworthy consumer crypto applications currently thriving on the Base chain:

Blackbird: Tailored for dining experiences, offering cashback and loyalty rewards.

X: @blackbird_xyz

Token: $FLY

Core Services:

Blackbird caters to dining, membership management, and payment functionalities for restaurants. Consumers can install this app on their phones to browse and select appealing restaurants and directly make dining reservations. Upon arriving, consumers can check in through the app, notifying the restaurant of their arrival. This check-in activity is logged within the app.

The more a consumer checks in and spends at a specific restaurant, the more $FLY tokens they accumulate, akin to receiving cashback or loyalty rewards. These tokens can then be used directly to offset dining costs.

(Note: This service is primarily available in the US and does not apply to China yet.)

Investment Background:

Raised $11 million in a seed funding round co-led by Union Square Ventures, Shine Capital, and Multicoin Capital, with additional investments from Variant, Circle Ventures, and IAC;

Secured $24 million in Series A funding, led by a16z Crypto.

Kikiworld: A Collaborative Platform for Beauty Products

Twitter: @kikiworld_

Tokens/Points: KIKI Points

Core Services:

KikiWorld is a pioneering Web3 beauty platform, focusing on developing and marketing beauty products like hair dyes, liquid makeup pens, and nail polishes.

Utilizing blockchain technology, KikiWorld engages users directly in the product development process. For example, users can vote on color options for the next season’s nail polish collection, with the most popular choices moving into production.

Moreover, consumers can submit their own ideas for cosmetic formulas. These suggestions are evaluated and voted on by the community, and the top proposals are optimized by the KikiWorld team before being launched on the market.

During the voting process, consumers earn Kiki Points as a reward. These points can be redeemed for purchasing products or participating in exclusive beauty events.

Investment Background:

Seed Funding: $7 million, with major investments from a16z Crypto, Estée Lauder’s New Incubation Ventures, OrangeDao, and 2Punks Capital.

Receipts: Fitness to Earn

X: @receiptsxyz

Token: To be announced (launching soon)

Core Services:

"Receipts" aptly signifies the project's concept of providing proof of activity. Users receive a digital receipt after exercising, which details metrics such as the type of exercise performed, distance run, heart rate, and more. Users earn rewards in the form of points or tokens based on their fitness activities.

The app also features social elements and leaderboards to encourage challenges and competition among friends.

The project is currently in its very early stages, with the official website still under construction.

Mintpass: Earn Rewards for Travel Reviews

X:@MintPassTravel

Token: To be announced

Core Services:

Mintpass is an innovative Web3 travel platform that allows users to collect digital NFTs tied to global travel destinations.

Collecting these digital mementos unlocks exclusive benefits like travel discounts, local experiences, or access to virtual travel content.

Users can create and share personalized reviews and tips for the places they’ve visited, linked to specific NFTs. Others can access these exclusive travel insights by purchasing or winning these NFTs.

Investment Background:

Details about funding rounds and amounts have not been disclosed. Dream Ventures and Outlier Ventures have endorsed the business, according to its official website.

paragraph.xyz: A blockchain-based platform for content creation, and the entity that acquired Mirror

X:@paragraph_xyz

Token: To be announced

Core Services:

Paragraph is a blockchain platform that enables creators to publish, share, and monetize their content.

It leverages innovative blockchain mechanisms, allowing creators to transform posts into collectibles, send newsletters directly to wallet addresses, profit from subscriptions, and cultivate communities using decentralized social protocols like Farcaster, Lens, and XMTP.

Previously, Paragraph acquired Mirror, a well-known Web3 content creation platform.

Investment Background:

Paragraph secured $5 million in funding, with contributions from Union Square Ventures and Coinbase Ventures.

sound.xyz: A platform connecting fans with music creators

X:soundxyz_

Token: To be announced

Core Services:

sound.xyz is an innovative Web3 music platform that facilitates the discovery of new music, enabling access to tracks from independent and emerging artists.

Fans can validate their early support for artists or tracks, potentially gaining unique benefits or collectible value. The platform supports direct releases of music on the blockchain, involving NFTs or other forms of digital ownership documentation.

Investment Background:

Endaoment secured $5 million in seed funding led by A16z, with participation from Variant Fund, Palm Tree Crew, Weekend Fund, Atelier Ventures, Scalar Capital, and various angel investors.

Endaoment: Blockchain-Powered Non-Profit Community Foundation and Public Charity

X:@endaomentdotorg

Token: To be announced

Core Services:

Endaoment is a blockchain-based charity platform that offers intelligent and efficient online giving solutions. It supports donations made using cryptocurrency, cash, or stocks and provides complimentary donor-advised fund (DAF) services.

Endaoment actively promotes its services and participates in blockchain, impact, and charitable initiatives. For instance, they hosted the "Onchain Giving Summit," a free virtual seminar that explores blockchain technology, social impact, and philanthropy.

Investment Background:

Propy has secured $6.67 million in funding, with Shine Capital leading the round. Other notable investors include Coinbase Ventures and Coinbase Giving, Circle Ventures and Circle Impact Fund, Higher Ground Labs, Framework Ventures, Quiet Capital, and Hypersphere.

Propy: Veteran Real Estate and RWA Project

X:@PropyInc

Token: PRO (List on Coinbase)

Core Services:

Propy streamlines real estate transactions by automating them for enhanced security, efficiency, and transparency.

Key features include 24/7 real estate transactions using cryptocurrencies for both bidding and payments; property title management and transfers via blockchain technology; and AI-driven optimizations to expedite real estate processes.

In addition, Propy offers certified cryptocurrency real estate agent services. The Propy suite enables users to fully automate the transaction process—from electronic signatures to payments—in a secure and user-friendly platform.

Investment Background:

The project secured funding in 2020, though the exact amount wasn't disclosed. Notably, the investment round was led by prominent venture capitalist Tim Draper, known for his early stakes in Tesla, Skype, Twitter, Coindesk, and Robinhood.

Sofamon:A platform for collectible sticker packs on Telegram.

X: @sofamon_xyz TG: https://t.me/sofamon_bot

Token: To be announced

Core Services: Sofamon is a cultural platform designed for the crypto community, featuring the first collectible chat stickers on Telegram.

Users can customize their favorite stickers using the project’s bot, and with NFT technology, they can collect and trade these stickers seamlessly.

Investment Background:

Funding details are not publicly disclosed, but the seed round includes contributions from Polychain Capital, Seed Club Ventures, and Inception Capital. Angel investors include Celestia COO Nick White, former Coinbase engineer 0xBeans, and George Lambeth, co-founder of Divergence Ventures.

Flieverse: Decentralized File Sharing and Collaboration Platform

X:@fileverse

Token: To be announced

Core Services:

Fileverse is a decentralized application (dApp) designed for secure file sharing and collaboration across blockchain addresses. It allows users to easily store and share various types of content including audio, video, images, and documents. Access to files can be limited to holders of specific NFTs or tokens, enhancing security and privacy.

Aiming to replace traditional centralized services like Google Drive, Fileverse is tailored for users who prioritize privacy and control over their data.

The platform also includes collaborative tools similar to online whiteboards and document editors, enabling teams to work together seamlessly. Access restrictions to certain files or participation in projects can be set based on ownership of particular digital tokens.

Investment Background:

Public records indicate that in 2023, the project secured $1.5 million in pre-seed funding with investments from entities such as Mask Network and Gnosis.

 

Share to

Recommendation

Opportunity Insight: A Comprehensive Overview of the L2 Movements Ecosystem Following Massive Funding

Jul 07, 2024 14:07

The Fall from Grace of Friend.Tech: How They Botched a Winning Hand

Jul 07, 2024 14:09

Can $SEND in Solana Blink Match the Success of $DEGEN in Farcaster?

Jul 07, 2024 14:10