Jesse Pollak, co-founder of Base, stated in an interview that the invitation feature will be opened in the "Base App" in two weeks to accelerate the viral growth cycle of Base App and ensure that the product is good enough for every user.

Coinbase announced the launch of the "everything app" - "Base App" on July 16, aiming to attract more users to enter the crypto economy. This new app, which replaces Coinbase Wallet, integrates wallet, trading, and payment functions, while integrating social media, instant messaging, and mini-program support, all running on its self-developed Ethereum Layer 2 network Base. For Coinbase, this move aims to break through the limitations of its core cryptocurrency trading business and reach a broader potential user base.