- ChainGPT has been integrated with Coinbase’s Base blockchain.
- We hope to increase transaction speed and reduce user costs.
- Follows previous integration with Solana.
Blockchain interoperability is becoming one of the main focuses of how the technology can advance. Protocols that can span multiple chains can reach more users and provide a better experience to their user base. Most recently, ChainGPT, an AI-focused Web3 protocol, announced its latest integration, Ethereum Layer 2 Base.
ChainGPT will leverage Base’s high-speed, low-cost transactions for decentralized applications (dApps). This integration is the latest example of efforts to support popular chains, including Solana.
ChainGPT integrates with Base for faster speeds.
In July, ChainGPT, a blockchain that provides AI-based tools and services in the Web3 space, announced its integration with Base, an Ethereum Layer-2 network developed by Coinbase. Specifically, Base projects are now available on ChainGPT Pad.
Integration with ChainGPT Pad allows the launch of Initial DEX Offerings (IDO) of Base applications on the platform. This allows Base projects to access ChainGPT users while ChainGPT can take advantage of Base’s low costs and high speeds.
“This integration marks a significant step forward in empowering projects to launch IDOs on the Base blockchain,” says Ilan Rakhmanov, CEO and Founder of ChainGPT. “By leveraging Base’s efficient and cost-effective network, we are providing creators and developers with the tools they need to fund and scale their projects swiftly and effectively.”
ChainGPT’s latest integration comes after Solana.
The latest integration comes after similar integrations with Solana and ZkSync. In June, ChainGPT allowed Solana projects to access its launchpad, allowing them to conduct IDOs directly on the Solana blockchain. ChainGPT Pad also released support for Phantom Wallet, the most popular wallet on Solana.
This move comes shortly after the integration of ZKsync, which also enabled users to use ChainGPT pads. Both integrations allow users to invest in IDOs directly on the blockchain, resulting in faster and cheaper transactions. While Solana promotes itself as a high-performance layer 1 blockchain, Zksync is another Ethereum layer 2.
On the other side
- Integrating multiple blockchains increases functionality, but also creates security risks because each blockchain has its own vulnerabilities.
- Managing the scalability of multiple blockchains can be challenging and can impact performance and user experience.
Why this matters
The integration of ChainGPT Pad with Base and other blockchains such as Solana, ZKsync, represents a growing trend of blockchain interoperability. It also expands ChainGPT’s potential user base and improves the overall user experience.
Learn more about ChainGPT’s other integrations:
ChainGPT now supports new Solana projects with IDO Pad.
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