Coinbase Unveils Its ‘Everything App,’ Merging Wallet, Social, and AI Tools

by shayaan
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In short

  • Coinbase launched a new app called Base on Wednesday in Los Angeles, converting his Coinbase wallet into an “Everything app” for the economy on the chain.
  • The app combines social functions, AI tools and income, so that users can earn with messages, messages, trade and games play – all in one place.
  • Basic aims to create a more social, composite and maker-friendly web3 experience for both early adopters and regular users.

Coinbase unveiled his new mobile app, basic rebrand and expansion of the Coinbase wallet of the company during an event for Los Angeles on Wednesday in Los Angeles alone.

The crypto believers packed the location to witness the unveiling of the app, which had gone live earlier that day.

Basic invoiced as an “all-app” for the on-chain economy, strives to go beyond simple transactions, allowing users to make the tools, earn, message, game and interact with AI, all within one platform.

“We are going from a tool with one player to a network,” said John Granata, Coinbase Director of Product, said Decrypt After the launch. “It’s a very social advance – because people act like this, send payments, find friends and build apps together.”

Coinbase CEO Brian Armstrong. Image: Jason Nelson/Decrypt

Among those who are enthusiastic about the launch was serial entrepreneur and cattle Friendsmaker Gary Vaynerchuk, who spoke during the event.

“I almost waited for a decentralized social network for a decade. I knew it was the next step,” Vaynerchuk said Decrypt. “Whether Coinbase takes it off or not, it is coming. The early previews and the nuances they have delivered were really interesting. I enjoyed it.”

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In addition to social, financial and entertainment functions, the basic app integrates the maker-oriented income-oriented income, so that every message-now text, image or video an activum can become on the chain.

“For many users who have never earned from their media before, Base could be the first place they do,” said Granata. “If your message goes viral, you can earn much more because of the ways you can earn on the platform.”

Image: Jason Nelson/Decrypt

Filmmaker Roman Coppola, co-founder of the film Studio decentralized photos, one of The early developers based, said that the shift to decentralization is especially useful for artists.

“Being included as one of the most important developers in what could be a game-changing ecosystem is a great honor,” said Coppola Decrypt. “The broader theme here is that makers have more control and earn financial rewards from their work. The decentralized dream comes out – and we are proud to represent films alongside gaming and other creative categories.”

End-to-end-coded chat with Wallet Integration is another striking function. Users can send crypto or carry out transactions directly within a group cat, often assisted by AI agents, who can process transactions with a simple message.

During a keynote speech at the event, Coinbase CEO Brian Armstrong placed the launch within the wider mission of the company.

“Coinbase was founded 13 years ago and our mission is to increase economic freedom in the world,” he said. “We think crypto is the most important technology to help.”

Armstrong described the basic app as part of a shift of traditional financial services.

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“We always thought that once we had the bridge from Fiat to Crypto, we had to make a new kind of app that would actually allow permissionless access for everyone around the world,” he said.

Armstrong called the launch of the base -app the “Netscape” moment of the company, referring to the early web browser who brought the internet to a mass audience.

“We have repaired on-disaster with Coinbase,” he said. “Basic offered fast, cheap transactions around the world. I think we are currently like an industry – it has taken innovation about companies, foundations, groups and individuals.”

“We have these LEGO pieces,” he added. “How do we assemble them in an app that creates the onchain economy for a billion people – and makes it usable for ordinary people who don’t even know anything about crypto? I think we are right about that we do that.”

In addition to messages, AI also uses user feeds and powers of Maker -Tools such as smart video editing and annotation.

“2025 is the year of AI agents,” he said. “And crypto is the perfect tool for them.”

Substantiation of the Basic app is a series of open protocols – including Farcaster for Social, XMTP for messages and Zora for income – designed to promote transparency and composability.

“Because we build on the basis of the base, on top open protocols, on chain, we don’t have to ask you to trust us,” said Granata. “The confidence is in the network. Trust is in the protocol.”

To skeptics who wonder why they should leave other apps for a Coinbase product, Granata had a simple message: is the basis for everyone.

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“Some people are early adopters. Others need time,” he said. “Our app is for everyone in that sense and we try to build it up that way.”

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