Road Ahead
After performing a multi venue TGE, $BASED token is now widely distributed to a potential holder base of over ~300 million users. The next phase of Based’s growth will be catalysed by the build out of an entire ecosystem on Based, on Hyperliquid.
Over the span of the past few months, we have onboarded multiple promising projects and will be incubating them on Based via Launchpads and Launchpools: All of them will gain a prime spot on our SuperApp, to gain distribution to our userbase ~20k MAU userbase. To gain access to these projects’ launchpads and launchpools, users will be required to hold the $BASED token.
Over a series of the next few days and weeks, we will be releasing more utilities for the $BASED token that is aimed at stimulating value and ecosystem growth. Our first utility was announced yesterday; stake BASED, get VISA card, earn huge cashback. In the span of 12 hours, we have already locked over 3 million BASED tokens into Gold and Hype cards already. There’s huge demand for this. Higher tier-ed card and cashbacks will be announced at a later date which will multiplicatively induce $BASED token demand and lockup.
Over the next few periods? We will be releasing details of projects that will seek to build and reinforce ecosystem value on Based where the only way to gain access will be via the $BASED token.
Stay tuned. Stay Based.
Post from Po
