Base Chain JP Morgan Stablecoins & Robotics

Once again, I have translated into Japanese a new video related to Base, which explains the current state and potential of Base from various perspectives.

This CoinWins YouTube Channel is sponsored by a partnership community that I also help operate, aimed at growing together through digital assets. Of course, for those who are complete beginners but want to understand, there is also an educational course that is now available for unlimited viewing for just $1.

JP Morgan and the Base Ecosystem

The Wave of Stablecoins x Traditional Finance x DeFi

The "Base" ecosystem, an Ethereum Layer 2, is finally starting to move in earnest.
One symbol of this is the launch of a proprietary token by JP Morgan (movements such as $JPMD).

To the "USD dualization" (dollars operated in both TradFi and blockchain) that we have discussed so far,
with the entry of major bank tokens,

• Interest and yields on the bank side (traditional finance)

• Yields on the blockchain (DeFi) side

A world where both of these occur simultaneously has become more realistic.
In fact, through DeFi lending/borrowing on Ethereum and the Base chain,
USD and stablecoins are constantly "working" somewhere.

In terms of regulation, the "Genius Act" has already passed in the United States,
and further regulatory clarification is expected in the future through the "Clarity Act."
Now that JP Morgan has taken a step forward, it is highly likely that other banks will follow suit one after another.

Zora for Creators

"Trustless" Decentralized Monetization

In this wave of digital assets, creators can use platforms like Zora to monetize their work in a decentralized way.

• No caps

• Funds are not held by intermediaries

Due to these features, the design allows creators to receive rewards directly.
A shift is underway from the model of "depositing money with banks or platforms and waiting for a transfer" to a model of "receiving funds instantly in your own wallet."

Stablecoin vs CBDC

Which one is the world really paying attention to?

Looking back at search trends over the long term, from the earliest Ethereum transactions to today,

compared to CBDCs (Central Bank Digital Currencies),Stablecoins show an overwhelmingly stronger "upward trend" in searches and interest.

While CBDCs are being driven by the state, stablecoins have seen their actual use cases and infrastructure steadily improve alongside the evolution of technology.

As a result,
to the question, "Where are people's interests and understanding heading?"
at this moment, it could be said that Stablecoins have the upper hand as well.

Why Base is interesting

X42 standard and ERC-8004, agent-to-agent interaction

A major reason why I am bullish on the Base ecosystem is the existence of the X42 standard and ERC-8004.

X42 can be said to be something that utilizes mechanisms that were originally "baked into" the internet world but have hardly been used until now.

• Coinbase is launching an "HTTP-based payment system" using this X42.

• It is an image where payments and transactions run directly on top of HTTP (Hypertext Transfer Protocol), which we use as a matter of course every day.
  

When ERC-8004 is combined with this,

• agent-to-agent

• machine-to-machine

interactions come into view, where transactions are exchanged automatically in the background in a trusted or trustless manner.

In other words,
a future where "secure payments and data exchanges run automatically in the background without people having to press buttons" is emerging quite concretely.

Bitcoin zones and altcoin season

Why corrections become opportunities

Speaking of price, it is an important point that even if there is a phase where Bitcoin drops significantly,
it does not necessarily mean the "end of the opportunity."

Even if BTC enters a correction zone (a so-called "caution zone"), if a 10-20% rise occurs within it,

for altcoins, it can be a trigger for large gains such as 30%, 50%, 100%, or in some cases 2,000%.

Especially:

• While the phase where BTC heads toward around $85,000 is easy to see as bullish,

• there are also points around $74,000 that look like a "danger zone."

That is the general idea.

Looking back at Bitcoin Dominance (BTC.D), in the past, major altseasons have emerged at the timing of a 'sharp rise in dominance followed by a sharp decline'.

Also, looking at the ETH/BTC pair, the recent rebound can be interpreted as a sign that 'strength is returning to the altcoin side.' The Ethereum chart itself also has a shape that suggests further room for growth.

Notable tokens on the Base chain

Zora, Virtual, Brett, ResearchCoin, Bankr, Vader, Freysa AI, etc.

From here on, these are the Base chain-related tokens I am personally watching.
The common thread is that they are interesting in three ways: price position, narrative, and momentum.

• Zora

  • Strong position as a monetization foundation for creators

  • Already has use cases and a community

• Virtual (Virtuals Protocol)

  • Positioned as a 'protocol' that is highly compatible with agents and AI

  • Worth watching when the price enters a range amidst fear and doubt

• Brett

  • High meme potential and community engagement; watch for movement when market sentiment shifts

• ResearchCoin(ResearchCoin related to Brian Armstrong)

  • Matches the current era where science, robotics, etc., are positive narratives
    that are easily picked up by the media

  • Potential to suddenly take the spotlight when that trend reaches its peak

• Bankr

  • Projects already integrated into Base apps
    have more user touchpoints and are easily linked to real demand

  • Expectations for collaboration with Agent AI as well

• Vader

  • The impression is that the price is in the bottom range, having returned near the bonding curve

  • Considering that it was previously bought on the bonding curve in the early days of Virtuals Protocol,
    the current level could be an interesting entry point even for the "average participant"

• Freysa AI

  • A project backed by Coinbase Ventures

  • Strong narratives like "AI Twins" and "Robotics"

  • The app is also well-made, and I look forward to its future development

AI × Robotics × Agent Commerce

Robots in the home, what is inside their "minds"?

When imagining a future where projects like Freysa and Vader shift toward robotics and AI is integrated into devices, goggles, and home support robots, the key point is "what is inside their minds?"

• What kind of memories do they hold?

• How do they perceive space and understand us?

• Which data is accumulated and utilized, and how?

This is where "data" and "agents" become important.

The data users generate in their daily lives becomes the material for robots to take actions optimized for us. On the other hand, it is also possible to design systems where that data is linked to rewards on a protocol, such as "earning tokens by providing data."

As various agents become interconnected, like in Virtuals Protocol,

• robots in the home

• goggles and devices

• on-chain agents

We can see a future where these realize "agent commerce" that performs trustless payments and data exchange through X42 and ERC-8004.trustless payments and data exchange through "agent commerce"

Using Coinbase Ventures as a "radar"

Checking what is receiving funding

When looking at the Base ecosystem from a bird's-eye view, a useful "radar" is Coinbase Ventures.

• Which platforms/projects are they investing in?

• Which teams are they acquiring and supporting?

• Which Base-related apps are actually receiving funding and support?

Coinbase is a player that is always one step ahead in terms of regulation, and following 'what they are betting on' is extremely useful for imagining the future of the ecosystem.

Summary: The Base ecosystem is 'quietly hot'

• JP Morgan's entry into tokens and the dual-yield structure of USD x stablecoins

• The current situation where stablecoins are attracting more interest than CBDCs

• HTTP-based agent transactions via X42 and ERC-8004

• Dynamics that could give rise to an altcoin season even within BTC's correction zone

• Narratives such as Zora, Virtual, Brett, ResearchCoin, Bankr, Vader, and Freysa AI on the Base chain

• The potential for a new life infrastructure of AI x robotics x agent commerce

• The perspective of where Coinbase Ventures is investing its funds

Taking all of this into account, the Base ecosystem is a very 'hot' area, looking just at the movements of the past year or two.

Times when fear and anxiety are high and prices appear to be in a 'low range' may be the best opportunity to calmly observe which projects are truly continuing to build and which narratives will grow in the medium to long term.

We at BlendsGroup are creating such an environment. An explanation of this in Japanese can be found here.
About BlendsGroup

Furthermore, there will be a Q&A session for about an hour starting at 11:00 PM on November 28th, which anyone on any plan can join. Please take this opportunity to experience it. First, try registering. It's free for 7 days. I will be there too, so Japanese interpretation is available.

BlendsGroupRegister hereIf you have any questions, please go here


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