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Coinbase's ambition: Marching towards an encryption empire
[Plain Language Guide] Coinbase is transforming from a cryptocurrency exchange into an empire that encompasses the entire encryption ecosystem.
By launching the Base chain and The Base App, Coinbase has built a complete ecosystem from trading to infrastructure to applications, similar to Google's expansion model. The company expands its industry influence through acquisitions and its alumni network, promoting the popularization of encryption. However, this also brings a contradiction between centralized and decentralized values.
Coinbase's strategy has lowered the barrier for users to participate in the on-chain economy, but the market needs to find a balance between convenience and the spirit of decentralization. This report provides an in-depth analysis of Coinbase's strategic expansion and its impact on the encryption industry.
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