New York, USA/NY, October 24th, 2024,
Chainwire
The roadmap features L2 payments, trading, and DeFi, with a UX
that adopts Satoshis (SATs), Bitcoin’s more intuitive smallest
denomination.
Base8, a Bitcoin Layer 3 platform for
mobile, is proud to announce its official launch, bringing a
seamless, easy-to-use solution to the world of cryptocurrency.
Built for new and experienced users, Base8 will integrate Bitcoin
Layer 2 (L2) solutions like the Lightning Network for fast
payments, Babylon for Bitcoin staking, and Stacks for Bitcoin DeFi.
Additionally, the app is one of the first to support SATs
(Satoshis), and already offers trading in 35+ other liquid tokens,
making Bitcoin utility and crypto investing more accessible to
everyday users.
A Bitcoin Neobank for the Digital Economy
Base8’s vision extends beyond simple crypto investment. The
platform is evolving into a universal digital banking solution for
Bitcoin that merges centralized investing with decentralized
finance (DeFi) and utility. With its focus on SATs and commitment
to supporting native Bitcoin L2s, Base8 offers users a simple and
secure way to invest, manage, and use crypto assets, with all the
advantages of Bitcoin’s decentralized settlement layer, aka the
blockchain.
“Bitcoin is meant to be so much more than just an asset
to buy and hold, yet that’s how the majority of the two hundred
million people use it," said Alex Shapiro, Co-Founder and CEO of
Base8. "We’re building Base8 to deliver on Bitcoin’s full potential
by making the user experience simple while handling the complex
decentralized integrations under the hood.”
Simplifying Bitcoin with SATs
Base8 features SATs (Satoshis), the smallest denomination of
Bitcoin, to help users trade, invest, and manage their assets
without the confusion of decimals. The app’s intuitive design,
combined with institutional-grade security and custody, makes it
one of the most secure and practical platforms for retail
investors. Users can fund their accounts with ACH, SEPA,
debit/credit cards, and crypto deposits, allowing them to instantly
participate in the crypto economy.
Crowdfunding Campaign on Republic
Along with its launch, Base8 has gone live with a $1.24M crowdfunding campaign on
Republic, and plans to raise a total of $3.5M in their
seed round, which follows a successful $500k pre-seed raised in
2023. With a waitlist of over 31,000 users and nearly 1,000 beta
testers, the campaign offers an opportunity for early supporters
and crypto enthusiasts to participate in building a project focused
on accessibility and the future of Bitcoin.
“Base8 is more than just an app—it’s a movement to make
Bitcoin practical. By joining our crowdfunding campaign, you can be
a part of our growth and help shape the coming Bitcoin economy”
added Mohamed Saidi, Co-Founder and Chief Strategy Officer of
Base8.
Funds from the campaign will be used to enhance Base8’s core
tech offerings and L2 integrations, as well as user acquisition
initiatives. Planned releases for 2025 include a Bitcoin Lightning
wallet, a debit card with Apple NFC, and decentralized features
such as staking, yield generation, and cross-chain swaps. These
features will transform Base8 into a comprehensive, all-in-one
platform that integrates both centralized and decentralized
services, offering users the best of both worlds.
About Base8
Base8 is a next-generation Bitcoin Layer 3 platform
designed to make Bitcoin utility more accessible to everyday users.
With a focus on simplifying Bitcoin transactions and offering a
user-friendly experience, Base8 integrates key features like SATs
(#StackSATs), Layer 2 solutions, and institutional-grade security,
creating a seamless entry point for both retail and institutional
investors. Base8 believes Bitcoin should be used as originally
intended - as the digital money of the future.
Base8 Website: https://base8.app/
Users can download the Base8 App: Apple Store | Google Play Store
Users interested in investing in Base8 on Republic can
do it here.
For press inquiries or more information, contact:
team@base8.app
Contact
CEO/Co-Founder
Alexander
Shapiro
Base8
Inc.
ashapiro@base8.app