4min chapter

Vaulted by PROOF cover image

Long-Term Royalty Solutions & Collector Pablo Fraile Interview: 100 PROOF

Vaulted by PROOF

CHAPTER

What's Going on With Coinbase?

Derek: It's inevitable that decent, I mean, like in my view, decentralized applications are going to replace centralized applications. And a lot of the core business models for what Coinbase does today exists on very much like centralized rails. Sam: By putting some of these use cases on an L2 that are going to look more like products and services over time, I think they're trying to control their own destiny. Derek: They want to put it behind the EVM and a theory, the Ethereum ecosystem through this layer two product, basically powered by optimism.

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