Base8 Introduces Userfriendly Bitcoin Neobank and Launches Crowdfunding Campaign on Republic

Coin World News Report:
[Press Release – New York/New York, October 24, 2024]
The roadmap features L2 payments, trading, and DeFi, with a user experience that utilizes the more intuitive minimum denomination of Satoshis (SAT) for Bitcoin.
Base8
Bitcoin Layer 3 mobile platform proudly announces its official launch, bringing a seamless and user-friendly solution to the world of cryptocurrency. Base8 is designed for both novice and experienced users, integrating Bitcoin Layer 2 (L2) solutions such as the Lightning Network for fast payments, Babylon for Bitcoin staking, and Stacks for Bitcoin DeFi. Additionally, the application is one of the first to support SAT (Satoshis), with over 35 other liquidity tokens available for trading, making Bitcoin utilities and crypto investments more accessible to everyday users.
The Bitcoin New Bank of the Digital Economy
Base8’s vision goes beyond simple cryptocurrency investments. The platform aims to develop into a universal digital banking solution for Bitcoin, combining centralized investments with decentralized finance (DeFi) and utilities. Base8 focuses on SAT and is committed to supporting native Bitcoin L2, offering users a simple and secure way to invest, manage, and use crypto assets with all the advantages of Bitcoin’s decentralized settlement layer (i.e., blockchain).
Alex Shapiro, Co-founder and CEO of Base8, said, “Bitcoin is not just an asset to buy and hold, but that’s how the majority of the two billion people use it.” “We are building Base8 to unlock the potential of Bitcoin by simplifying the user experience and handling complex decentralized integrations.”
Simplifying Bitcoin with SAT
Base8 employs the minimum denomination of Bitcoin, SAT (Satoshis), to help users transact, invest, and manage assets without dealing with decimals. With its intuitive design, institutional-grade security, and custody, the application stands as one of the safest and most practical platforms for retail investors. Users can fund their accounts with ACH, SEPA, debit/credit cards, and cryptocurrency deposits, allowing immediate participation in the crypto economy.
Republic Crowdfunding Campaign
Following its launch, Base8 has launched a crowdfunding campaign on Republic, raising $1.24 million and aiming to raise a total of $3.5 million in seed funding after a successful seed round of $500,000 in 2023. The campaign has garnered a waitlist of over 31,000 users and nearly 1,000 testers, providing an opportunity for early supporters and crypto enthusiasts to participate in building a project focused on Bitcoin accessibility and the future.
Mohamed Saidi, Co-founder and Chief Strategy Officer of Base8, added, “Base8 is not just an application; it’s a movement to make Bitcoin practical. By joining our crowdfunding campaign, you can become part of our growth and help shape the upcoming Bitcoin economy.”
The funds from this campaign will be used to enhance Base8’s core technology products and L2 integrations, as well as user acquisition plans. The planned 2025 release includes features such as a Bitcoin Lightning wallet, debit cards with Apple NFC, and decentralized functionalities like staking, yield generation, and cross-chain swaps. These features will transform Base8 into a comprehensive, integrated platform that combines centralized and decentralized services, offering users the best of both worlds.
About Base8
Base8 is the next-generation Bitcoin Layer 3 platform aimed at making Bitcoin utilities more accessible to everyday users. Base8 focuses on simplifying Bitcoin transactions and providing a user-friendly experience, integrating key features such as SAT (#StackSAT), L2 solutions, and institutional-grade security, creating a seamless entry point for retail and institutional investors. Base8 believes Bitcoin should be used as originally intended – as the future of digital currency.
Base8 Website: https://base8.app/
Users can download the Base8 application: Apple Store | Google Play Store
Users interested in investing in Base8 on Republic can do so here.
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