Genesis | Bitcoin Web3 and Projects on Coinbase's new L2

Welcome to Coinfeeds Genesis – your weekly journey into the dynamic and ever-evolving world of crypto. In this newsletter, we strive to be your trusted guide, providing clarity in the highly volatile and uncertain digital markets.

This week, we showcase 23 innovative projects, ranging from smaller startups to larger enterprises, all united in their pursuit of building with the latest technologies and captivating communities across diverse ecosystems and blockchain networks.

This week we have seen an increase in building on Coinbase's new "Base" layer 2 network. This shows increasing interest and adoption, driven by its scalability and efficiency. We look forward to seeing the new exciting projects that begin to launch on the fairly new network.

Simultaneously, the Bitcoin Web3 ecosystem is experiencing significant growth, with rising user engagement and developer activity. This growth has been fueled by the development of innovative projects leveraging technologies like BRC-20 and the Stacks network to build decentralized protocols as well as the Ordinals protocol bringing about new ways to build and innovate on the network.

Here is a breakdown by sector:

Below is a selection of companies. For the complete list, and more details, please go to https://app.coinfeeds.io/genesis