According to a report by Jinjing Finance, Jesse Pollak, co-founder of Base, stated in an interview that an invitation feature will be opened in the 'Base App' in two weeks to accelerate the viral growth cycle of the Base App, ensuring that the product is good enough for every user. Coinbase announced the launch of the 'everything app' - 'Base App' on July 16, aiming to attract more users into the cryptocurrency economy. This new app, which replaces Coinbase Wallet, integrates wallet, trading, and payment functions, while also incorporating social media, instant messaging, and mini-program support, all running on its self-developed Ethereum Layer 2 network, Base. For Coinbase, this move aims to break through the limitations of its core cryptocurrency trading business and reach a broader potential user base.