
What is the zap protocol in Coinbase?
The ZAP protocol in Coinbase refers to a community-driven token issuance protocol built on the Ethereum Layer2 Blast. It aims to provide a fair, transparent, and democratic platform for early token adoption and distribution, addressing the issues of current token launch methods. ZAP consists of three core components: Labs, Launch, and Drops, designed to facilitate project tokenization and equitable distribution.
