Coinbase’s Base Network Welcomes Ethereum Game ’Aavegotchi’ in Major Migration from Polygon
In a significant move for the crypto gaming industry, Aavegotchi, one of the longest-running Ethereum-based play-to-earn games, has officially voted to migrate from Polygon to Coinbase’s Base layer-2 network. The decision, proposed by developer Pixelcraft Studios and approved via DAO vote, marks a pivotal shift for the virtual pet game as it seeks to leverage Base’s scalability and ecosystem advantages. Here’s a detailed breakdown of the migration and its implications.
Ethereum Game ’Aavegotchi’ to Migrate from Polygon to Coinbase’s Base Network
Crypto game Aavegotchi, one of the longest-running projects in the crypto gaming space, has voted to migrate from the Ethereum sidechain network Polygon to Coinbase’s Base layer-2 network. The proposal, suggested by Aavegotchi developer Pixelcraft Studios, aims for a full migration to Base. Aavegotchi, a play-to-earn virtual pet game first announced in 2020, will undergo this transition following a successful DAO vote.
SEC Prepares Live Roundtable with Crypto Leaders from Coinbase, Uniswap, DRW
The U.S. Securities and Exchange Commission (SEC) is holding a roundtable discussion on April 11 focused on regulation of the crypto sector, particularly with a future-oriented direction. Industry leaders invited to the event include Katherine Minarik, Chief Legal Officer at Uniswap Labs, and Gregory Tushar, Vice President of Institutional Products at Coinbase. The roundtable, titled “Between a Block and a Hard Place: Tailoring Regulation for Crypto Trading”, aims to improve regulatory oversight of the crypto sector, focusing on nuance rather than treating all digital assets as the same phenomenon.