Shytoshi Kusama, the head honcho of Shiba Inu, recently expressed his thoughts on Coinbase’s Onchain Summer campaign. Kusama insinuated that the campaign had striking resemblances to the concepts previously introduced by the Shiba Inu community. He responded to a tweet by Coinbase’s CEO, Brian Armstrong, with the comment, “If it isn’t a shadowcat, it’s a copycat.”
Armstrong’s Tweet and the Onchain Summer Initiative
On August 3, Armstrong highlighted the functionality of the Base bridge in a tweet, which had been launched a day prior. He also drew attention to the forthcoming Onchain Summer initiative by Coinbase. The exchange is gearing up to roll out its Ethereum Layer 2 solution, known as Base, on the mainnet. Armstrong recently affirmed that Base is intended to usher the next billion users into the blockchain realm. The plan is to facilitate this transition by offering tools for the creation of a variety of Web3 products.
The Onchain Summer Campaign
In the run-up to the mainnet launch of Base, the Coinbase team has planned a campaign named ‘Onchain Summer.’ This initiative, which is due to commence on August 9, has elicited mixed reactions from the Shiba Inu community. As per the exchange’s announcement, this celebratory event is scheduled to coincide with the mainnet launch of Base. The event is expected to last several weeks and will feature a lively “festival of art, music, and gaming.”
The Summer of Shibarium Campaign
Earlier, the lead developer of Shiba Inu had kickstarted the “Summer of Shibarium” campaign. This initiative acted as a preparatory phase leading up to the mainnet launch of the L2 scaling solution, Shibarium. Kusama implied that Coinbase’s “Onchain Summer” initiative appeared to draw inspiration from the Shiba Inu ecosystem. However, it’s crucial to understand that although the campaigns have similar names and ideas, their respective activities differ significantly. The Summer of Shibarium is currently underway, and as previously announced by the team, several releases have been introduced in preparation for the Shibarium mainnet launch. Some of the latest developments include the Shibarium Beta Bridge and the Shibarium Youtube launch.
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