Base unveils onchain identity tool for smart contract verification. Base Verify Onchain lets smart contracts verify user credentials for claims, mints, deposits, and voting without exposing personal information. Published 3 hours ago · Updated 3 hours ago Key Highlights * Base has launched Base Verify Onchain, a smart contract-based verification system for Web3 applications. * The tool uses an identity hash to help prevent users from claiming rewards through multiple wallets while keeping personal data private. * Developers can create access rules based on credentials such as verified X accounts or active Coinbase One memberships. Coinbase-backed Layer-2 network Base has introduced Base Verify Onchain, a verification system designed to help decentralized applications identify unique users and reduce abuse caused by multiple wallet accounts. According to guides published on Tuesday, the tool allows smart contracts to verify user credentials directly during blockchain actions such as token claims, NFT mints, deposits, and votes. Instead of relying on separate verification databases, applications can use Base Verify's signed proofs within their contracts to confirm whether a user meets specific requirements. Base said the system addresses two major challenges faced by Web3 applications: Sybil resistance and policy-based access control. How Base Verify works onchain. Sybil attacks, where a single user creates multiple wallets to gain additional rewards or influence, have remained a challenge for airdrops, governance systems, and incentive programs across the crypto industry. Base Verify Onchain tackles this issue through an identity hash, a unique identifier linked to a user's verified credentials rather than their wallet address. The same user accessing an application through different wallets would generate the same identity hash, allowing smart contracts to recognize duplicate participation and prevent repeated claims. Base said the identity hash is designed to protect user privacy by not revealing a user's real identity. It is also created separately for each application, preventing different platforms from tracking users across ecosystems. Developers can now control who gets access. Beyond preventing duplicate participation, Base Verify Onchain allows developers to introduce eligibility rules based on external credentials. Applications can restrict access based on requirements such as verified X accounts, follower thresholds, or active Coinbase One memberships. The verification process only confirms whether a user meets the required condition, while the underlying account information remains hidden from the application. This allows Web3 projects to introduce identity-based controls without requiring users to publicly share personal information onchain. How projects are using Base Verify today. The broader Base Verify infrastructure has already processed more than 200,000 verifications, according to Base. Several applications have integrated the system for different use cases. Reward platform Cody uses verification to limit claims to unique users, while Scratch uses it to direct token distributions toward specific user groups instead of anonymous wallets. Sports-focused Mini App Bracket has also used Base Verify to restrict eligibility for its $BRACKY airdrop to Coinbase One members. The smart contract-focused version of Base Verify Onchain is currently available on Base Sepolia, the network's test environment, allowing developers to experiment with onchain verification features. Why onchain identity is becoming more important. The launch comes as blockchain applications increasingly look for ways to reduce wallet farming and improve fairness in token distributions, governance participation, and reward programs. Base's focus on Sybil resistance also drew attention from the community in previous months. In June 2026, developers identified references to a "Sybil-Resistant Airdrop" and potential mainnet migration activity in an official Base GitHub repository, leading to speculation around whether the network was exploring future airdrop mechanisms or testing developer tools focused on fair participation. While Base did not confirm an upcoming token distribution, the discovery highlighted the growing importance of identity verification and anti-Sybil solutions as the ecosystem expands. With Base Verify Onchain, the network now provides developers with infrastructure to verify unique users and apply eligibility rules directly through smart contracts. While several identity verification systems focus on analyzing wallet activity, Base is taking a credential-based approach by bringing verification directly into smart contracts. As Web3 applications move beyond simple wallet-based interactions, identity verification tools are becoming an important part of blockchain infrastructure, especially for projects seeking more transparent and controlled participation models. Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

Pons V2 brings RWA trading pairs as Robinhood Chain broadens its ambitions. Robinhood Chain has seized market attention, challenging Base for a spot as one of the top chains for speculative trading within a month. Updated 19:30 EDT July 23, 2026 Pons, a launchpad built on Robinhood Chain, has rolled out its V2 upgrade with changes aimed at improving liquidity, removing trading restrictions, and supporting tokenized real-world assets [RWAs]. The update comes as Robinhood Chain continues growing rapidly, surpassing $300 million in total value locked and emerging as one of the busiest Ethereum Layer 2 networks for speculative trading. The role of Pons launchpad. The Pons launchpad is a non-custodial launchpad built for utility or equity tokens with a fixed supply. The product includes an explorer, creator dashboard, wallet analytics, and on-chain data. Built exclusively for the Robinhood Chain, but not an official Robinhood product, Pons has quickly become the platform of choice for Robinhood Chain traders. As the network aims to challenge Base and Solana, a Pons upgrade was welcomed by community members, whose feedback the development team had listened to. Termed the Pons V2, it addresses one of the biggest complaints users had, which was around liquidity and trading restrictions, by introducing a bonding curve denominated in ETH. Trading restrictions will remain configurable only for developer wallets, while all other wallets will be able to trade freely. This change would eliminate failed transactions by third-party applications. The Pons team redesigned their fee structure such that creators will now be able to collect fees in ETH by default, instead of accumulating fees in the launched token, using their new Uniswap V4 pools. Alongside ETH payouts by default, creators will have the option at deployment to receive creator payouts in another supported asset, Pons said. Speculative meme trading is the network's largest DEX trading volume. Robinhood Chain is positioned to onboard millions of users onchain, wrote Martin Gaspar, FalconX Senior Crypto Market Strategist. Cumulative DEX volume has exceeded $9 billion, with 80% coming from higher-risk memecoins. Beneath this trading frenzy, profits remained concentrated. 63% of traders were facing losses, and only 46 wallets have made profits exceeding $1 million. AMBCrypto warned that this could lead to fading enthusiasm after an initial wave of popularity, driven by memecoin launches and valuations that depend less on fundamentals and more on narratives. The introduction of custom RWA trading pairs in the Pons V2 upgrade could benefit the chain by helping with Robinhood Chain's stated focus on RWAs. Tokenized stock market cap growth and functional onchain utility for these tokens could drive the organic adoption of the Robinhood Chain, according to Gaspar. Final summary. * Robinhood Chain has seized market attention. Within a month, it is challenging Base for a spot as one of the top chains for speculative trading. * The introduction of custom RWA trading pairs in Pons V2 directly supports Robinhood Chain's broader focus on RWAs.

Base and Coinbase work on 1:1 tokenized stocks as Robinhood leads the charge. * July 21, 2026 * By Automation Digital Currencies Base, an Ethereum layer-2 network, is collaborating with Coinbase to create a product for tokenized equities that will be backed one-to-one by actual shares. This initiative comes as Robinhood Chain has made strides in integrating stock-linked assets into an EVM-compatible environment. Progress on tokenized equities. Jesse Pollak, founder of Base, expressed his frustration regarding the pace of development in the tokenized equities sector, acknowledging that Robinhood Chain has set a precedent with its swift implementation. He highlighted that the forthcoming Base product will be distinct from Robinhood's offerings, as it aims to utilize equities backed by real shares. Although Pollak did not specify a launch date or detail the list of supported stocks, he emphasized the advantages of their model in terms of trust and capital efficiency. Stocks & Bonds Market implications and competition. As the market for tokenized stocks continues to expand, the competition intensifies, with the total value of this sector estimated at approximately $1.85 billion. stocks. Coinbase's strategy involves creating a product that ensures equity ownership alongside shareholder rights, while Pollak's comments suggest that Base is on the verge of aligning closely with these developments. However, key details regarding custody, transferability, and regulatory aspects remain to be clarified before investors can fully assess the competitive landscape. Discover more Stock Exchanges Financial Markets News