In the fast-paced world of blockchain, Base – the Ethereum layer 2 solution backed by Coinbase – is making waves. A recent tweet from the official Base account highlights a keynote speech by Xen BH, who leads global growth at Base, at the Network State Conference. If you're into meme tokens or onchain innovation, this talk sheds light on how communities like Base are transforming into something much bigger: a network state.

Let's break it down. Base started as a platform to fix the flaws in our current financial system – think unfair fees and limited access. It's built on Ethereum but as a layer 2, meaning it handles transactions faster, cheaper, and more securely. No more waiting ages for confirmations or paying sky-high gas fees.

The tweet shares a video of Xen's presentation, where he outlines Base's core components:

• The Base Chain: This is the backbone, enabling those speedy and affordable transactions.
• The Base App: Imagine a one-stop shop combining social networking, app discovery, chat, payments, and trading. It's like Twitter meets Venmo meets a crypto exchange, all in one.
• Base Build: Tools for developers to create and launch onchain apps easily.

But here's the exciting part – Xen announces that Base is evolving into a network state. Drawing from Balaji Srinivasan's concept (check out his book on network states), a network state is essentially a decentralized country. It's a community that's organized online but can extend to real-world impact.

Xen describes the "builder network" as a global community of founders, creators, traders, and contributors. It's decentralized, so anyone can join from anywhere, but structured with leaders in over 25 countries to get things done. Think of it as a collaborative ecosystem where:

• Founders build apps that provide value and generate fees for the network.
• Creators distribute and promote these apps and tokens, earning better than on traditional platforms.
• Traders inject capital, funding the ecosystem while chasing upside from quality projects.

This synergy has propelled Base to impressive stats: $12 billion in assets, $4 billion in stablecoins, $3 billion in transactions, and thousands of apps. For meme token enthusiasts, this means a thriving environment where viral tokens can launch, gain traction, and create real economic activity.

Xen maps Base directly to the network state framework:

• It's a social network via the Base app.
• It promotes moral innovations like openness, ownership, and global collaboration.
• There's a strong community spirit, a recognized founder (Jesse Pollak), and a knack for collective action – building stuff together.
• Civility? Check. Integrated crypto? They're exploring a network token.
• Governance through smart contracts is in progress, with stage-one decentralization achieved.
• Physical presence in multiple countries, a virtual capital in the app, and an onchain census showing millions of users and over $1 billion in revenue.

While diplomatic recognition isn't there yet, Xen points out how governments are warming up to crypto, holding it in reserves. It's not far-fetched to imagine network states gaining legitimacy.

Why does this matter for meme tokens? Base has become a hotspot for memes like Brett or Toshi, thanks to its low fees and vibrant community. As Base morphs into a network state, it could supercharge meme creation and trading, blending fun with real utility in a decentralized economy.

If you're a blockchain practitioner or just dipping your toes into memes, keep an eye on Base. It's not just a chain; it's building a future where onchain communities rule. Head over to the Base website to get started, or watch the full talk in the tweet for more inspiration.

Key Takeaways for Meme Token Builders

• Community First: Leverage Base's builder network to collaborate globally.
• Low Barriers: Cheap transactions mean more room for experimentation with memes.
• Future-Proof: As network states emerge, memes could evolve from jokes to cultural assets in decentralized societies.

This evolution signals big things for the meme token space – stay based!