Is Coinbase BASE Chain Future of IP Market? purrLabs Think So

The way forward for the IP market might run via the Base chain – not less than in line with purrLabs, the Web3 leisure firm betting large on Coinbase’s Layer-2 community. As tokenized characters, AI-driven manufacturers, and on-chain creator economies explode throughout crypto, Base chain has emerged because the quick, low-cost, and consumer-ready battleground for next-generation mental property.

With purrLabs partnering with District.xyz, and Coinbase backing Base into the #1 client L2, extra builders are asking whether or not Base is quietly changing into the brand new infrastructure normal for the worldwide IP market.

(Supply – marketgrowthreport)

Is Base Chain Actually Changing into the Basis of IP Capital Markets?

purrLabs definitely thinks so. The Silicon Valley IP studio (and Coinbase’s first official licensed IP accomplice) introduced a major collaboration on November 19, 2025, with District.xyz, the a16z-backed launchpad native to Base. Their shared mission is to construct IP Capital Markets, or ICPM, a monetary layer the place characters, tales, and full worlds turn into tokenized, tradeable, and community-owned on-chain.

VERY MIGGLISH NEWS: We’re partnering with @DistrictXYZ (https://t.co/C2LXXUbMJa)— the main Web Capital Markets launchpad on @base, backed by @a16z — to construct the way forward for IP Capital Markets (IPCM).

Tokenized IP. Onchain distribution. Tradition-powered economies.A brand new… pic.twitter.com/RiYFHF9UaZ

— purrLabs (@purrLabs) November 20, 2025

Why Base? purrLabs cited the chain’s ultra-low charges, huge retail funnel via Coinbase, and explosive creator economic system ecosystem. District is already probably the most lively launchpad on Base, serving to spin up DAOs, memes, and creator initiatives at “web velocity”. purrLabs CEO Kousuke Tominaga says the aim is easy: construct the rails that make IP tokenization inevitable.

One other day means one other alternative to remain migglish pic.twitter.com/7GmuN3UnCS

— Mr. Miggles (@MrMigglesOnBase) November 18, 2025

This imaginative and prescient goes past NFTs. purrLabs combines bodily and digital IP, all of which contribute worth to unified on-chain character economies. Their flagship mascot, Mr. Miggles, is already the prototype: a meme-born character evolving into a totally tokenized model engine.

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Is Base competing with Pudgy Penguins within the Web3 IP Race?

Pudgy Penguins laid the trendy blueprint for on-chain IP licensing: toys at Walmart, animated shorts, the PENGU token, and a roadmap towards a 2027 IPO. However Pudgy nonetheless operates totally on Ethereum and its personal managed ecosystem.

Over time I've seen Pudgy Penguins written off for lifeless a number of instances by CT when the broader market was bearish.

Each time, they've come again stronger than earlier than.

They're nonetheless constructing and growing their international model consciousness at a tempo in contrast to another IP play in…

— Okay A L E O (@CryptoKaleo) November 19, 2025

Base, in the meantime, has turn into the challenger L2. It dominates on-chain social, creator experiments, memecoins, and client apps. With purrLabs and District pushing IPCM on Base, the community is positioning itself because the infrastructure layer for scalable, fractional, financialized IP markets.

Though each are community-powered IPs, they’ve zero direct overlap. Pudgy runs its licensed NFT mannequin, whereas purrLabs is constructing tradable on-chain IP markets for characters and digital universes. Coinbase’s Base chain is just changing into the house for the latter.

If Pudgy represents the “established winner,” purrLabs + Base signify the brand new, fast-moving challenger.

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Will Base Chain Energy the Subsequent Wave of Tokenized IP?

If the purrLabs narrative proves right, Base might turn into the house for manufacturers that develop via neighborhood participation quite than Hollywood-style IP cycles. Its low charges, built-in Coinbase onboarding, and creator-first ecosystem give it a singular edge.

With District.xyz offering the launch rails and purrLabs bringing the cultural IP engine, the Base chain is attracting builders who wish to tokenize worlds, not simply mint footage.

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