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Base8 isn't accepting new investments

Base8’s deadline was January 24, 2025

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Base8

A Bitcoin layer 3 solution bridging centralized investing with decentralized utility
Crypto Immigrant Founders B2C P2P Fintech Apps Blockchain
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$75,489
Raised
70
Investors
Successfully funded and closed on January 24, 2025.
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Closed on January 24, 2025. Information may not be up-to-date. Campaign closed on January 24, 2025. Information displayed may not be up-to-date.
Problem Solution Product Traction Next steps Biz. model Competition Founders Summary
About Team Press

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Base8 Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Base8 SAFE Base8 Form C.pdf
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Hear from some of the 70 investors in Base8


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Highlights


  • Integrating Bitcoin L2s for decentralized utility: Payments, swaps, DeFi
  • Simplifying Bitcoin and crypto investing with the Satoshi(SAT) denomination
  • Graduated approach with centralized, hybrid and decentralized modules
  • Closed $500k Pre-seed while still in Beta
  • 31,000+ people on waitlist, tested by 500+ people on Apple TestFlight
  • Prometheum Co-Founder, TZ Crypto CEO, Columbia Engineering, NYU Stern
  • Live on Apple (iOS) and Google (Android) in 38 U.S. states and 34 countries

Problem


"Bitcoin is the most trusted and popular crypto investment asset but it's meant to be so much more..." 

Using Bitcoin is hard.

Holding is easy, but there are more sides to this coin

  • Bitcoin is digital, blockchain-based money. It's utility is the same as any other money:  Store of value (save/invest), means of exchange (pay/transact), and measure of value (cost/denomination).
  • Bitcoin’s blockchain (the layer 1 or L1) makes it the most secure decentralized settlement layer for transactions because of it's Proof of Work consensus and high node count. But that makes it slow and expensive due to block validation times and gas fees to miners.
  • Bitcoin's price appreciation and broad adoption are driving technical innovation on top of the existing blockchain to make it faster, cheaper, and smart contract compatible - these projects are called Layer 2 or L2 solutions.
  • L2s enable faster and cheaper payments and peer to peer transactions, decentralized exchange, swaps to other crypto, Dapps, yield generation (DeFi), and even token and NFTs creation. But there are a lot of L2s and each one requires it's own integration and compatible wallet - this is known as the Bitcoin ecosystem's fragmentation problem.
  • Only experienced users can juggle multiple platforms and/or wallets to access different L2s to unlock Bitcoin's full utility. Regular people just buy and hold, and never make the transition to native/decentralized functionality for even simple things like paying for everyday purchases.

The Bitcoin Ecosystem's Fragmented "Layers"



Solution


An L3 solution

Base8 is an easy to use mobile app that offers full Bitcoin utility by aggregating L2s and adopting the Satoshi or SAT denomination.

We're defined as a Layer 3 or L3 solution because we are an application layer solution - the app sits between many Bitcoin L2s and our users.

  • We help users navigate Bitcoin's steep learning curve by chaperoning their journey from first centralized investment to a self custody wallet, native payments, and DeFi.
  • The app's user experience is engaging while our backend handles the complexity of Bitcoin’s layered blockchain ecosystem.
  • We support Bitcoin's native, much cheaper denomination - a Satoshi or SAT (#stacksats).  It's a simple mathematical switch from BTC to SATs, yet fundamental to unlocking Bitcoin’s usability. SATs are affordable and eliminate the need for decimals when it comes to investing, plus they are much easier for pricing goods and services.


Product


MVP

Available now: 

File:Download on the App Store Badge.svg - Wikimedia Commons  File:Google Play Store badge EN.svg - Wikipedia   


What's next



Traction


Roadmap



Next steps


Growth strategy


Operational

  • Key Hires: Targeting senior engineers, a CISO, QA lead, and social/marketing manager to drive product development and scaling.
  • Legal Preparation: Developing the $BASE8 token airdrop, with tokenomics modeling and Cayman entity formation.


Product

  • App Enhancements: Continuous improvement based on user feedback, with a focus on security protocols and backend optimization for scaling.


Marketing

  • User Acquisition Funnels: Social and email-driven campaigns focused on turning downloads into active users with $BASE8 and SAT rewards as incentives.
  • Enhanced Engagement: Integrating affiliate marketing alongside paid ads, organic posts, and referral promotions.


Business model


Forecasts






Competition


No one's doing it - but they’re definitely thinking about it.


Bitcoin-only apps lean into Bitcoin as a store of value

Fashioned more like banking and discount brokers, these apps choose simplicity and a familiar UX/UI to target traditional investors with traditional investment objectives.


Bitcoin wallets favor decentralization over user experience

Blockchain native wallets deliver the most decentralized and authentic Bitcoin utility, but they are harder and riskier to use, and perpetuate Bitcoin’s fragmentation problem.




Founders


Our team



Summary


Why you should invest in Base8

Base8 is building a Satoshi super app that democratizes access to Bitcoin’s value as an investment asset and its utility for both traditional and digital economies. 

By addressing the fragmentation in the Bitcoin ecosystem and focusing on the user experience, anyone with a phone and internet (and our app) can fully harness the power of Bitcoin.



Deal terms


Valuation cap

$10,000,000

The maximum valuation at which your investment converts into equity shares or cash.
Learn more

Minimum investment

$250

The smallest investment amount that Base8 is accepting.
Learn more

Maximum investment

$124,000

The largest investment amount that Base8 is accepting.
Learn more

Funding goal

$1.24M

Base8 must achieve its minimum goal of $50K before the deadline. The maximum amount the offering can raise is $1.24M.
Learn more

Deadline
Base8 needs to reach their minimum funding goal before the deadline ( ). If they don’t, all investments will be refunded.
Learn more
Type of security

SAFE

A SAFE allows an investor to make a cash investment in a company, with rights to receive certain company stock at a later date, in connection with a specific event. · Learn more

How it works

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Base8 Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Base8 SAFE Base8 Form C.pdf

About Base8

Legal Name
Base8 Inc.
Founded
Mar 2023
Form
Delaware Corporation
Employees
0
Website
base8.app
Social Media
Headquarters
Google Map location of of Base8
85 Broad Street 17-108 , New York, NY
Headquarters
85 Broad Street, 17-108, New York, NY, United States 10004

Base8 Team
Everyone helping build Base8, not limited to employees

Profile picture of Alexander Shapiro
Alexander Shapiro
Founder, CEO
Profile picture of Mohamed Saidi
Mohamed Saidi
Founder, CSO
Profile picture of Stefan Feissli
Stefan Feissli
Technical Advisor
Profile picture of Peter Belton
Peter Belton
Financial Advisor
Profile picture of Vera Wang
Vera Wang
Strategy Advisor
4 more team members
Alexander Shapiro
Founder, CEO
Mohamed Saidi
Founder, CSO
Stefan Feissli
Technical Advisor
Peter Belton
Financial Advisor
Vera Wang
Strategy Advisor

Press

Base8 Launches User-Friendly, Bitcoin Neobank and Opens C...
Benzinga Benzinga
·
Oct 24, 2024

New York, USA/NY, October 24th, 2024, ChainwireThe roadmap features L2 payments, trading, and DeFi, with a UX that adopts...

Vera Wang joins Base8 team as strategy advisor - Base8
Base8 - Base8 -
·
Apr 23, 2024

Base8 Inc., creator of the Satoshi app, is pleased to welcome Vera Wang to the advisory team. Vera is currently part of t...

Base8 Launches User-Friendly, Bitcoin Neobank and Opens C...
markets.businessinsider.com markets.businessinsider.com

New York, USA/NY, October 24th, 2024, ChainwireThe roadmap features L2 payments, trading, and DeFi, with a UX that adopts...

Base8 Launches User-Friendly, Bitcoin Neobank and Opens C...
CryptoSlate CryptoSlate

New York, USA/NY, October 24th, 2024, Chainwire - The roadmap features L2 payments, trading, and DeFi, with a UX that ado...

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Base8

Base8 successfully raised $75,490 from 70 investors on January 24, 2025
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angel, essa, Ronald, Mohamed, and 66 others invested. 10 Reviews
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