Introduction

Base Colors is the NFT collection for every color on the internet. It is built on Base, the leading Layer 2 (L2) network on Ethereum, incubated by Coinbase. Base Colors is something fundamentally new and different. It shares characteristics with both profile picture (PFP) NFT collections and cryptocurrencies, but it is unlike any of either before it. Every token is non-fungible. You can mint the NFTs on our website and trade them on marketplaces like OpenSea. But there are 16,777,216 tokens (Base Colors), one for every color in the RGB color system. That is orders of magnitude more than the supply of most NFT projects, but fewer than that of most cryptocurrencies. 

Here are a few notable comparisons (at the time of writing):

Pudgy Penguins

8,888

Non-Fungible

Cryptopunks

10,000

Non-Fungible

Base Colors

16,777,216

Non-Fungible

Bitcoin

21,000,000

Fungible

Ethereum

120,154,198

Fungible

Dogecoin

144,760,796,384

Fungible

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