Toshi

Toshi (TOSHI) is a memecoin that acts as the mascot of Base, a layer-2 blockchain made by Coinbase and aligned with Ethereum. Its name combines two references: the cat owned by Coinbase co-founder Brian Armstrong, and Satoshi Nakamoto, the pseudonymous creator of Bitcoin. Coinbase Wallet once carried the name Toshi.

The project calls itself the largest community-driven effort on Base. It says it wants to become the public face of the Base ecosystem, relying on meme culture and a growing community to bring more people onchain.

Governance is planned through the MEOW DAO, a decentralized autonomous organization. Toshi is described as moving toward this structure, in which holders of the token would vote on decisions.

Toshi has also issued NFT collections. NFToshis 2.0 contains 5,000 unique NFTs linked to the rebranding. Its mint has closed, and the NFTs are soulbound, meaning they cannot be transferred. The original NFToshi collection remains on Rarible. Branded clothing and downloadable logo files are also offered.