@jessepollak: Base pivots from social to global finance after Q1 2026 setback
AI summary of the linked articleBase leader Jesse Pollak says he was wrong to bet that onchain social experiences would drive crypto adoption, and Base is now focusing on global finance. He says Farcaster, Zora, miniapps and creator coins disintegrated in the first quarter of 2026, leaving Base behind scaled competitors in perpetuals and prediction markets. Pollak has handed the Base app back to Coinbase, where Cobie will take it over, and says Base's 2026 priorities are trading, payments and agents. He names Robinhood and Stripe as formidable competitors. |
1 comment Reading this can't help to think when are we done with the corposocial? maybe stop bribing users giving them beads and mirrors and building for gamblers? Maybe stop calling stuff onchain that is not actually onchain? :) |
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