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Base co-founder: The Base App has already been returned to Coinbase, and Cobie will further lead going forward

2026-07-16 02:27:15

Abstract generation in progress

Golden Finance reported that on July 16, Base co-founder Jesse Pollak shared reflections on Base’s past development. He admitted that betting on social and creator tokens (such as Farcaster and Zora) from 2024 to 2025 was a mistake; that sector has completely collapsed, but the bet on builders was correct. After setbacks in the first quarter of 2026, Base has shifted its focus to three areas: trading, payments, and agents, which are interrelated; currently, most resources are devoted to trading. In addition, it has handed Base App back to Coinbase, led by Cobie for further refinement.

COIN3.53%

ZORA2.57%

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