RWATimes on Nostr: 📰 Base Creator Jesse Pollak Steps Back After Wrong Social Adoption Bets 🗓️ ...
📰 Base Creator Jesse Pollak Steps Back After Wrong Social Adoption Bets
🗓️ Jul 16 2026 02:55 UTC
Base creator Jesse Pollak says he is stepping back from running the Base App after acknowledging what he called a “wrong bet” on the role social products would play in the network’s growth. In a Wednesday post on X, Pollak argued that Base’s push toward creator and content toolin...
➤ Base creator Jesse Pollak is stepping down from leading the Base App, admitting a strategic miscalculation in prioritizing social product adoption over financial trading activity.
➤ The network is shifting focus towards financial primitives like stablecoins and tokenized RWAs, aiming to compete in trading volume and liquidity against larger rivals.
➤ Pollak will now concentrate on Base's underlying blockchain infrastructure, signaling a move towards becoming a platform for global finance and settlement.
#base #jessepollak #coinbase #layer2 #defi #tradingactivity #stablecoins #rwa #predictionmarkets #perpetuals
🔗 Read more at:
https://rwatimes.io/articles/coinmarketcap-base-creator-jesse-pollak-steps-back-after-wrong-social-adoption-bets-128980739Published at
2026-07-16 19:04:10 UTCEvent JSON
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"content": "📰 Base Creator Jesse Pollak Steps Back After Wrong Social Adoption Bets\n🗓️ Jul 16 2026 02:55 UTC\n\nBase creator Jesse Pollak says he is stepping back from running the Base App after acknowledging what he called a “wrong bet” on the role social products would play in the network’s growth. In a Wednesday post on X, Pollak argued that Base’s push toward creator and content toolin...\n\n➤ Base creator Jesse Pollak is stepping down from leading the Base App, admitting a strategic miscalculation in prioritizing social product adoption over financial trading activity.\n➤ The network is shifting focus towards financial primitives like stablecoins and tokenized RWAs, aiming to compete in trading volume and liquidity against larger rivals.\n➤ Pollak will now concentrate on Base's underlying blockchain infrastructure, signaling a move towards becoming a platform for global finance and settlement.\n\n#base #jessepollak #coinbase #layer2 #defi #tradingactivity #stablecoins #rwa #predictionmarkets #perpetuals\n\n🔗 Read more at: https://rwatimes.io/articles/coinmarketcap-base-creator-jesse-pollak-steps-back-after-wrong-social-adoption-bets-128980739",
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