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2026-07-16 10:21:06 UTC

RWATimes.io on Nostr: 📰 Base’s social bet left it trailing in prediction markets and perps: Pollak ...

📰 Base’s social bet left it trailing in prediction markets and perps: Pollak
🗓️ Jul 16 2026 01:25 UTC

Base creator Jesse Pollak is stepping back from the Base App after admitting its social-first strategy left it behind in perps and prediction markets.

➤ Base creator Jesse Pollak is stepping down from leading the Base App due to a strategic misstep focusing on social features over financial applications like prediction markets and perpetual futures.
➤ The network is pivoting towards financial applications, including trading, payments, and AI agents, with a renewed focus on RWA tokenization and stablecoins.
➤ Coinbase CEO Brian Armstrong acknowledged past mistakes with content coins, signaling a broader shift in strategy for the company and the Base ecosystem.

#base #jessepollak #coinbase #predictionmarkets #perps #stablecoins #rwa #aiagents #financialapplications #growthstrategy

🔗 Read more at: https://rwatimes.io/articles/coinmarketcap-bases-social-bet-left-it-trailing-in-prediction-markets-and-perps-pollak-4178204720