- Basic designer Jesse Pollak does not seem to be afraid to offend the traders in her quest to defend an experience of token controversial by the project.
- A co-founder of Pump.fun postponed the Pollak declaration.
- Base says he wants to lead a chain content revolution.
In the past few days, the team behind the base, the global-incubated cornerbase COIN The Ethereum Layer 2 blockchain was criticized on an supposed token experience that briefly left market speculators holding the bag. But instead of making concessions or apologizing, the basic team, in particular its main developer Jesse PollakDouble.
Creators on traders
Pollak does not seem to be afraid to offend traders in his quest to defend the basic controversial token experience. As part of an X Post Storm, he whipped to defend the actions of the basic team, the blockchain developer said on Monday that creators, not traders, are the blockchain priority.
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“Trading is downstream of creativity. The volume is downstream of creativity. Growth is downstream of creativity. My priority 1 is growing creators and creativity, everything else will take care of itself,” he wrote.
Unsurprisingly, the declaration sparked a decline. Reacting to Pollak declarations, Alon CohenCo-founder of the popular Solana Memecoin Launchpad Pump.fun, argued that traders prevail over creators and crypto developers.
“If traders do not see value, creators and developers do not eat and go elsewhere. So, if you are tokensiz something, traders pass first,” he wrote
But Pollak doubled.
“I love traders, but our North Star helps creators and developers to build their dreams-everything else downstream,” he replied.
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The round trips culminated in a one month bet on the prospect of basic success with this philosophy.
‘Contentcoin’
Last week, the Official Basic X Account shared an image with the legend “Base is for everyone”, following a minute later with another article indicating “Ined Ind”, binding to Zora, a social network in chain supported by Coinbase which tokenizes the content, where users could buy a post -based token.
Unsurprisingly, many have done so. The value of the token quickly climbed $ 17 million. But just when speculators began to climb up, the token quickly crushed 96% at around $ 720,000, leaving the bag a lot.
The accident came while the first buyers dumped en masse while the base continued to create new tokens, distribute attention and trigger confusion.
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In the aftermath of Chaos, the basic team said that token launches were part of an experience to encourage people to put their content in chain.
“Someone must normalize the implementation of all our content. And I am not afraid that it is us. Why? Because following chaos, we will normalize behavior and create a better future for creators,” said Pollak, connecting a series of messages explaining how the tokens launched by the base differ from Memecoins.
Pollak defined the so-called content as representing unique content with a singular value and no expectations. But these arguments concerning the intention did not prevent a lot from denigrating the execution of the base.
For example, now founder of media Matthew Medved said the approach of this base has harmed user confidence.
“The base could have been more obvious as an open experience. Instead, the post fell without the appropriate context, and the explanation of the” content piece “came only after the crash. The blow managed to capture attention, but he ended up looking like another traction of confidence.
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