Base Lead Admits Onchain Social Bet Failed, Steps Down
Jesse Pollak, lead of Base, acknowledged the platform's focus on onchain social apps—including Farcaster, Zora, and creator coins—was a complete failure. He announced he is stepping down from his role at Base App, citing misallocation of resources as a key reason for falling behind competitors.
Detected & updated continuously · Source: Nebula
Zora (zora)
@baseapp
@jessepollakSources
@ika_xbt
tldr of @jessepollak statement: - Jesse admits his big bet on onchain social (Farcaster, Zora, creator coins) failed completely, though his bet on builders paid off - The social focus left Base behind competitors in perps, prediction markets, and enterprise payments - He's
@0xmediaco
曾经 All in 社交的 Base 負责人认错了 Jesse Pollak @jessepollak 表示：2024 到 2025 年押注链上社交是错的。Farcaster、Zora、miniapps、creator coins，整条赛道在 2026 年初集体崩塌 真正驱动加密货币下一波采用的是预测市场、永续合约和稳定币，社交从来不在中心位置。Jesse https://t.co/kN7fgdPiQi
@0xWenMoon
Genuinely respect @jessepollak for being so candid and honest Finally admitting that the constant creator coin push was a failure, and stepping down from Base App I really do hope base will triple down on the builders that are left. Rooting for them here 🤝