Base Token Plan Attracts Critics Over Shareholder Value

Ethereum’s most profitable Layer-2, Base network founder Jesse Pollak recently opened discussions and feedback on the possibility of launching a native Base token. His post quickly drew attention across the crypto community, with debates over the token’s purpose and potential beneficiaries. Messari researcher AJC noted that the Base airdrop would be the first blockchain token launched by a publicly traded company, Coinbase. Traditionally, token generation events (TGEs) provide liquidity for private inves ...