Base 围绕创作者代币的推广策略，因与 NFT 市场 Zora 的紧密绑定，引发部分开发者不满。尽管 Zora 推动的创作者代币发行在 8 月一度使 Base 的日代币铸造量超过 Solana，并提升了链上活跃度，但多名 Base 原生项目方认为，官方的市场与社交资源过度集中于 Zora 相关叙事，忽视了其他已有用户基础和 历史贡献的项目，削弱了其继续在 Base 构建的激励。（CoinDesk） （来源：吴说） ...

Core Viewpoint - GameStop's stock remains under pressure despite improvements in its financials, leading to questions about the viability of its turnaround story [1][10]. Financial Performance - GameStop generated $1.7 billion in revenue in the first half of 2025, marking a 1% year-over-year increase, with Q2 revenue growing by 22% due to strong demand for consoles and collectibles [3]. - The company reported a net income of $213 million in the first two quarters of the year, a significant improvement from a loss of $18 million in the same period last year [4]. Leadership and Strategic Changes - Ryan Cohen joined GameStop's board in January 2021 and has since worked to enhance the company's online presence and diversify its business model, including launching an NFT marketplace and entering the collectibles and Bitcoin markets [2][3]. - Cohen was appointed president and CEO in September 2023, reflecting the board's confidence in his vision for the company [3]. Valuation and Market Position - GameStop's stock currently trades at around $22 per share, down approximately 30% this year, with a P/E ratio of 30, suggesting potential for growth at a relatively low valuation [1][4]. - The company's market capitalization stands at $10 billion, with a gross margin of 30.06% [6]. Challenges and Concerns - Despite the positive financial indicators, GameStop's transformation into a conglomerate raises concerns about its long-term management and sustainability once Cohen departs [8][11]. - The company has not delivered substantial shareholder returns since Cohen's appointment, and its stock performance has lagged behind the S&P 500 [6][11].