{"id":2661,"date":"2026-07-16T02:47:56","date_gmt":"2026-07-16T02:47:56","guid":{"rendered":"https:\/\/xrpfaucet.site\/?p=2661"},"modified":"2026-07-16T02:47:56","modified_gmt":"2026-07-16T02:47:56","slug":"base-creator-jesse-pollak-pivots-after-admitting-social-strategy-failed","status":"publish","type":"post","link":"https:\/\/xrpfaucet.site\/?p=2661","title":{"rendered":"Base creator Jesse Pollak pivots after admitting social strategy failed"},"content":{"rendered":"<div class=\"crypto-article\">\n<p>\ud83d\udcf0 <strong>Exclusive Crypto News &#038; Analysis:<\/strong> Stay ahead with the latest developments in the cryptocurrency and blockchain space.<\/p>\n<p>\ud83d\udcc8 <strong>Market Update:<\/strong> Real-time price movements, technical analysis, and trading signals.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.sanity.io\/images\/s3y3vcno\/production\/ac85e5d9c09d2d2891e91e4bff21c568b741187b-1920x1080.jpg?fm=jpg&amp;w=1920&amp;h=1080&amp;crop=focalpoint&amp;fit=clip\" \/><\/p>\n<div>\n<p>Coinbase\u2019s Jesse Pollak said he is stepping back from leading the Base app after acknowledging that his bet on an onchain social economy failed to drive crypto adoption as he had expected.<\/p>\n<p>The Base creator said he had spent the last two years betting that builders and onchain-native social experiences, including <a href=\"https:\/\/www.coindesk.com\/business\/2026\/01\/21\/farcaster-founders-step-back-as-neynar-acquires-struggling-crypto-social-app\">Farcaster<\/a>Zora, mini apps and creator coins, would fuel crypto&#8217;s next growth wave. But in <a href=\"https:\/\/x.com\/jessepollak\/status\/2077427261586997745?s=20\" target=\"_blank\" rel=\"noopener noreferrer\">a post on X on Wednesday<\/a>he said while developers did spur adoption through products like stablecoins, prediction markets and perpetual futures, social applications &#8220;disintegrated completely.&#8221; <\/p>\n<p>&#8220;I was definitively wrong,&#8221; Pollak wrote, adding that Base&#8217;s focus on social left it behind competitors in key areas including trading, tokenization and payments.<\/p>\n<p>As part of the pivot, Pollak said that the leadership of Base app will return to Coinbase, where popular crypto investor Jordan Fish, also known on X as \u2018Cobie,\u2019 will oversee its development. Pollak said Fish will work to make the Base app &#8220;the best damn app for onchain,&#8221; including expanding beyond the Base ecosystem, while Base itself will prioritize trading, payments and AI agents as it seeks to become infrastructure for global finance. <\/p>\n<\/div>\n<p>\ud83d\udca1 <strong>Pro Tip:<\/strong> Bookmark our site for daily insights, market predictions, and expert trading strategies.<\/p>\n<p>\ud83d\udd17 <strong>Explore More:<\/strong> Check our sections for in-depth guides, exchange reviews, and blockchain technology deep-dives.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\ud83d\udcf0 Exclusive Crypto News &#038; Analysis: Stay ahead with the latest developments in the cryptocurrency and blockchain space. \ud83d\udcc8 Market Update: Real-time price movements, technical analysis, and trading signals. Coinbase\u2019s Jesse Pollak said he is stepping back from leading the Base app after acknowledging that his bet on an onchain social economy failed to drive &hellip;<\/p>\n","protected":false},"author":1,"featured_media":2662,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","footnotes":""},"categories":[10],"tags":[953],"class_list":["post-2661","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-coinbase"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/posts\/2661","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2661"}],"version-history":[{"count":0,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/posts\/2661\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/media\/2662"}],"wp:attachment":[{"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2661"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}