Base Co-founder Admits On-Chain Social Bet Was Wrong, Refocuses on Trading, Payments and AI in 2026

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According to Odaily, Base co-founder Jesse Pollak recently acknowledged that the platform's prior bet on native on-chain social was a strategic error. He noted that projects like Farcaster, Zora, and Miniapps failed to drive crypto adoption, causing Base to lag behind competitors in perpetual futures, prediction markets, tokenization, and payments.

Looking ahead, Base will rebrand as "the blockchain for global finance," with 2026 priorities centered on trading (tokenized stocks, meme coins, app tokens), payments (global stablecoins for individuals and enterprises), and AI Agents leveraging crypto as native currency.

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