Base Transfers Its App to Cobie as Executive Acknowledges Missteps in Onchain Social Strategy
Jesse Pollak, Coinbase executive overseeing Base blockchain operations, has handed over the consumer Base app to trader Cobie. In a public statement, Pollak admitted his strategy around onchain social initiatives like Farcaster and creator coins was incorrect, leading to underperformance compared to rivals in areas such as perpetuals and tokenization.
Tickers: $COIN
Topics: Base Cobie content coins crypto strategy Jesse Pollak