Jesse Pollak on ‘Base Is for Everyone’ + Guy Young and Carlos Domingo on Converge - Ep. 820
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think a lot of this is downstream of what I would, classify as a a a level of cultural toxicity that exists on crypto Twitter, which is that you have to conform. And if you do something that's outside of that conformed sense of what is right or, you know, what some group thinks is right, people will attack you. And my job as a leader is to make it so that there's psychological safety for people on base to do new things and to experiment.
Hi, everyone. Welcome to Unchained, your no hype resource for all things crypto. I'm your host, Laura Shin. We are now featuring quotes from listeners on the show. Today, we have comments responding to my interview with Bitwise's Matt Hogan and FalconX's Matthew Sheffield about the market turmoil and its impact on Bitcoin. On x, Frigg says, quote, strong fundamentals always take time to shine. Feels like the long term play is still very much alive. Also on x, Amin Kad writes, the real question is when does Ethereum begin to fulfill its potential? To have your comment featured, write a review o
Glad to be here.
On Wednesday, base became the center of crypto's attention when the base x account tweeted, base is for everyone, and in a reply, wrote, coined it and post posted a link to a coin on Zuora. The price pumped up to about, I think it was $17,000,000 market cap within an hour, and then it immediately dumped down to less than $2,000,000. Users were crying fouls, saying that what happened here was a rug pull. Coinbase later issued a statement saying, Base posted on Zuora, which automatically tokenizes content. Yet you had also tweeted that you had green lit the token launch. So what happened there?
Yeah. Absolutely. So one of the biggest priorities for base right now is figuring out how we can give creators better tools for being creative online. Because when we look at the last twenty years of the Internet history, one of the biggest things that has driven the growth of the Internet is creators. You know, they're the ones creating all the content on Twitter, on TikTok, and Instagram. When you look at the reality of those creators, they're kind of getting left out to dry. Those platforms are making massive amounts of money off of the creativity, but the creators aren't earning. And so on
And so then it does sound like it was intentional. So then just square that with the Coinbase statement about base posted on Zuora, which automatically tokenizes content?
Every time you post on Zuora, it turns into a coin. That's the Zuora protocol. We're gonna put content on Zuora. That's gonna turn it into a coin. Base is gonna keep posting on Zora, and we're gonna keep creating coins for all of our content.
Oh, interesting. And it so then just, like, if I'm going to walk through what this future looks like, then is it a situation where we could expect that Coinbase would ever list bases for everyone coin?
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