Creators Over Traders? Base Creator Jesse Pollak Says So

• Base creator Jesse Pollak said their priority is to support and encourage creators and developers over traders. 
• Jesse Pollak responded to Pump.fun co-founder Alon’s post, stating that traders are the most important users in the crypto space. 

Layer 2 network Base’s architect, Jesse Pollak, expressed his priority towards creators and developers in the crypto space over traders. Following a backlash over an experimental token creation on the “Base is for everyone” tagline, Pump.fun co-founder Alon Cohen and Jesse pollak exchanged their opinions over traders and creators. 

Alon Cohen posted on his official X account, stressing the importance of traders in the crypto space. His post highlights the importance he gives to traders compared to creators and developers. The post read, 

“If traders don’t see value, creators & developers don’t eat and go elsewhere. So, if you’re tokenizing anything, traders come first.”

Base creator Jesse Pollak shared his two cents, stating their priority at the Base is creators and developers. He posted, 

“I love traders, but our north star is helping creators and developers build their dreams – everything else is downstream of that.”

Jesse Pollak even pointed to one of his earlier posts, which described the importance of creativity. Pollak believes everything else will take care of itself once the creator community is robust enough to come up with new launches and experiments.

Jesse Pollak Responded to Backlash Over Experimental Token Creation

The layer-2 network experimented with the newly launched feature of the Zora platform that facilitates the conversion of social posts into tokens. It created a memecoin based on its “Base is for everyone’ post. The post and the token received criticism from the crypto community after Base announced its token creation. 

The token crashed a whopping 92% within a few hours after facing backlash from the community. Co-founder of Moku, Hantao Yuan, raised concerns regarding token distribution as top holders could control the market price movements. Alon Cohen also criticized the token, calling it premature and harmful. 

Jesse Pollak’s apology post stated,

“I’ll own this was a mistake and apologize, I’m sorry. I unequivocally back artists to create without fear on base, and I support provocative art – but the messages I share matter, especially when they look and feel like a direct message from me.”

It didn’t take much time for Pollak to receive appreciation from the crypto community for his honesty and apology. Meanwhile, the “Base is for everyone” memecoin is trading at $0.004952, much below its peak value of $0.01334. It decreased by around 15% in the last 24 hours, as per DEX Screener data. 

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