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Morning Edition · Thursday, July 16, 2026Published at 1:28 AM EDT · New York
Base Creator Jesse Pollak Steps Back From App Leadership, Admits Social Strategy Failed
Pollak said the network's multi-year bet on on-chain social products did not deliver, and is redirecting Base toward trading, payments and artificial-intelligence financial tools.
Jesse Pollak, the Coinbase executive who created the Base layer-2 network, is stepping back from day-to-day leadership of the Base app after acknowledging that its bet on on-chain social products did not produce the growth the team expected…
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