In a recent statement, Jesse Pollak, founder of Base, clarified that the platform does not plan to introduce a native token. Pollak shared his views on social media, emphasizing that the focus is on enhancing user experience and solving real-world problems, not adding token complexities.
Prioritizing User-Centric Development
Pollak stressed the importance of building a product that users truly love before introducing features like pricing or tokenomics. He drew a comparison with the Hyperliquid project, noting that success comes from creating something meaningful and user-driven. He stated on X (formally known as Twitter):
“We’ve seen the same thing with @base — starting without a token lets us focus on solving real problems and means we have to really earn it every day.”
A Bold Approach to Growth
Pollak explained that prioritizing product quality over token issuance is a strategy proven successful in many startups. He reiterated that Base’s mission is to build a world-class product that resonates with users. He added:
“…there are no plans for a @base network token. We are focused on building. We want to solve real problems to help you build better. And I want your feedback on what we can do better.”
Base’s Remarkable Growth
Despite lacking a native token, Base has made significant progress in the Ethereum layer 2 space. The platform has emerged as a leader, achieving the highest Total Value Locked (TVL) among Ethereum layer 2 solutions.
Base also reached a new milestone on November 26, 2024, recording 9.32 million transactions. This peak highlights the platform’s continued success and its dominant role in Ethereum layer 2 adoption.
Pollak’s commitment to network development and solving user problems continues to drive Base’s rapid expansion. This focus has solidified its place as a leading Ethereum layer 2 solution.
I am Toby Rothschild, Co-Founder of Spearmint and author at Coinography, and a strategist focused on advancing Web3 innovation, digital ecosystems, and the future of decentralized technology. I combine product thinking, creative leadership, and deep interest in emerging trends to help shape how individuals and organizations interact with the next generation of digital systems.
My work centers on understanding how blockchain, AI, and digital identity are reshaping global industries. At Spearmint, I help lead the direction of initiatives that bring clarity, structure, and meaningful user experiences to complex technological environments. I focus on bridging vision with execution, ensuring that innovation remains practical, scalable, and aligned with long-term growth.
As an author at Coinography, I create insights that translate fast-moving Web3 developments into clear, useful narratives. I explore topics such as decentralized governance, digital identity, creator economies, token models, protocol design, and the shifting cultural patterns around emerging technology. My aim is to make digital transformation more understandable and approachable for a wider audience.
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