Jesse Pollak: Bet on Social Errors on the Chain, Focus on Transactions, Payments, and AI Agents in the Future

Jesse Pollak, the founder of Base, admits that his previous bet on native social networking on the chain was wrong. In the future, Base will focus on three major areas: transactions, payments, and AI agents. Transactions cover tokenized stocks, Meme coins, and application tokens, with payments centered around global stablecoins and AI agents serving the machine economy. The Base application will be returned to the Coinbase team and promoted by Cobie. Base will continue to distribute resources to support developers through Base Layer, Base Batches, Ecological Fund, and Coinbase.