The Discord whispers of a crisis, or as I like to call it, “The Great Token Tangle.” 🤯
Builders Voice Frustration Over Platform Support
Base, the Ethereum Layer-2 network, has thrown its weight behind creator coins via Zora, a platform that turns your cat’s Instagram post into a tradable NFT. It’s like giving a gold star to every kid in class, but only if they’ve done their homework. 🎓
However, developers outside the creator coin club are feeling like the awkward cousin at the family reunion. Jacek, founder of the Degen token project, says, “We still can’t even get the official Base X account to follow us, let alone acknowledge launches with a retweet or mention.” Sounds like a rejection letter from the cool kids’ table. 😒
Degen was once a star player on Base’s team, but now it’s like being replaced by a TikTok influencer. Jacek contrasts Base’s cold shoulder with the warm embrace Solana gave Degen when it jumped ship. “They treated us like royalty,” he says. “Now we’re just… a footnote.” 📝
Mainstream Creator Launch Highlights Model Challenges
Enter Nick Shirley, the YouTuber who made headlines with a 118 million-view exposé on Minnesota daycare fraud. His token launch? A $9 million splash that quickly sank like a lead balloon. 🐉
Trading activity? Mostly from crypto traders, not his 118 million viewers. “If there was ever a time these creator coins were going to work, it was now,” said notthreadguy. “And it just didn’t.” Classic. 🤷♂️
Competition Intensifies as Sentiment Shifts
Base processes 10 million transactions a day, but if developers keep feeling ignored, they’ll flee faster than a vegan at a steakhouse. 🍖
“At that point, what’s the incentive to build on Base?” Jacek asks. A question that echoes through the blockchain equivalent of a broken Wi-Fi signal. 📶
SocialFi Market Growth Amid Adoption Questions
Creator coins are part of the SocialFi trend, which is basically “social media meets blockchain, but with more speculation.” 📈
Friend.tech’s user base dropped faster than a hot potato. “Engagement? What engagement?” the platform might as well say. 🤷♀️
Network Metrics Remain Strong
Base’s total value locked is $4.7 billion, which is like having a bank account with a 10% interest rate. 🏦
But if developers keep feeling like background characters, even the best metrics won’t save the show. 🎭
Balancing Innovation and Community
Base’s creator coin strategy is like trying to host a party and only inviting the popular kids. It’s a gamble, but if the rest of the guests walk out, the party’s over. 🎉
So, what’s the verdict? A blockchain version of “You had one job.” 🤡
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2026-01-01 23:53