ChainGPT_Pad official X post 2078661675058950220
Updated Oct 2, 2026, 10:55 AM
Jesse Pollak just called Base's onchain-social bet "definitively wrong" and handed the app to Cobie, refocusing Coinbase's Layer 2 on trading, payments and AI agents.
Coinbase had the reach. It didn't matter.
Social apps live or die on how a community talks to itself, not on how many users a parent company can funnel in. Distribution isn't engagement.
Handing the app to a crypto-native builder is the tell: reach gets you users, culture keeps them.