Cobie Takes Charge of Coinbase's Base App
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4 Articles
Cobie Takes Charge of Coinbase's Base App
Jesse Pollak, the Coinbase executive who created and leads its Base blockchain, said he has handed the consumer Base app back to Coinbase, with the pseudonymous trader known as Cobie taking it over. Pollak announced the move in a lengthy post on X, framing it as part of a retreat from his multiyear bet that crypto’s next wave would be driven by social apps. “i’ve handed the base app back to the coinbase mothership, where my now good friend @cobi…
Jesse Pollak Exits Base App Lead: 'I Was Wrong'
Why Is Jesse Pollak Stepping Back From the Base App? Coinbase executive Jesse Pollak is stepping back from leading the Base app after acknowledging that his bet on an onchain social economy did not drive crypto adoption as he had expected. Pollak, the creator of Base, said he had spent the past two years betting that builders and onchain-native social experiences would fuel crypto’s next growth wave. Those experiments included Farcaster, Zora, m…
Jesse Pollak, creator of Base and one of Coinbase’s top executives, announced that he will no longer lead the Base app team after acknowledging that several of the platform’s social media and creative economy bets did not deliver the expected results. The executive will now focus his efforts on turning Base into an infrastructure for global finance, prioritizing trading, payments with stablecoins and artificial intelligence agents. *** Jesse Pol…
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