Base co-founder: The challenge of tokenization is to provide exposure for early builders without creating negative market incentives.
Foresight News reported that Base co-founder Jesse Pollak tweeted that the challenge of tokenization lies in providing exposure for early and emerging builders without creating negative market incentives. Such exposure is crucial for new builders to receive feedback, optimize products, and achieve breakthroughs, but the means of achieving this are becoming increasingly complex. At the same time, tokenization brings negative externalities to early projects: PVP price competition, risks of anonymous developers, and a fast-paced, high-pressure environment, all of which impact innovation.
Jesse Pollak emphasized, "Both extreme approaches seem to have significant trade-offs: complete laissez-faire (the market degenerates into pure player games, malicious price manipulators run rampant, stifling innovation), or no amplification at all (new builders struggle to stand out, innovation stagnates, new growth is limited, and it is difficult to break through the current local optimum). I haven't found the answer yet, but it seems the solution lies somewhere in the middle. We should explore how to use new tools such as smart contracts to build systems that better address this challenge."
In addition, regarding the Clawnch project, Jesse Pollak stated, "They are completely anonymous—even I don't know who they are. The reason I pay attention to them is because I think what they are developing is cool, but the risk of their complete anonymity does exist."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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