The post Base Token Plan Attracts Critics Over Shareholder Value appeared on BitcoinEthereumNews.com.

Key Notes Base network explores plans for a potential native token. Critics argue the token may prioritize COIN shareholder value over user rewards. Analysts expect an airdrop focused on long-term growth. Ethereum’s most profitable Layer-2, Base network founder Jesse Pollak recently opened discussions and feedback on the possibility of launching a native Base token. His post quickly drew attention across the crypto community, with debates over the token’s purpose and potential beneficiaries. if you have ideas, feedback, hopes, or dreams for our exploration of a @base token, please send them to @kabir_base we shared this openly so we could listen and learn from all of you — and I’ve been blown away by the input in just the first two weeks — jesse.base.eth (@jessepollak) October 2, 2025 Messari researcher AJC noted that the Base airdrop would be the first blockchain token launched by a publicly traded company, Coinbase. Jesse, head of the Base network, posted seeking ideas and feedback on exploring Base token. Messari researcher AJC’s perspective drew attention, noting that the purpose of a BASE airdrop is to increase COIN shareholder value, not just to reward Base users. The optimal solution,… — Wu Blockchain (@WuBlockchain) October 8, 2025 Traditionally, token generation events (TGEs) provide liquidity for private investors and founding teams. As a result, they try to maximize launch value rather than long-term project stability. AJC argued that the Base token case is fundamentally different. Since Coinbase is a publicly traded firm, any token distribution must benefit COIN shareholders. He explained that shareholders would not willingly give up control of the BASE token unless it increases the overall value of Coinbase’s equity. Therefore, according to the researcher, the new crypto token’s design must enhance shareholder value while still rewarding the Base community. He added that simply incentivizing DeFi metrics,…

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Filed under: News - @ October 8, 2025 10:26 am