At the recent BaseCamp event, Jesse Pollak, head of the Base ecosystem, announced that the project is considering the possibility of launching its own network token. This marks a significant shift from the project's previous position.
Change in Base's Position
Base has long maintained that there were no plans to issue a token. However, it has recently begun actively exploring the possibility of launching its own token, highlighting a change in the team's approach.
Trump's Return and Its Impact
The optimism around the regulatory environment in the U.S. may be linked to Donald Trump returning to the presidency. His previous term was marked by cautiousness regarding cryptocurrencies, but a shift in tone is now apparent, creating a more favorable atmosphere for the crypto industry. Pollak noted that the possibility of issuing a token is being considered if the legal framework improves.
Prospects for the Base Ecosystem
Launching a token could unlock new growth opportunities for the Base ecosystem, providing greater flexibility for governance and incentives for developers and users. However, since Coinbase is a public company, any decision to launch a token must undergo thorough legal scrutiny. It is crucial that U.S. regulations support decentralization, allowing Base to follow the path of other successful Layer 2 platforms.
While no specific decisions have been made yet, the change in policy and potential improvement in the regulatory environment open new horizons for Base.
