Coinbase’s Base faces builder backlash over creator coin push

Coinbase's Layer 2 network, Base, is experiencing backlash from developers over its recent push for creator coins, which are tokens associated with individual creators. Many builders in the ecosystem feel that this initiative detracts from the broader goals of decentralization and innovation. Critics argue that focusing on creator coins could lead to a more centralized platform, undermining the principles that attracted developers to Base in the first place. The controversy highlights ongoing tensions within the crypto community regarding the balance between monetization and decentralization.

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