Coinbase’s Base faces builder backlash over creator coin push

Coinbase's Layer 2 network, Base, is facing criticism from developers over its recent initiative to promote creator coins, which are tokens tied to individual creators. Many builders within the ecosystem feel that this push undermines the broader decentralized ethos of the platform. Critics argue that the focus on creator coins could divert attention and resources away from more innovative projects. Despite the backlash, Coinbase maintains that the initiative aims to empower creators and foster community engagement. The situation highlights ongoing tensions between centralized platforms and the decentralized principles that many in the crypto community advocate for.

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