Coinbase CEO responds to community open letter: Coinbase has a wide range of uses, and its social features facilitate content distribution.

According to Foresight News , Coinbase CEO Brian Armstrong responded to an open letter from some community members addressed to Base. A key point in the letter was that Base seems increasingly inclined to frame its ecosystem around a creator economy rather than an on-chain economy, repeatedly promoting creator tokens. Armstrong responded by stating that the Base chain is versatile and suitable for various application scenarios: payments, transactions, DeFi, application/company building, and more. Our goal is to ensure that every developer on Base receives a share of the revenue. I believe social feeds are crucial for content distribution—whether for emerging applications/businesses/developers, investments, prediction markets, social trading features, alpha/insights, etc. Cryptocurrency is a good ranking metric, and because there is real value exchange involved (unlike bot farms common in traditional social media), it is harder to fake. Therefore, I think feeds are important, especially with native cryptocurrency like functionality. However, it's currently impossible to determine which type of content will ultimately perform best in feeds. We'll only know after publishing and collecting data. User interaction within the application is a crucial metric for iteration.