Base Launches a Token?! Is the Base Chain a Chain for Social/Meme Coins? The Base Chain started as OP Stack L2 in 2023 and grew rapidly through low-cost, high-speed transactions. However, trust subsequently plummeted due to controversy over favoritism stemming from a strategy centered on Social/Creator/Meme coins such as Friendtech and Zora. Leader Jesse Pollak even admitted last February that "the strategy did not proceed as planned." Base Network Token Exploration In fact, Base had previously stated that it had "no plans to create a token." However, perhaps sensing a crisis due to continuously declining TVL and activity, they began hinting at the possibility of a TGE with the official announcement of the Base Network Token Exploration in September 2025. CEO Brian Armstrong personally expressed strong support, calling it "a good tool for decentralization and accelerating the growth of creators and developers." 2026 Mission, Vision & Strategy **After** - In January 2026, Coinbase announced, “Let’s bring the world on-chain with the Base chain and Base App.” - In March 2026, they announced the 2026 Mission, Vision & Strategy. The main directions of the strategy include: • Expansion of the on-chain market • Scaling of stablecoin-based payments • Strengthening the developer and builder ecosystem At the same time, they are evolving to become even more independent by moving from the OP Stack to a proprietary infrastructure. **The Transformation of Base** In fact, there has not yet been a confirmed announcement regarding token creation or airdrops. However, the friend invitation feature on the Base App is actively operating. Many people view this as an intention to “first increase the activity of the chain and dApps through the Base App, and then use that as a basis for airdrops.” Furthermore, the fact that Brian Armstrong is personally leading the effort is seen as a signal that Base is entering a new phase for a resurgence. Going forward, I will examine the DeFi ecosystem within the Base ecosystem and share news and farming strategies. #KOL