Base Developers Seek Proposals for Future Token

BASE launch expected after 2025.

Jesse Pollak, a developer of the L2 network Base, has announced the collection of proposals for the design of a future token.

if you have ideas, feedback, hopes, or dreams for our exploration of a @base token, please send them to @kabir_base

we shared this openly so we could listen and learn from all of you — and I’ve been blown away by the input in just the first two weeks

— jesse.base.eth (@jessepollak) October 2, 2025

The community was particularly intrigued by the opinion of a Messari researcher known as AJC, who suggested that the aim of distributing BASE is to boost Coinbase’s (COIN) stock price. 

Some longer thoughts on the $BASE token:

The game theory around the upcoming BASE token is particularly interesting because it marks the first time a publicly traded company will launch a token.

Traditionally, TGEs and airdrops act as liquidity events for private investors and… https://t.co/e1BisSjRLx

— AJC (@AvgJoesCrypto) October 7, 2025

“The theories surrounding the strategic aspects of Base’s coin issuance are particularly interesting, as this is the first instance of a public company launching its own cryptocurrency,” he wrote.

According to AJC, typically TGE and airdrops serve as liquidity for private investors and the team. In the case of BASE, the primary goal will be to maximize COIN’s shareholder value.  

“Shareholders are unlikely to relinquish rights to the coin; otherwise, they would demand 100% of the tokens. From their perspective, transferring some rights only makes sense if it increases their stock value,” the expert noted.  

He advised the Base team to find a balance between benefits for shareholders and users, and to focus on additional value for Coinbase. In his view, it would be more appropriate to reward users for “social and consumer experience” during the coin distribution. 

“Base is already leading among L2 [in DeFi and by TVL], and further incentivizing these metrics is likely to attract only speculative capital,” AJC explained. 

At the time of writing, the total value locked in the network is $5.4 billion. By this measure, Base ranks sixth among the largest blockchains.  

Pollak responded to the Messari researcher’s tweet, thanking him for his opinion. The developer also stated that the launch of the BASE token will not occur in 2025. 

thank you for your feedback

just to say it: it’s definitely not going to happen in 2025. we just started exploring and we want to do this right. we’re sharing early because we want to build in the open with all of you.

— jesse.base.eth (@jessepollak) October 2, 2025

“We have just begun and want to do everything right. We are sharing information early because we intend to develop the project openly — together with you,” he wrote. 

Alternative Views

A community member known as Garfield Investments believes that Coinbase could simply spin off Base into a separate company. According to him, the network is currently an insignificant part of the largest American crypto exchange, and its value is not reflected in COIN’s stock price. 

“As long as it remains just a minor line in Coinbase’s reports, the market will not be able to value Base on par with other L2 solutions,” he wrote. 

Other participants in the discussion were skeptical about the value of social activity. 

“‘Communities’ are fleeting and intangible, especially in crypto, so they are essentially useless. Only real impact matters. As a shareholder, I hope that people who used a large number of wallets to create new tokens and spam will get nothing,” wrote a user under the pseudonym FrogLeader. 

In the comments under Pollak’s tweet, users mainly urge the Base team to reward developers, content creators, streamers, and other ecosystem participants.

Some participants opposed listing on Binance Alpha to avoid a scenario similar to the LINEA case.

Ethereum founder Vitalik Buterin praised Base’s achievements. In particular, the programmer positively assessed the L2 network’s approach to decentralization.