Woofun AI reports that Jesse Pollak, co-founder of Base, characterized the platform's investment in social and creator tokens like Farcaster and Zora during 2024 and 2025 as a strategic error, noting the sector's collapse. While acknowledging that backing builders was correct, Pollak stated that setbacks in early 2026 prompted a pivot toward trading, payments, and agents, with trading receiving the majority of resources. The Base App has been returned to Coinbase, where it is being further developed under the leadership of Cobie.