Base creator Jesse Pollak said after rolling out the Base App to the public in December, "we’ve realized we need to do less, better."
Coinbase’s “Everything App,” Base App, is sunsetting its Creator Rewards program and Farcaster-powered social feed as part of a strategic shift to focus entirely on tradable assets.
The Creator Rewards program was launched in July and was intended to make the Ethereum layer-2 Base a more social ecosystem, where activity and engagement translate into earnings.
The Base App X account said on Monday that it distributed around $450,000 to 17,000 creators over seven months, with data suggesting that creators earned an average of $26.
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