BASE finally admits rapid loss to Robinhood Chain in tokenization

[MArsland]

https://x.com/jessepollak/status/2079393414706319780

It's ironic, because Base has been around for a long time, operates and spawned many ecosystems but they admit to being left behind by the Robinhood Chain which is not yet 1 month old, namely on July 1, 2026 the public mainnet. Even so jessepollak as head of Base will soon follow to have equity backed 1: 1 as Robinhood Chain did.
So Base will now imitate the newcomer?


share your opinion

[TastyChillySauce00]

They are losing because their idea has always been disappointing like tokenizing social media post on base through zora within base app. Base always failed to bring anything of value to the table even when meme coin is very hype on their blockchain they instead focused on utility token and didn't take advantage.

They are also indefinitely prolonging their TGE to keep their metrics up, at some point people will get tired and abandon base altogether.

[joniboini]

Probably not the first time I see something like this. New projects offering better utility while the previous ones develops in a slow pace due to various reasons. I think it's fair to say that you should take anything with a grain of salt. Especially when they use hyperbolic words or marketing terms that promise better returns in the future. Just look at what they did and see how much their product actually improves with time.

[nelson4lov]

Base always give big talks about how they will bring crypto to the next 7 billion people but they have done very little in that regard because  one of the easiest way to do that is to ensure that normies that are onboarded have something to actually do. They can't spend their monies buying shitcoins on Base chain. It's what HyperLiquid and Robinhood has done right and that's the tokenization of equities.

[shinratensei_]

Base always give big talks about how they will bring crypto to the next 7 billion people but they have done very little in that regard because  one of the easiest way to do that is to ensure that normies that are onboarded have something to actually do. They can't spend their monies buying shitcoins on Base chain. It's what HyperLiquid and Robinhood has done right and that's the tokenization of equities.

They got all the capital and still fumbled hard, the Hyperliquid developers are 100x better than Base at making the normies stick around.
Instead of focusing on their perp that successfully achieved billions FDV at TGE they invented B20 native token standard, a more centralized ERC-20 protocol with built in freeze and seize mechanism.

I've lost money holding their silly Avantis token hoping their perp would be as big as hyperliquid, smh. Now back to square one with their 1:1 equity which should've existed from a long time ago and they could've easily make their 1:1 equity happen by simply bridging other RWA token from other issuer and integrate it to their Avantis right off the bat.