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Jesse Pollak, creator of Coinbase's Ethereum Layer 2 network Base, is stepping back from leading the consumer Base app and handing control to Jordan Fish (Cobie), admitting his social-first strategy w…

Base creator Jesse Pollak admitted the network's bet on onchain social products failed and handed the Base App back to Coinbase, where Jordan Fish (Cobie) will lead its next phase. Pollak said Base wi…