Coinbase's New Push: More Tokens, More Inclusivity
Base Protocol's founder, Jesse Pollak, has expressed a desire for Coinbase to list as many tokens as possible, with inclusivity being the top priority. In a recent social media post, Pollak stated, "I hope Coinbase can list as many tokens as possible, including tokens from Base and other networks."
Pollak emphasized the need for abundance in the current model, which he believes is characterized by scarcity. He suggested that more launchpad projects, moonshots, meme coins, utility tokens, cultural tokens, DeFi tokens, and networks are needed. To achieve this, Pollak proposed implementing a blacklist-based (rather than whitelist-based) DEX integration and user ratings. He acknowledged that this process takes time and noted that the Coinbase Assets team is also scaling up and improving to list as many tokens as possible.
This announcement comes amidst a growing trend in the cryptocurrency industry towards inclusivity and diversity. As the market continues to evolve, exchanges like Coinbase are under increasing pressure to provide access to a wide range of tokens and networks. This move by Base Protocol could signal a shift in the industry's approach to token listings, potentially leading to a more competitive and innovative landscape.
The impact of this announcement on the broader cryptocurrency market remains to be seen. However, it is clear that the desire for inclusivity and abundance is gaining traction among industry players. As the market continues to grow and evolve, it will be interesting to observe how exchanges like Coinbase respond to these demands and how the industry as a whole adapts to this new focus on inclusivity.
