@agustus.base.eth
Initially, Base creator Jesse Pollak stated that they would not create a token and would focus more on product development. However, they have changed their mind. Why?
Decentralization: The launch of this token aims to make the Base network more decentralized. This means that control is not in the hands of a single party but can be shared among the community.
Ecosystem Expansion: This token can open up more opportunities for developers and creators. This is a step towards making Base more open, accessible, and community-driven.
Network Stability: Base feels they have achieved their initial goals, such as super-fast transactions (under a second) and very low fees (less than a cent). So, now they can focus on the next step: decentralization.
A Base representative said, "Base is for everyone, and a network token can help more people participate in the Base onchain economy."