Crypto Token Tracker logo Crypto Token Tracker logo
Coinpaprika 2025-03-11 07:40:26

Base Blockchain Faces Backlash for Promoting GrokCoin Over Developers

Base Blockchain is facing criticism from developers after its official X (formerly Twitter) account promoted GrokCoin , an AI-linked token, while many established projects on the platform claim they have been overlooked. The controversy highlights growing dissatisfaction within the developer community, with some arguing that Base is prioritizing hype-driven tokens over serious blockchain innovation. The backlash began when Base publicly endorsed GrokCoin, a new token linked to Elon Musk’s AI chatbot, Grok. The post on X praised the project’s trading mechanisms and AI-driven wallet, which had already generated over $200,000 in fees. However, this move angered many builders who have spent months working on projects without receiving similar recognition from Base. A prominent developer, Kawz , voiced his frustration, claiming that despite dedicating significant effort to his Base-based app, he was never acknowledged by the platform. Meanwhile, GrokCoin, launched by a few individuals with limited details, received immediate attention. His sentiments were echoed by others in the community, who criticized Base’s selective promotion and argued that the platform is alienating talented developers. Another blockchain community member, FloBro , called out Base’s approach, stating that the platform fails to support builders while favoring select projects that cater to speculation rather than technological advancement. He suggested that this strategy is one reason why Base has struggled to create a strong meme coin trend compared to other blockchains. Despite the criticism, some community members defended Base’s promotion of GrokCoin. Shazam, another developer, explained that GrokCoin was not created arbitrarily. The token launch required users to send 5 million BNKR tokens to an AI-controlled wallet, allowing Grok’s algorithm to generate the new coin. He argued that if GrokCoin’s connection to Elon Musk gains traction, it could bring widespread attention to Base and the Ethereum ecosystem. The debate underscores a deeper conflict within the blockchain space: the tension between serious developers working on long-term projects and the hype-driven culture of meme coins and speculative tokens. While some believe that high-profile tokens like GrokCoin can attract attention and new users to the platform, others argue that neglecting established builders risks alienating the very people who contribute to the blockchain’s long-term success. Base’s leadership is now under pressure to clarify its stance on project promotion. The platform’s future credibility may depend on how it balances community engagement, project visibility, and the broader adoption of meaningful blockchain applications.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.