Coinbase CEO Responds to Former Employee's Criticism: Content Tokens Can Drive Economic Activity or Demand for Creator Tokens

Odaily News: Former Coinbase employee hish posted on platform X, stating that Coinbase does not recognize the value of content tokens. Content tokens must be able to generate revenue and share it with holders. If Base can solve the revenue-sharing issue, their value will accumulate; otherwise, they will become just a more elaborately packaged meme coin. Creator tokens are harder to build, so it's better to explore project tokens, but Coinbase may have to sacrifice its wallet application as a cost.

In response, Coinbase CEO Brian Armstrong stated that the nature of content tokens and creator tokens is not well understood. In fact, when people purchase content tokens, they can fully drive economic activity or demand for the underlying creator tokens, as these two types of tokens can be linked through liquidity pools.