Coinbase CEO: Exploring its own network token is still in the early stages

ChainCatcher news, Coinbase co-founder and CEO Brian Armstrong stated on social media that the Base network is exploring the possibility of launching its own network token, which could become "a great tool to accelerate decentralization and expand the growth of creators and developers in the ecosystem."

Currently, the Base team is still in the early stages of exploration and has not disclosed specific details regarding the timeline, design, or governance mechanisms for the token.