Messari Expert Called Potential Launch of BASE Token by a Public Company the First in the World

• The AJC analyst wrote about the future of the BASE token, the world’s first token from a public company.
• He believes that the airdrop of the asset should increase the value for shareholders, not just users.
• In addition, in his opinion, BASE should stimulate consumer activity rather than DeFi metrics.

AJC, a corporate research manager at Messari analytics company, shared his thoughts on the future of the BASE token for Coinbase’s second-tier solution, Base, emphasizing that this is the first time a public company has launched its own token.

According to him, unlike traditional token generation events (TGEs) or airdrops, which typically serve as “liquidity for private investors and the team” and aim to maximize the value of the token at launch, the BASE model has a completely different logic.

He expressed his position in response to a request from Base project director Jesse Pollack, when he called on the community to share suggestions:

AJC emphasized that users looking to prepare for the airdrop should not focus on typical DeFi metrics, but on actions that create added value for Coinbase.

He believes that using the BaseApp, launching creator coins, and interacting with consumer-facing apps are behaviors that are logical to encourage:

The emergence of the BASE token could be a game-changer for the market: it is the first time a public company has approached tokenization from the perspective of value for shareholders, not just the crypto community. As AJC noted, “the shareholder dynamic completely reshapes how a TGE or airdrop should be designed, and understanding that is key to positioning yourself for the BASE launch.”

As a reminder, in September, the Base project announced that it was exploring the issue of issuing its own token. Earlier, the exchange’s management stated that it was not considering this possibility due to regulatory risks.