Base App to End Creator Rewards, Refocus on On-Chain Trading

Base App will end its Creator Rewards program on February 15, removing the Discussion feed and introducing an on-chain activity feed to concentrate on tradable digital assets.

Summary

Base App announced it will terminate its Creator Rewards program on February 15, with final settlement by February 18, after paying over $450,000 to 17,000 creators. According to its official statement, the platform will also retire the 'Discussion' feed, introduce an on-chain activity feed, and focus on content related to tradable assets and blockchain transactions.

Terms & Concepts
  • On-chain trading: Transactions executed directly on a blockchain network rather than through centralized intermediaries.
  • Tradable assets: Digital or tokenized assets that can be exchanged, bought, or sold within a marketplace or trading platform.
  • Creator Rewards program: An initiative rewarding content creators, often with cryptocurrency or tokens, based on engagement or contribution.