Coinbase CEO Brian Armstrong mentioned in an interview on David Senra's podcast that the SocialFi features tested in the Base App last year 'didn't really work out.' The app, which was revamped from the original Coinbase Wallet and launched in July 2025, aimed to integrate on-chain social, messaging, gaming, and trading features. It also introduced the Creator Coin mechanism to tokenize social content, but most of the related tokens failed to maintain their value. Subsequently, the Base team gradually scaled back the SocialFi components, removing Farcaster-based social features in early 2026 and shifting the product's focus to trading and self-custody functionalities. (The Block) https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=57515