Jesse Pollak, founder of the Layer 2 solution Base, has publicly declared that the team will not engage in any form of price manipulation, specifically stating they will not coordinate efforts to artificially inflate token prices.
Pollak emphasized that the core team will not secretly drive asset prices up for specific outcomes, which undermines the market and contradicts their principles. Such practices could also be legally questionable.
Pollak's comments come as the community grapples with concerns surrounding "meme token casinos," where speculation on token prices has raised worries among users. A community member criticized the lack of leadership in establishing a strong leading coin, suggesting that developers might be tempted to influence prices behind the scenes.
Pollak maintained that promoting quality assets and applications should be the focus, rather than manipulating market conditions. He believes that fair, open markets ultimately benefit everyone, allowing participants to learn from failures and improve over time.
He concluded by reinforcing the importance of a fair market, stating that those who participate in a level playing field will have a chance to succeed.
