Jesse Pollack, the head of Base Network, and crypto investigator ZackXBT are at odds over Zora Coin. Let's find out!
The Zora dispute
The debate began when Pollock complimented Zora Coin, which ZackXBT criticised. ZackXBT believes Pollock's praise is a attempt to make this token go viral. After this debate, Pollock has left it to the market and algoithm. I understand that Pollock's commendation has piqued the interest of the cryptocurrency community. His praise will undoubtedly help the token go viral.
Zora Token Based on Air?
Zora Coin is a new crypto whose features and purpose are unknown. ZackXBT alluded to the Zora token's low market capitalisation of less than $5 million, which raises concerns that the token has enough potential to be lauded by an experienced individual such as Jesse Pollack. This raises the possibility that Pollock himself has a connection to Zora Coin.
My point
When Bitcoin is no exception to its volatility, applauding shitcoins is entirely useless. Such adulation builds popularity, but it is just ephemeral. The crypto community is more wary of new ventures and seeks to understand the motivations of influencers. It is now also vital for project promoters to earn investor trust by acting transparently and responsibly.
Originally published on Wubits
