# Jesse Pollak I Global Onchain Economy With Base I Pragma Denver 2024

- Speakers: [Jesse Pollak](https://streameth.org/speakers/jesse-pollak)
- Channel: [ETHGlobal](https://streameth.org/ethglobal)
- Date: 2024-10-09
- Duration: 32:47
- Topics: Base, Jesse Pollak, onchain economy, Layer 2, Layer 3, EIP-4844, Ethereum scaling, Pragma Denver 2024, blockchain infrastructure, decentralized governance, coinbase, crypto economy, superchain, developer tools, Base mission, capital markets, open source, identity onchain, payments, web3 evolution, Base Builders, BaseDAO, L2 scaling, dapps, farcaster, smart contracts, low gas fees, Base network, DeFi, DAOs, onchain future
- Watch: https://streameth.org/watch/yt-8WbUwt70WFg
- YouTube: https://www.youtube.com/watch?v=8WbUwt70WFg

## Description

Join Jesse Pollak from Base for a visionary fireside chat at Pragma Denver 2024 as he explores what it means to build a truly global onchain economy. Jesse reflects on Base's first year, shares insights into evolving developer infrastructure, Layer 2 and Layer 3 innovation, decentralization, governance, and the societal implications of the onchain revolution.

Learn how Base is positioning itself not just as a platform, but as a dynamic, decentralized economy supporting creativity, freedom, and open innovation. Whether you’re a developer, founder, or crypto-curious, this talk offers a compelling roadmap to building the future onchain.

00:00 Intro: Jesse Pollak joins for a fireside chat
00:48 Reflecting on Base’s first year
02:22 The new mission: Building a global onchain economy
03:43 From dev tools to economic freedom
05:06 Comparing Base to U.S. & Apple App Store
07:15 Building an open, accessible, neutral economy
08:11 Why “onchain” is better than “web3”
09:35 What qualifies as truly onchain
11:07 Identity, payments, and infrastructure anchors
12:36 Cost of being onchain and L2 evolution
13:31 EIP-4844 and transaction fee goals
14:54 Understanding L3s and ultra-low costs
15:29 Superchain and Base’s role in L2 scaling
16:58 Use cases for L3s like tipping and gaming
18:29 L3 interoperability and experimentation
20:15 Base’s role in dev tools, apps, and capital
21:43 CoinBase’s influence vs. neutrality
23:11 Base’s decentralized network governance
25:57 Ecosystem independence and coinbase structure
28:17 Bottom-up subcultures on Base
30:45 The rise of baseDAO culture and governance
31:44 Final advice: Just build something onchain

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _  

🇺🇸 *Pragma Denver*
Pragma Denver 2024 took place at The Arch in Denver on February 28, 2024, and was an in-person summit for builders and leaders in the web3 ecosystem. Pragma is a one-stage conference with founders-only on stage, bringing together a small group of curated attendees and speakers to discuss the future of web3 and reflect on the past. Watch the full Pragma Denver playlist here: https://youtube.com/playlist?list=PLXzKMXK2aHh4lJw0vruQ4prh8iMDUk89i&si=ayJ64Sgcqew1fdFk

ETHGlobal's Pragma series takes place in cities around the world, and is designed to be a different kind of event. Ever since we first introduced our new event series, Pragma, in Tokyo in the spring of 2023, we have been fostering a curated, global community of individuals who deeply care about web3. 

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _  

✅ *Follow Jesse Pollak*
X: https://x.com/jessepollak

✅ *Follow Base*
X: https://x.com/base

✅ *Follow ETHGlobal*
X: https://x.com/ETHGlobal​
Warpcast: https://warpcast.com/ethglobal
Website: https://ethglobal.com
YouTube: https://www.youtube.com/c/ETHGlobal 

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _  

_Are you interested in Ethereum development and entrepreneurship?_
👉 Sign up for the next ETHGlobal event: https://ethglobal.com/events
🎁 Get exclusive access and perks with ETHGlobal Plus! https://ethglobal.com/plus
📣 Want us to throw an event in your city? Tell us where! https://ethglobal.com/city

_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _