Base’s X Account Criticized for Promoting AI Troll
The Tension Between Time.fun and Base: A Closer Look
Background of the Dispute
In the ever-evolving world of blockchain technology, conflicts are not uncommon. Recently, 0xKawz, the creator of Time.fun, expressed frustration towards Base, a layer-2 network. The source of contention? Base’s recent promotion of GrokCoin, a memecoin linked to Elon Musk’s AI chatbot, while seemingly ignoring Time.fun’s contributions to the space.
Promotion of GrokCoin by Base
On March 10, 2025, Base took to its X account to highlight the launch of GrokCoin, praising Bankrbot, a portfolio management protocol based on the Base network. The post noted that Grok’s AI-controlled wallet was collecting fees, exceeding $200,000. In this particular post, Base described the situation as a peek into the future where AI manages wallets, creates markets, and generates revenue.
Time.fun: A Project with Potential
Despite the excitement surrounding GrokCoin, 0xKawz pointed out the irony of Base’s lack of acknowledgment for Time.fun, which has been in development for several months. According to Kawz, he had invested significant effort into building an app on the Base network but received no promotion from Base’s official account. Instead, he claims that "shitposters" managed to gain traction with GrokCoin, thus overshadowing Time.fun’s initiatives.
Coinbase’s Involvement with Time.fun
Interestingly, Coinbase, the parent company of Base, has shown some backing for Time.fun. Coinbase Ventures participated in a $3 million seed funding round for Time.fun back in August 2024. The funding was led by Brevan Howard Digital and included other reputable investors such as Zee Prime Capital and notable angel investors, including individuals from the Solana ecosystem.
Future Plans for Time.fun
In interviews, 0xKawz hinted at the possibility of Time.fun launching its token in the future. However, the focus currently remains on achieving product-market fit before any such steps are taken. The project’s intentions towards launching a token on the Solana network instead of Base are also unclear.
Migration to Solana
In October 2024, Time.fun announced its decision to migrate from Base to the Solana network. The project emphasized that its chances for achieving product-market fit and mainstream adoption would be better served on Solana. The announcement was somewhat vague, but the shift underscores a significant direction change for Time.fun.
What Is Time.fun?
Launched in June 2024, Time.fun is designed as a social finance platform that allows users to create trading and redemption markets for their time. Users can offer their minutes for purchase, giving fans a chance to access exclusive content or experiences. Each token equals one minute of a user’s availability. Despite the struggles to gain recognition from Base, Time.fun has reportedly generated over $1 million in trading volume.
Base’s Silence on Time.fun
Critics have noted that despite Time.fun’s considerable traction, Base’s X account has yet to mention the platform since its launch. This omission raises questions about Base’s promotional strategies and its selective focus on certain projects within the blockchain ecosystem. As of now, there have been no public statements from Base regarding the situation or the lack of coverage for Time.fun.
In summary, while GrokCoin has captured the spotlight through Base’s promotion, Time.fun is striving to carve its niche in the blockchain landscape. The relationship between creators and platforms continues to be scrutinized, as their motivations and priorities could shape the future of the crypto space.
