$BIFE was not created by a team, a fund, or a marketing plan. It was created by Base itself, by accident, in a single social post. What happened next is the reason this community exists.
The official Base account posted "Base is for everyone" on Zora, the onchain social network that turns every post into a tradable token. The post carried a list of who "everyone" meant: coiners, collectors, traders, builders, creators, artists, writers, musicians, visionaries, sports fans, podcasters, travelers, DeFi users, students, and so much more.
It ended with the line this community still uses: when we say everyone, we mean everyone.
@base · 3:12 PM · 16 April 2025
Base amplified the post from its own X account. Within about an hour the token reached a market cap north of $17 million. Within hours of that it fell roughly 95%, erasing more than $15 million.
Jesse Pollak, who created Base, said he had personally approved the post and defended it as an experiment, describing the goal as normalising putting content onchain. Plenty of people did not see it that way, and some of them lost real money.
The coin's own description was blunt. It stated this was not an official token for Base or Coinbase, that it existed for artistic and cultural purposes rather than as an investment, that buyers should expect no profits and no ongoing development, and that there was significant risk of losing everything spent on it.
It also said Base would receive 10 million of the 1 billion supply as creator, would never sell those tokens, and that all fees generated would go to grants supporting builders on Base.
Worth reading twice, because it is the reason the word "scam" was never accurate. Nothing was promised, so nothing was broken. What was left behind was a name and a crowd.
Content coins became a campaign. Zora launched its own token a week later. Base kept coining posts, then Pollak launched a personal creator coin. Attention moved to whatever was newest, as it always does.
"Base is for everyone" was left where it landed. No team, no roadmap, no updates. Just a contract on Base and the people still holding it.
Base discontinued Creator Rewards and removed the social feed, refocusing the product on trading and stablecoin payments.
Coinbase CEO Brian Armstrong said publicly that the content coin strategy had not worked. More than a year after the post, the thing that created $BIFE was formally over.
Every other coin from that era went quiet with it.
The holders stayed. Not a team taking over, because there was never a team. Just the people already holding it deciding an abandoned name with 79,000 wallets attached was worth more than nothing.
Everything on this site was built after that decision, by the community, with no treasury handed over and no company behind it. A website, a launchpad that deploys real tokens on Base, transparency tools that read the chain live, and a page for every group Base listed in the original post.
The original coin said fees would fund builders on Base. That part, at least, is still happening. Just not by the people who wrote it.
The fourteen groups named in the original post each have their own page now, explaining what Base actually offers them. It seemed a waste to leave a good list sitting in a dead post.