Jesse Pollak founded The Based Institute and launched a research project with the theme of "based"

According to BlockBeats, on April 24, Jesse Pollak, head of the Base protocol, announced the official establishment of The Based Institute (basedinstitute.eth). The research institute aims to study "What It Means To Be Based", including the origin of the word "based", The Base God, and other early cultures on Base. As part of its mission, The Based Institute has begun distributing ETH and TYBG tokens for free to any "based person" in the world, including early and active users of Farcaster. To date, more than 6,000 recipients have received support from the Base economy. In the coming months, as the understanding of "What It Means to Be Based" deepens and ways to responsibly get more people on the chain are further explored, eligibility is expected to expand further. In addition, The Based Institute has launched a grant program to invite the community to share insights. Post a post on Farcaster that starts with "based is..." to get a reward share totaling 1 ETH. The Based Institute looks forward to working with the community to expand the understanding of the connotation of "based". It is worth noting that The Based Institute is an independent research organization with no affiliation with Coinbase or Base. It is funded and led by Jesse Pollak in his personal capacity, separate from his duties in the Base core team. Through this research, The Based Institute hopes to support the development of an optimistic, abundant, and "based" culture in the Base economy.