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Crafting the Next Meta with User-Generated Assets

blockchaincapital.com · 1,571 words · saved by 1 readers

Memecoins are having a moment. But what we’ve witnessed over the past four years of crypto, is the same idea instantiated in new mediums. Social tokens, NFTs, or memecoins--they all enable the financialization of a shared idea, asset, or message. To participate in these markets, is to participate in the constant creation, dissemination, and evolution of the next meta. The current state of memecoins is highly controversial, due to its culture of celebrating gambling-like mechanics. But mimetic online behavior is a storied engagement tool on the internet. If you squint, you can see how this might evolve into deeper forms of engagement, ownership, and monetization for creators and users. In this previous piece, I claim that user-generated content is a form of native currency on the internet. User generated content, such as memes, are primarily distributed by technology’s biggest aggregators like Meta and X. With crypto, we see this taken a step further. User generated assets are distribut

Crafting the Next Meta with User-Generated Assets Crafting the Next Meta with User-Generated Assets Kinjal Shah · co-authored with · No items found. 3.28.2024 · Research #blockchaincap Memecoins are having a moment. But what we’ve witnessed over the past four years of crypto, is the same idea instantiated in new mediums. Social tokens, NFTs, or memecoins--they all enable the financialization of a shared idea, asset, or message. To participate in these markets, is to participate in the constant creation, dissemination, and evolution of the next meta. The current state of memecoins is highly con

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