Should it stay or should it go?
DeFi summer instead?
Memecoins and DeFi together?
If staking remained what would you want to see added for meme coins?
Why do not support real passive income projects that are with immutable contracts that teach people financial education. Memes are pump and dump schemes and only will suck Avax from people.
I understand this view but lets consider the beacon of meme light as COQ
The culture and community value is huge for Avalanche
Memecoins serve as brands that users can stand behind, they help promote the native chain they are born on and they provide a source of sticky users for an ecosystem
if distributed fairly they are free of VC meddling or inflationary tokenomics
Memecoins can be very good
Interesting thought that memes might lead to promoting the chain they are born on.
Question is what happens with the people that are onboarded to Avalanche because of those promotions. Will they be dumped on and leave the chain again frustrated or do they stand a real chance to be part of a community, because the community is carried by more than financial incentives...
Is it the case that you shill this meme. Memes are on C-chain and that only a subnet on Avalanche network. I suggest to you to start learning about Avalanche, why Avalanche exist and what are the big goals. All those who started that meme they just shill to sell when hype comes and there is nothing good. For you to sell other must buy so the scheme is there. The only meme that can survive is doge because it is given free to those that mine Litecoin and it is a decentralised P2P blockchain. You talked about community and this is the same narrative as the NFTs in 2021 and we know what's happened with that narrative. Only good for Avalanche will be if the people learn the real use of the Blockchains. If all this continue will get ugly and mark bad reputation. If those that like memes give to all Avalanche wallets free meme then and we have the avalanche community in place, make meaning, make fun of Avalanche for something, some unique story or event that make people feel the vibe.
" If those that like memes give to all Avalanche wallets free meme then and we have the avalanche community in place, make meaning, make fun of Avalanche for something, some unique story or event that make people feel the vibe."
That'd be the perfect approach done the right way. Now its vice versa ad memes are all about shilling and finding new money to get the price higher (and enable early investors to sell bigger bags).
💯 supporting your reply ... Although I do understand that memes can build a community, but I can't see any sense in having more than 1-3 memecoins per chain (more 1 than 3). All others are only chasing the mantra "I want to be rich quick" and still dozens of "Devs" finding explanations for it.
But meme mania these days is sick and unnecessary as do not bring anything, remember we can have communities for different useful things. I can guarantee 99% of people do not know why pepe meme exist and where come from. It is not from the real world but of the pepe nfts on Bitcoin from 2015. It was big hype about the pepe nfts and also returned in 2021 by wrapping them on eth and fun (this is just example) but something that has meaning or a good story. Popping up memes like mushrooms is not healthy and it is narrative created to trick everybody also create bad look for Krypto around the world. Speculation is created to suck all the wealth from normal people. Not volatility but speculation.
I agree but I can say anybody that create meme token as Dev because I can create token in 5 min on already websites providing creation tokens on all networks. This is very professional with many features such as burn mint and etc. I have learn one good fact. good quality product has no marketing at all or only advert for new product. Bad product is heavily marketed as people do not recommend.
If we are to continue with meme coin incentives, we really need to hit it from a fresh angle. Can‘t run it back the same way again.
LEO of course
Wow
Memecoins and DeFi together sounds intriguing.
Just for Coq…the rest are 🐕💩
LEO of course
