Whether or not you think memecoins or governance tokens are stupid and worthless, if you can’t admit there’s something going on with them worth paying attention to and learning from, you should get your neuroplasticity checked out

Founding Engineer shadow.xyz | Values-Aligned Communities | citizen of Black Rock City | c u @ /farcon

As we spend more time in the hyperverse, and less time in the physical world, our valuation methods are evolving

As we spend more time in the hyperverse, and less time in the physical world, our valuation methods are evolving

https://zora.co/collect/zora:0x1262989e8ae0caf6bd5423b118e76b81cd301ffe/1?referrer=0x17A059B6B0C8af433032d554B0392995155452E6

People talk about rational money and irrational money. “The market can stay irrational longer than you can stay solvent"

No longer can we define a growing group of investors by something they’re perceived to not be (rational). These investors are also “rational”, but on a different axis. They’re not looking at a token’s value based on fundamentals, but based on its relevance

The token can stay relevant longer than you can stay solvent

Longer version here: https://themetaverseiscoming.substack.com/p/boomer-washing-memecoins-relevance

Relevance investing is the Boomer-washed term for memecoins. Even as a millennial, it’s helped me understand The evolution we’re seeing

I agree with your statement.  I slept on many a crypto movement including NFT's and memecoins.  I caught the DeFI wave when it was almost too late.  Who would've thunk it that cryptokitties would give way to BAYC?  Let that sink in 😉

sorry but memecoins are for mouth breathers, i only invest in universal objective work tokens