think we’ll see many cases where the attention/cultural value of brands stored in memecoins will be larger than the equity value of the companies that own them

buying memecoins with infinite upside could be a more attractive way to consume the brand than buying their products

higher

building @seedclub and writing about consumer crypto at paragraph.xyz/@joshcrnls.eth

re:

https://x.com/rewkang/status/1766206063865454997?s=46&t=VnEynSbCdMp2rTzaocne3w

I don't know what's going to happen with $zyn, it's done a 100x in like 2 weeks so caveat emptor, but it's interesting to me because it's the first crypto meme coin with legs that's also a product, a cult one at that. Closer to GameStop than Doge.

icebreaker.xyz/0xen |
https://gallery.so/Oxen/galleries | https://opensea.io/collection/farcats

there are very, very few brands that could pull off a meme coin, no? regardless, brands will definitely tokenize loyalty whether it's memed or not