What else could memecoins be?

https://vitalik.eth.limo/general/2024/03/29/memecoins.html

I really like the idea of charity coins. 

One risk that I immediately thought about: 

"Wouldn't memecoins do charitywashing by giving these institutions 5% of supply and then using it as an eternal pardon to do bad things just like some bad apples among effective altruists do?"

1. memecoins should be funny.

2. I don’t like the short-minded games - essentially pump & dumps - but with 0 utility this is what we got.

3. I hope for some sort of utility to come back to all crypto tokens, including memecoins where this could be anything from funding NGOs, climate goals to access to coworkings.

Had the same thought when I wrote this. The “doing it for the public good”- & buzzword-marketing needs to stop.

Too many projects use good intentions, fancy words (donations, altruism, Ai), future value-add to cover shit today, incl predatory token economics & cashouts.

Building @kiwi 
Writing @ https://kanfa.macbudkowski.com/

Had the same thought when I wrote this. The “doing it for the public good”- & buzzword-marketing needs to stop.

Too many projects use good intentions, fancy words (donations, altruism, Ai), future value-add to cover shit today, incl predatory token economics & cashouts.

https://warpcast.com/juli/0xadeabd42

I really like the idea of charity coins as well, so much so that I started building @glodollar - the stablecoin that funds charities and public goods as decided by its holders 👀 

https://glodollar.org/ for more

The stablecoin that funds public goods.

Hosting /glodollar, /stablecoins. Also posting in /regen, /publicgoods, /philanthropy.


🌐 www.glodollar.org

One project that I have followed from the start is Pawthereum. Since 2021 the doxxed volunteer team has donated $480,000 to animal shelters worldwide. Has a strong community that voted to a Base migration and that’ll happen in just a couple weeks. They are onboarding nonprofits as well to the crypto space.