Degen

memecoins: are they the future or just a fleeting joke?

on my latest substack article, I talk about how these symbols of internet culture are not only challenging the established crypto elite but also paving the way for a more inclusive future.

memecoins: are they the future or just a fleeting joke?

on my latest substack article, I talk about how these symbols of internet culture are not only challenging the established crypto elite but also paving the way for a more inclusive future.

https://kermankohli.substack.com/p/memecoins-vs-elitecoins-a-cultural

🛠️ building 0xarc.io 📝 writing at kermankohli.substack.com. 🧠 thinking about data, analytics and growth 📊

The culture of hypergamblisation is bleeding into RL. 

IG campaigns with capped lottery numbers are becoming more and more rampant. It’s clear what meme coins represent to me now, they’re an adult lucky dip in steroids. 

Endeavour prize homes etc, aren’t all that new, the idea of raffles bleeds into meme coins

dabbler of fine beverages, curator of vibes, distributor of degeneracy, peak window-licker and windex enthusiast

Adding to this, it’s clear that traditional lottery systems yield next to no return, yet amass weekly diehard followers. 

Meme coins are an egalitarian redistribution of the ever growing attention economy

Meme coins are here to stay, and I can see them becoming tribalistic. An online collective of like minded peeps