It is easy to delete memecoins – currencies associated with internet trends that have no basic purpose – as the worst kind of cryptocurrency. But it seems that it is a little closer and it is possible to see memecoins as part of an emerging new information system, says Olaf Carlson-Wee, the founder of one The first VC encryption companies The distinguished guest in the latest episode of luck’S Playbook Crypto Vodcast (available on Spotifyand appleAnd YouTube).
Carlson Way deserves attention because it was early for many of the most important developments in encryption. It includes writing his thesis on Bitcoin Return in 2012, and after a long time as a hall, joined Coinbase As her first employee. He left the company in 2016, again in the early days of Ethereum and smart contracts, to start Polychain Capital.
On VodCast, share his views on where the industry will go after that. That weight included the recent spread of the mines, which took place thanks to sites like Pump.fun, making it easy for anyone to launch an encrypted currency.
The vast majority of these currencies No valueWhether for practical purposes or as an object Speculation. But I have a lot of market value of more than a million dollars, some of which, such as Dogecoin, deserve tens of billions. More importantly, Carlson Wei notes, that all Memecoins combined has begun to put a seal on popular culture.
He said: “There is a very wonderful behavior where a new news event or Mimi is created every time, or anything is viral on social media or online, you immediately see a kind of coin that was launched and connected to it,” noting the example of the person who learned of the death of Pope Francis via Mimikoen.
Carlson Way noted that in the future, it is easy to imagine a world in which the Mimwins become a kind of content, and based on the activity of merchants, it becomes part of the organic social media summary. For many in the world of encryption and beyond, this may be an attractive alternative to the current system where people are content that feeds on power based on the algorithms of large technology companies.
“This new mimosins act as a system of discovering information for information markets,” said Carlson Wayne. “On social media, every publication of a coin can be, right? I think this is the place we go to.”
Polychain founder has also formed other emerging trends that likely to become part of the encryption fabric.
At the intersection of Crypto and AI, Carlson Weii noticed that Blockchains represents a natural pillar of publishing factors. This is because traditional software systems are largely unable to self -government transactions, while Blockchains can use smart contracts to achieve this.
((Agents) can enter contracts using software or mathematics such as smart contracts on Blockchains, they can own assets in encryption portfolios, and they can deal with real people or other factors using encryption portfolios, “he pointed out.
You can find the entire interview with Carlson Wei, as well as the first four episodes of Playbook Cryptoand here.
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