Meme: Social infrastructure in the crypto world
Written by: Meow
Compiled by: Xiaobai Navigation coderworld
We live in an absurd world. The more absurd, the better the meme. The wilder and scarier the world gets, the more we need them. We find common ground through humor and cope with horrific events through memes, which are often monumental moments in history that live forever through memes on the internet.
Whether it’s something as geopolitically influential as the Trump election or something as specific as the Harambe incident, memes are the most compact and powerful way to recall this shared emotional memory.
Aside from the big, famous ones, memes are simply a communication tool. With stickers and GIFs interspersed throughout conversations, memes are their own language and an integral part of the internet. They are often where we find common ground, and people form communities around sharing them.Community, rejoice in them, and acknowledge their important cultural relevance.
Meme,cryptocurrencyAn integral part
There is literally nothing more central than memes. Since cryptocurrency is literally the money of the internet, why can’t memes be an integral part of cryptocurrency?
To us, it makes perfect sense that they often dominate the conversations and imaginations of market participants. Markets are largely memes anyway, constantly driven by the most compelling narrative of the day, week, or year.
Cryptocurrency just takes this to an extreme. We spend a lot of time in this industry discussing why things are valuable and how to value these assets. Why is a meme coin valuable? At the end of the day, it's really just collective belief that people believe in memes.
People can build a community around a Meme coinCommunity.ifCommunityDone well, they could be one of the best ways to attract users who can better understand these memes than reading or not understanding the complexities of DeFi.Tokenwhite paper.
Historically, memes have huge upside in bull markets. This narrative has become ingrained in the minds of market participants. It is widely believed that these meme coins will have amazing upside in a bull market. Memes will continue to exist in the cryptocurrency market, and everyone should accept this.
Social coordination, narrative, trust, and financial incentives are important factors in the development of cryptocurrency. Meme is a language that is generally understood by Internet natives and is an integral part of cryptocurrency. Meme coins will become a lasting feature of Web3.
If you can’t kill memes on the internet, you can’t kill meme coins on Web3. So we really should start taking meme coins more seriously, as very powerful tools and important aspects of cryptocurrency and financial infrastructure. In essence, meme coins are social infrastructure.
In other words, we also believe that Meme Coin is the purest embodiment of the 3 core beliefs we hold:
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"symbol"Has great cohesion
For example, Bitcoin is globally famous because it has successfully created a global social system that many people want and has become a symbol of resistance to centralization.
However, Memecoin demonstrates these beliefs in an extreme way, as the only essential thing about the formation of Memecoin is that the social system it has managed to form has generated enough demand, and we must emphasize this point: the meme community revolves around the symbol itself, not the technology or financial system.
As such, they can become one of the most important social avenues for Web3, bringing teams and users together around some fun meme-y stuff.
Meme coins are important
In summary, Meme is important for the following reasons:
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Cultural resonance: They use universal, colloquial language to make them more relatable and appealing.
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Community Building：Meme coins tend to have passionate communities.
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Narrative and symbolism: Meme coins embody compelling stories and ideas that transcend technological or financial utility and capture the public’s imagination.
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Easy to understand：Meme coins make them easy for cryptocurrency novices to understand and facilitate their entry into the Web3 world.
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Leveraged Investment：Meme coins can be used as a high-risk, high-return investment. Investing in Meme is generally regarded as an ultra-high-risk investment.
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Role in the Crypto Ecosystem：Memecoin adds a social layer to the crypto industry, balancing the complexity of technology and finance.
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The power of symbols：Meme coins promote community cohesion and collective action and are symbols of the community, emphasizing the importance of symbolism in cryptocurrency.
Meme coins are not just a passing fad, but an integral and important part of the cryptocurrency space. They reflect the complexity of Internet culture and human interaction. By capturing the essence of Internet humor, the power of symbols and beliefs, Meme coins reveal the profound impact of social dynamics in shaping digital currencies.
As we further build this Web3 economic system, don’t forget that the power of community and narrative is just as important as technological and financial innovation. Let’s embrace these unique meme cultures.
The article comes from the Internet:Meme: Social infrastructure in the crypto world
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