The Meme Economy

The meme economy will become real. - Meme creators will make NFTs - Timestamps give proof-of-first - Memegen partially goes on-chain - Memetic spread is more traceable - Memers become millionaires - Risky art becomes uncensorable & monetizable - Art moves outside regime control

You could look at investing in memes as a dumb ponzi that’s bound to lead to disaster, or as a pure distillation of the intersection of money and fun. The truth is probably somewhere in the middle.

By contrast, in the crypto space, some of the most famous examples of collective economic organization have formed for the memes, or as exercises in commodification and speculation. Examples like PleasrDAO fractionalizing the Doge meme, or ConstitutionDAO raising upwards of $40 million to buy a copy of the U.S. Constitution, have value in that they... See more