The internet solved distribution for many types of creative work but it never solved monetization. Media was distributed at scale on ad-based platforms and streaming services, so in that sense it was monetized, but not in a way that meaningfully accrued to artists themselves.
I deeply believe that the Trojan horse for crypto adoption is intellectual property (IP) because of its ability to create trust and credibility in a space that lacks the ladder, and memecoins, like NFTs, are a form of IP.
Part of being part of a group is to adopt their worldview. We carry multiple identities all the time. Group-derived identities are just as important to us as personal identities.