Vitalik Buterin, the co-founder of the Ethereum network, believes meme coins can become higher quality projects that contribute positively to the crypto ecosystem and the world around them, squashing the narrative that such tokens are useless, racist, and sexist.
According to a new report titled “What Else Could Meme Coins Be?,” Buterin looks forward to seeing meme coin projects that support public goods instead of enriching insiders and creators. He urged creators to make games instead of just tokens.
Meme Coins Can Be More
The Ethereum founder cited a report he wrote ten years ago and published on Bitcoin Magazine, which addressed the role cryptocurrencies could play in funding important public projects like cancer research and saving the environment. He explained at the time that society needed new ways to fund valuable large-scale projects other than markets and institutions, and issuing new coins could fill in the gaps.
People who wanted to support cancer research could hold a
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