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Memes are to public blockchains what restaurants are to cities.

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Post time 6-4-2024 21:46:26 | Show all posts |Read mode
After diving into memes on Sol, I turned around embarrassingly to find that, while seemingly simple and brainless, memes with no technical content at all, if you want to keep playing, constantly coming up with new stories and new jokes, for most public blockchains, it's a huge challenge. No matter how high the market value is, how brilliant the idea is, or how prosperous the ecosystem is, it's useless. Currently, only Eth and Sol can continuously produce memes.
Why is this happening?
I think, at this stage, memes are a quasi-luxury for public blockchains. Indeed, looking at memes that are not up to date is indeed a quasi-luxury. Maybe it's not difficult to get them originally, but for most public blockchains that have just solved the problem of subsistence, it's a quasi-luxury.
If public blockchains are cities, then most public blockchain cities are still just small villages, with only hundreds or thousands of people, basic water, electricity, roads, and infrastructure, a few mahjong halls, and other businesses are almost nonexistent.
Memes are like restaurants in cities. There are no restaurants in small villages, because there are too few people and most people cook for themselves. In cities, it's different. With more people, more money, diverse tastes, and all kinds of restaurants can thrive. A restaurant may go out of business quickly, but it doesn't matter. There are always new restaurants popping up, and there are always new customers willing to patronize them.
Restaurants may seem ordinary and irrelevant to world-famous cities, but in fact, often only good cities have a rich variety of good restaurants. If you want to eat global cuisine in a city, that city must also be a world-famous city.
Like cities, public blockchains are complex systems engineering projects. They must be developed step by step, with each development stage interrelated. First, speculate on city land (native tokens of public chains), then have basic water and electricity (basic software and infrastructure), then develop the restaurant service industry (meme NFTs), and finally have more complex and advanced technologies (whole-chain games and social networks). It's almost impossible to skip certain stages and go straight to high technology.
From this perspective, Ethereum is still leading the way, with the most advanced whole-chain games and social networks in the Ethereum ecosystem. Because Ethereum got started first and had unique opportunities, only it caught up with the good times of ICOs, and even surpassed BTC in asset issuance.
Other public blockchains still have a chance to catch up, but it's difficult to skip the intermediate stages and requires cleverness and opportunities, such as the recent revival of the Bitcoin ecosystem. If you can seize this wave of new asset issuance opportunities, you can achieve leapfrog development.
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Post time 7-4-2024 08:01:54 | Show all posts
This is also quite important.
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Post time 7-4-2024 17:48:22 | Show all posts
With the increasing convenience of NFT creation, consensus will be reached.
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Post time 8-4-2024 07:49:23 | Show all posts
Each one is worth taking a look and learning from.
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