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Memecoins Are on Their Way Out, What’s Next?
Manage episode 431836438 series 3590042
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In this episode of Still Early, Dom shares updates on his recent developments in the NFT space. Dom offers insights into the shifting focus from NFTs to more liquid and accessible meme coins, using major events like Pepe's rise as examples. He also discusses the challenges faced by NFT project founders in this changing landscape and the potential of SocialFi, citing examples like 404s and Pandora.
The discussion then shifts to Solana's challenges and future plans, focusing on the ACP 77 proposal and its implications for network growth and sustainability. The implementation of ACP 77, removes the need for staking AVAX, reduces inflation with a burn mechanism, and makes the network more competitive with solutions like Celestia and Layer 2. All this and more on this insightful discussion.
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