Polychain CEO Olaf Carlson Wee: Institutional Investors and Retail Investors Show Huge Differences in Attitudes Towards Meme Coins

During this year's Token 2049 conference in Singapore, Polychain CEO Olaf Carlson Wee shared a keynote speech on the theme 'meme coins are an information market.' Olaf observed a significant divergence in attitudes towards meme coins between institutional investors and retail investors. While institutional investors see meme coins as gambling and zero-sum games, the enthusiasm of retail investors stems from deeper reasons, such as their social nature. He pointed out that current monetization of KOL influence is highly inefficient, requiring profit through endorsement contracts outside of social platforms, with the platforms themselves unable to share revenue. The core value of meme coins lies in their social aspect, specifically the behavior of 'tracking addresses' in transactions, essentially predicting the viral potential of content. Olaf believes that turning each post into a token, where profit is gained through sharing, can replace algorithmic content ranking with market forces. Users of viral content will directly profit, allowing platforms to earn through transaction fees rather than ads, and user accounts become tradable. He believes this will fundamentally change the social media ecosystem, turning communities into valuable trading tools.

Related Articles