According to ChainCatcher, VanEck portfolio manager Pranav Kanade emphasized at X that Memecoin has four key aspects that all teams in the cryptocurrency field should learn to emulate.
1. Simplicity: Many teams over-engineer their tokens without realizing that: time + capital + attention = scarcity.
With approximately 600,000 tokens issued last year, competition for the scarce resource has intensified due to the ease with which tokens can be issued.
Instead, focus on: simple token design, clear vision, and showing how execution of the vision will create wealth for token holders.
2. High circulation, low fully diluted valuation (low entry valuation);
3. Founder/Team Alignment: We can only get rich if we achieve our goals/deliver products as promised;
4. Be highly transparent (e.g., disclose the cost basis of venture capitalists, which is often difficult to find).