The Attention Economy & How #memecoin⁠⁠⁠⁠ Generate Cash Flow

Many people don't understand why meme coins are rising in price because they lack a framework to evaluate them. They cannot analyze the cash flows of these assets like they can with other assets. I will explain more about the value of meme coin based on "ATTENTION".

Let's First Look Back at How Facebook Makes Money

Facebook (Meta) has a market capitalization of $1.1 trillion, mainly from advertising. Although free to users, 95% of Facebook's revenue comes from paid advertising thanks to attracting the attention of billions of users. This attention is the final product that Facebook sells to advertisers.

Back To Meme Coin

On the internet, memes are how people communicate. The most popular meme is the meme that spreads the most on social media. People cannot assign value to memes because they are not doing the right analysis. The value of a meme lies in the attention it attracts, not the direct cash flow.

Cryptocurrencies enable the financialization of memes by attaching altcoins to memes. This is similar to how Facebook makes money from attention. Stars also make money from their fans' attention, for example Kylie Jenner creates products and makes billions of dollars.

Meme coins are valuable because they attract great attention. In the attention economy, this is worth it. We need to change our assessment to properly understand the value of attention that memes bring. Cryptocurrencies allow us to financialize this attention, generating cash flows from meme coins.

In short, meme coins are like companies using advertising and stars launching products, converting attention into cash flow.

Concept of previous crypto seasons: Build technology + tokens then launch to the market to attract the community.

Concept this season: Meme Build the community that owns that token first, then build an ecosystem on that community to create cash flow

That is why old altcoins have almost no ability to recover this season and are gradually eliminated while memes are becoming stronger and stronger because the ownership community is increasing and the money flow is increasing day by day. big.