CZ GIVES THE GREEN LIGHT TO THE MEMESTOCK META.
CZ described it as a “fresh and interesting” trend, but emphasized one key point: issuers must actually be capable of delivering what they promise.
In other words, the utility and benefits offered to holders need to be real. The model cannot rely on narrative alone to create FOMO.
If issuers lack credibility or fail to honor their commitments, we could quickly see a wave of memes disguised as Memestocks, followed by rug pulls and scams.
That may be exactly what CZ wants the community to pay close attention to.
CZ described it as a “fresh and interesting” trend, but emphasized one key point: issuers must actually be capable of delivering what they promise.
In other words, the utility and benefits offered to holders need to be real. The model cannot rely on narrative alone to create FOMO.
If issuers lack credibility or fail to honor their commitments, we could quickly see a wave of memes disguised as Memestocks, followed by rug pulls and scams.
That may be exactly what CZ wants the community to pay close attention to.