I would have to say that I’m skeptical of most of these so-called coins and cryptos as they have yet to show real world utility and use. What they have shown is to be another speculative assets with huge fluctuations and massive use or resources: energy , labor, space , property etc without yet showing a real world use. Then many replicate one another in terms of perceived functionality and use. A huge amount of resources again are piled in to market the crypto by exchanges, investors, creators and early seed capital etc. I’m aware of the myriad of so-called functions but to date I’ve only seen these cryptos consume money in terms of exchange fees, trading fees and conversion fees. The cryptos that seemed closed to independent money and lacked tracing ability or allowed anonymity hit heavy backlashes from government entities, meaning the best alternative to fiat issued currencies have come against huge government regulatory scrutiny.
Meme Coins
It appears to me that these lack really any perceived utility, but are contrived to act for community engagement. I see Trump recently issued his and Elon Musk has often touted Dogecoin. Hence, I’m interested in collaborating for this sites meme coin if a blockchain were interested. In considering the community engagement theory , I may develop my own protype here, So watch this space and keep updated. Ideally if there was someone knowledgeable in the block chain technology, to discuss my meme coin idea. Stay tuned for updates here.
It isn’t necessarily an endorsement of crypto but certainly something to carry weight in this community engagement.