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Cryptocurrency tokens on the Solana blockchain accused of racism

4:02 pm, March 31, 2024

According to Бутерін" href="https://noworries.news/biography/vitalij-buterin/" data-bio-id="3642">Vitalik Buterin, co-founder of Ethereum, meme tokens are becoming a problem, and it is worth thinking about how to find a better use for these digital coins.

According to Buterin, there is nothing new and interesting about memecoins: «Many coins on the Solana network are simply racist in nature. Even ordinary memecoins often rise and fall in price without any value.»

Buterin suggests looking at this asset class from a different angle. Popular digital coins can be used to raise funds for charities. As an example, the Ethereum co-founder cited the Fable of the Dragon (TYRANT) memecoin, whose developers support social projects, such as research into ways to combat human aging.

However, Vitalik Buterin admits that creating memecoins for charitable purposes does not guarantee fundraising. Another option is to use meme tokens in the gaming industry. The co-founder of Ethereum is confident that if you create it, you will not create just another coin, but a whole game that will be interesting and useful for users in terms of increasing their financial well-being.

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