A friend recommended Giggle to me. After researching and participating in some discussions, I found it very interesting. Perhaps it can open up a larger "useful Meme coin track" beyond the useless Meme coin track.
1/8
The biggest criticism of Meme coins is that they are useless, with a lot of resources and attention wasted on trading air. As a result, the entire Meme coin community has been stigmatized. I believe the solution is to give Meme coins utility through transaction taxes. Although we Meme players are just chasing after some low-quality coins, we also have the ambition to change the world through Memes.
2/8
The practice provided by the SOL chain is the Internet Capital Market (ICM), which uses the trading tax of Meme coins as capital to support internet startups. The concept is great, but @binance has been stuck at the ceiling without listing it on spot.
3/8
The practice provided by the BNB chain is the utility Meme coin represented by Giggle, which uses the transaction tax of Meme coins to automate and continuously fund non-profit organizations. If @cz_binance pays attention to and supports this, it could easily break the ceiling of this sector.
4/8
In fact, the ceiling for this track is very, very high, because this paradigm can promote the real through the virtual and accelerate the on-chain of physical entities. The transaction tax of Meme coins can be used to support all organizations, as long as they are willing to create a wallet address on-chain, the entire crypto community can support them through transaction taxes.
5/8
2.02K
7
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.