社會貨幣是Memecoins的未來

原始標題：社交貨幣是Memecoins的未來

The cryptocurrency market over the past 18 months has been like a roller coaster, and amidst this chaos, we have witnessed the rise of memecoins. Although memecoins are not a new phenomenon—indeed, they are one of the oldest forms of cryptocurrency—they have once again proven themselves to be the preferred vehicle for participating in the most unique mechanism of cryptocurrency (speculation).

在過去的18個月中，加密貨幣市場就像過山車一樣，在這種混亂之中，我們目睹了Memecoins的興起。儘管成人不是一種新現象（實際上，它們是加密貨幣的最古老的形式之一），它們再次證明自己是參與最獨特的加密貨幣機制（猜測）的首選工具。

While memecoins are essentially pure and almost artistic, they also have a dark side. No, the problem is not with insiders or small groups—this is a common ailment that plagues the entire cryptocurrency space. In my view, the real issue lies in a lack of effort, failure to seize opportunities, and people's complacency in building memecoins. Perhaps I am too naive, but I refuse to accept that memecoins should stop here—at least I hope that is not the case.

雖然Memecoins本質上是純淨的，幾乎是藝術的，但它們也有一個黑暗的一面。不，問題不是在內部人或小組中，這是困擾整個加密貨幣空間的常見疾病。我認為，真正的問題在於缺乏努力，未能抓住機會以及人們在建立成年人方面的自滿情緒。也許我太幼稚了，但是我拒絕接受該模因應該在這裡停止 - 至少我希望事實並非如此。

I firmly believe that the Trojan horse for the widespread adoption of cryptocurrency is intellectual property (IP), as it can establish credibility in a realm lacking a trust ladder, and memecoins, like NFTs, are a form of IP. Memecoins have a tremendous opportunity to drive the development of the crypto industry by deeply engaging with the minds of ordinary people. However, they have not broken through the potential boundaries of their crypto-native roles; instead, they have stagnated on the path of transcendence, lacking originality and being mundane. I worry that if the status quo is maintained, the drawbacks will outweigh the benefits. For this category to thrive, memecoins must evolve, and I firmly believe the direction of evolution is to become social currencies—tokens that transcend lazy pump-and-dump schemes and transform into scalable, memorable, and beloved IP.

我堅信，特洛伊木馬的廣泛採用加密貨幣是知識產權（IP），因為它可以在缺乏信任階梯的領域中確立信譽，而NFTS（例如NFTS）是IP的一種形式。 Memecoins有很大的機會通過與普通百姓的思想深入互動來推動加密貨幣行業的發展。但是，他們並沒有打破其加密本地角色的潛在界限。取而代之的是，他們停滯在超越的道路上，缺乏獨創性和平凡的狀態。我擔心，如果保持現狀，則缺點將超過利益。為了使這一類別成長，成人必須進化，我堅信進化的方向是成為社會貨幣 - 超越懶惰的泵送和降低計劃並轉變為可擴展，令人難忘和備受喜愛的IP的tokens。

My argument is not to replace memecoins with social currencies but to add a final stage to their growth roadmap. Memecoins must graduate from meaningless on-chain images and evolve into social currencies that can drive the development of the crypto industry, possessing productivity and perception. I believe there are existing tokens that belong to this category. This article will explore the current state of memecoins, why successful projects should evolve into social currencies, and the impact of social currencies on the crypto space.

我的論點不是用社會貨幣代替成人，而是在其增長路線圖中增加最後階段。 Memecoins必須從毫無意義的鏈圖像畢業，並發展為可以推動加密行業發展的社會貨幣，具有生產力和感知。我相信存在屬於此類別的現有令牌。本文將探討模因的當前狀態，為什麼成功的項目應演變為社會貨幣以及社會貨幣對加密貨幣空間的影響。

First, what are social currencies?

首先，什麼是社會貨幣？

Social currencies are tokenized assets that represent value within a specific community, typically used to incentivize participation, reward contributions, and enhance brand or community loyalty. They operate similarly to traditional currencies, but their value derives from social interactions, reputation, and influence.

社會貨幣是代表特定社區中價值的標記資產，通常用於激勵參與，獎勵貢獻並提高品牌或社區忠誠度。它們的運作與傳統貨幣相似，但其價值源於社會互動，聲譽和影響力。

In simple terms, social currencies are memecoins with fundamentals—they are progressive, perceptive, and focused on nurturing communities that can sustainably create viral effects, rather than extracting value from fleeting hype.

簡而言之，社會貨幣是具有基本原理的成年貨幣 - 它們是進步的，敏銳的，並且專注於培養可以可持續產生病毒效應的社區，而不是從短暫的炒作中提取價值。

Memecoins vs Social Currencies

Memecoins vs社會貨幣

Memecoins do not create viral effects—they monetize viral effects, draining the heat until it fades. In contrast, social currencies possess perception and can actively promote their IP through various media, collaborations, and integrations, continuously generating viral effects.

紀念物不會產生病毒效應，而是貨幣化的病毒效應，排出熱量直到逐漸消失。相比之下，社會貨幣擁有感知，可以通過各種媒體，協作和整合積極促進其IP，從而不斷產生病毒效應。

Typical lifecycle of a memecoin:

Memecoin的典型生命週期：

Lifecycle of a social currency:

社會貨幣的生命週期：

In my view, all social currencies initially start as memecoins, but as momentum builds, they must evolve into social currencies. The following diagram accurately illustrates this process.

我認為，所有社會貨幣最初都是從成員開始的，但是隨著勢頭的建立，它們必鬚髮展為社會貨幣。下圖準確說明了此過程。

I love this diagram because it shows that social currencies are not meant to replace memecoins but are their evolved form. To me, social currencies are memecoins backed by real value. Anyone can issue a memecoin, but only the best can inject real value into it.

我喜歡這個圖表，因為它表明社會貨幣並不是要取代成人，而是他們進化的形式。對我來說，社會貨幣是由真正價值支持的模因。任何人都可以發出模因，但只有最好的才能將實際價值注入其中。

If you believe that liquid crypto assets will primarily belong to the retail asset category, then you are believing in memecoins and their success. If you believe that institutional capital will eventually flow into altcoins, then you must expect fundamentals to dominate. Social currencies combine the advantages of both—retail appeal from memecoins and the engaging qualities sufficient to attract institutional participation. In my view, social currencies blend the essence of memecoins and utility tokens.

如果您認為流動加密資產主要屬於零售資產類別，那麼您相信Memecoins及其成功。如果您認為機構資本最終會流向山寨幣，那麼您必須期望基本面占主導地位。社會貨幣結合了兩者的優勢 - 成年人的零售呼籲和足以吸引機構參與的引人入勝的品質。在我看來，社會貨幣融合了模因和實用令牌的本質。

When analyzing the flaws of memecoins, it is clear that they could have more potential, but we allow social consensus to convince itself that “memecoins should be ineffective, and it has always been this way.” I personally refuse to accept this as the future norm of the field. To understand my frustration, one must first dismantle the current constraints on memecoins and how social currencies can resolve these issues.

在分析成員的缺陷時，很明顯，它們可能具有更大的潛力，但是我們允許社會共識說服自己，“紀念物應該是無效的，並且一直是這種方式。”我個人拒絕接受這一領域的未來規範。為了理解我的挫敗感，必須首先拆除當前對因素的限制以及社會貨幣如何解決這些問題。

Flaws of Memecoins

成人的缺陷

Advantages of Social Currencies

社會貨幣的優勢

Perception vs Non-Perception

感知與非感知

For traders and investors, the core difference between memecoins and social currencies lies in perception—the ability to maintain continuous relevance. Social currencies possess perception while memecoins do not, which is the key that traders should focus on. Perception = Relevance = Attention = Momentum. Unless you are a crypto legend (like DOGE), anything without perception will ultimately fade away.

對於貿易商和投資者而言，紀念因素和社會貨幣之間的核心差異在於感知的 - 保持連續相關性的能力。社會貨幣持有感知，而Memecoins卻沒有，這是交易者應重點關注的關鍵。感知=相關=注意=動量。除非您是一個加密傳奇（例如門檻），否則任何沒有感知的東西最終都會消失。

At this point, some may think: “I don't want memecoins to bear any execution risk.”

在這一點上，有人可能會認為：“我不希望Memecoin承擔任何執行風險。”

This psychological battle began with NFT art collectors in 2020, and I am surprised that we have continued this narrative. My rebuttal is simple: things without execution risk rely entirely on luck. Execution

這場心理鬥爭始於2020年的NFT藝術收藏家，令我們驚訝的是我們繼續這種敘述。我的反駁很簡單：沒有執行風險的事情完全依賴運氣。執行