Are memecoins a red flag for Web3?
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Memecoins, these light tokens often perceived as harmless, could very well be the Achilles’ heel of Web3. Dan Finlay, co-founder of MetaMask, recently explored their impact through a bold experiment. His conclusions? A Web3 weakened by a lack of consent, transparency, and accountability. A reflection that shakes the certainties of the crypto ecosystem.
The Bright Illusion of Memecoins
Memecoins play a paradoxical role. While their light nature attracts crowds, their impact on Web3 is much darker.
Dan Finlay, co-founder of MetaMask, conducted a troubling experiment…
