How exactly do you make money?
While it would be possible to build in a founder's reward to the protocol (like Zcash) to show explicitly how much is being paid to the developers, this still seems too scammy to me.
I'd much rather just profit from the growth period where this market is being adopted, so I would make money simply by buying shares of obviously large-scale memes while they are extremely cheap. That seems very fair to me.
And; how is the market going to react to certain "memes"- apart from their popularity they have no ''function'' which will result in most if not all of them being a Pump & dump - your entire platform being a pump & dump.. -> Which will ultimately result in no one using/trading on your platform.
Money is only valuable because people believe it will be, and markets only behave based on what people believe others will do. So the thesis here (which may or may not prove to be true) is that people will believe in meme markets enough to keep money in them (whether for entertainment value or to store financial value). So it's really not different from the thesis that altcoins have value, and we know Dogecoin has maintained a relatively large market cap just for being based around a meme. Actually, it's one step better than altcoins since the shares can be redeemed for real Bitcoin.
This would be ideal, however i highly doubt this is what will happen. That'd be wayy to predictable.
I definitely see this as an experiment, overall nobody truly knows what the future of crypto holds
