Topic: Let's use the cryptocurrencies and blockchain techology for good idea - page 2. (Read 307 times)

I'm confused by your excuse, it's just in your imagination and exactly what you can't do to make it successful. Please answer yourself what is the possibility of speculation with memecoin? Who will come and buy what you just said?

There are many ideas that I see that seem to be able to solve all problems, but they only stop at personal gain. If you really have good intentions, it is not necessary to use blockchain, you can also appeal. Everyone helps but not everyone is willing to put faith in things that are theoretical but cannot be applied.

Memecoins are made from memes which give it that fun element however I think some people nowadays tend to use memecoin wrong. Even if it is not exactly inspired by a meme, they call it a memecoin. It can be profitable if like you said they succeed and you take advantage of that success. But if you don’t want to deal with too much risks, memecoin may not be for you.

I think the closest thing you can try to do is to use a memecoin "inofficially" as an utility token.

Basically the plan would be:

1) Buy up or mint an existing but underrated (almost dead) meme coin - this should give you less problems than if you create it yourself.
2) Develop a business which could fit the demographic the meme coin is directed to.
3) Offer services of your business for the meme coin, ideally "backing" the meme coin with your company's services. For example, if you are a gaming company and the memecoin is called MEMX, sell a single DLC for the same MEMX price regardless of the MEMX/USD price taking a dip. You can of course adjust the price when the memecoin's price rallies, but don't do it too often if you want to achieve the effect to present your business as "the company backing the MEMX token".

This way, you aren't officially the issuer of the coin, and the coin is also no share of your company nor gives it any right to the owners. Thus for the authorities you're simply a business which happens to accept a certain cryptocurrency for their work, but you can both promote the coin and promote your business.

For memecoins this should work mainly in fields like gaming, where for example you can create a mascot based on the meme coin and use it in your game.

Of course if you want to invest a bit more time for compliance you can also set up a "real" utility token (officially associated with your company) with some characteristics of a memecoin, but that would of course be more costly. You can even create a security token but o48o is correct this has never really got popular due to all the legal hassle. Of course, the extent of the hassle depends on the country your business is located.

Yeah, i wasn't talking about crypto being money. That doesn't even make any sense. I don't think you really read what i said.

Sure, you can create a meme token that has only speculative value, it's permissionless after all, and if you market it correctly or airdrop it you might not have any problems with it. .

But it's hardly "your own business" anymore. Especially if crypto you sold is tied to real world company incentives. Why would you think that any CEX would list that if your project clearly break AML laws and aren't even passing the Howey Test?

These kind of projects you are describing worked with low level in 2015-2016 in NXT ecosystem for example, but only because money inflow was low and no one was paying attention enough to force any regulations. Have you paid any attention why teams and exchanges get sued from left and right these days? Or are you purposely ignoring that?

Sorry to ask mate but do you know about meme coins? They are literally fun and nothing more. Anyone on solana can create a contract for one, add a customize image and launch and with proper marketing, you will earn more than you invested if the project goes well but majority of them are scams and fraud that launch nonsense that later defraud people their hard earned money, is that the idea you want term as good idea? Maybe with other coins or preferably Bitcoin.


Cryptocurrencies are not like stock, they don't work like that but perhaps some of them give passive income for staking but you can only enjoy that when you have enough for investment. If you have small, you will probably earn some fractions just like how dividend works in some stocks and it's risky because the value is not stable, it fluctuate because of high volatility. Please try as much as possible to avoid meme coins on Solana but you can buy sol and hold as alternative coin.

I have some points which may not be accurate for the question posted but rather the way it has been out across, because people need to understand that memecoin wouldn't give them return on long term as we doub their existence hence why do we have to mention about memecoin? They are created just for fun or pump and dump purpose but there are other good project which need to be supported as crypto world doesn't revolve around memecoins and what's the difference between the kind of plan you are suggesting and stocks?

blockchain is already used for good. memecoins are just for fun.
if big projects can't even do it. memecoins will also be that way. memecoins are for quick bucks only, the only reason why its there on top is due to the hype that regular people can actually buy billions of memecoins for less than $100.

the idea is good but then anyone who earns a few bucks after investing in memecoin, will dump it all and move on to another memecoin.

Tokens and cryptocurrency Are not money they are only money If you exchange them into money.
Your crypto is your private business.
What you mean i cant ?
Yes i can it's Simple i'll just make meme coin named real estate developent or other purposes maybe meme coin for collecting funds to buy forest and cutting trees maybe opening some hotel maybe this maybe that.
Then later who got most tokens off course get bigger rewards of business.
People give away money just for fun let the meme coin creators try to make some business at least wich can make profit and then we all rich money makes money

There has been several projects that have tried RWA's, but nothing has been really successful so far because of regulatory limits with trading securities. And you do understand that we literally already have such investing opportunities, by investing companies with stocks? They aren't just decentralized, and making them decentralized often falls to ever changing regulatory demands, and lack of the platform that operates in a way FATF would be happy about it.

You can't just create a erc-20 or other token and say they are company shares or rwa's... Well you can but you couldn't even trade them via any legit cex. And sharing company profits to pseudonymous accounts would break AML laws and get you to jail eventually, if amounts were big enough.

The solana meme coins could be good way to invest into real world projects.
As banks don't give money so you could collect funds with meme coins and it will start the innovation and a lot great ideas will be turning into reality becouse If there is funds people can realise their dreams.
For example building and real estate developement or any other business idea to collect funds limitless opportunity i don't know why people don't do that ?
I would love to invest something like this and then i'll get rewards or ownership of business.
Sure, you can't never trust anyone can create meme coins but If we going to risk anyways for fun and no actual use case or utility then atleast lets use it for something good.
Also can collect donations for projects and many many more ideas i would really love to invest in this way.
That will Bring more money than actually USA wall street doing it now you could collect more than fed can print money for all kind of projects.
I really love to invest into real projects trough solana meme coins they could be like company stock shares.
Just Nice it will be