The Eternal Crypto Dilemma: Meme vs Utility
The Eternal Crypto Dilemma: Meme vs Utility
馃 When Memes Become Utility
A recurring scenario in crypto trading highlights the ongoing confusion between meme and utility tokens. Despite attempts to educate with illustrated diagrams, the crypto community's response remains ambiguous.
- Traders seeking clarity on token classification
- Community responses often lack clear distinction
- Educational efforts through visual aids
- Persistent pattern of vague feedback
Key Observation: The line between meme and utility tokens continues to blur, making investment decisions increasingly complex.
Action Point: DYOR (Do Your Own Research) remains crucial when evaluating new tokens.
>looking at a new coin >ask CT if it is a meme or if it has utility >they don't understand >pull out illustrated diagram explaining what is a memecoin and what is utility >they laugh and say "it's a good coin sir" >buy the coin >it has utility
TradFiLines NFT Project Update - January 2024
The TradFiLines NFT project developer shares updates on the fourth contract development: - Circuit Breaker feature needs bug fixes before implementation - Plans to integrate DN404 with custom modifications for token consistency - Claims for TradFiLines NFT will resume after node synchronization - Previous incentives program concluded with 29 wraps completed *Technical Focus*: Modified DN404 implementation will ensure same tokens return each time, diverging from standard implementation. **Next Steps**: Circuit Breaker fixes and node sync completion are primary priorities.
Etheria 0.9 Bundle Sale Goes Under Radar
A significant Etheria 0.9 NFT sale occurred as part of a bundle transaction, causing it to bypass standard tracking mechanisms. The bundle, which included an additional pixel art piece, sold for 4.5 ETH. - Sale wasn't detected by @UOEtheriaBot - Bundle format prevented OpenSea from displaying in regular activity - Transaction confirmed on Etherscan This follows recent activity in early NFT art markets, including a 2016-vintage PixelMap tile listing.