Solana Labs CEO Anatoly Yakovenko is again in the middle of a heated debate. This time for noticing meme coins and NFTs as “digital slop” in a public back and forth with base maker Jesse Pollak.
The discussion, which unfolded on X during the weekend, revolved around the observed value of meme coins and NFTs.
Collision about NFT, Meme Coins value
Yakovenko maintained his point of view that these assets have no intrinsic value and compared them with Buitboxen to play mobile games for free. Are tweet said”
“I said this for years. Memecoins and NFTs are digital slop.”
Pollak, however, did not agree and said that the cultural and artistic substance behind NFTs gives them inherent value. He argued that it is comparable to visual arts, which has value, regardless of generating income.
“The content itself is valuable.”
“If it is not for meme coins, no one would bother to use Solana,” an X user shoot back. Others accused him of undermining the sectors that breathe new life to Solana after the Post-FTX-Malaise. Flaunch employee “Caps” too criticized Yakovenko for rejecting makers and traders.
Yet a few came under his defense. The co-founder of NFT collection Space Riders recognized The criticism but saw credibility in the perspective of Yakovenko. “I don’t think he’s completely wrong. If people enjoy digital slop, they will continue to buy it. That’s the point,” he added.
It is important to note that meme coins and NFTs remain deeply embedded in the Solana success story.
Solana’s growth motor
According to a recent report from Syndica, Meme Coin Dapps now account For a record-breaking 62% of the monthly Dapp income from Solana, with pump. Fun that leads the load. The protocol has just been marked as the highest earner of the network for a year, after transformation of a simple meme-muntwerper in an exchange of income exchange.
The ambitions of Pump.Fun also grow, because it now sets its sights on competing with social media giants such as Tiktok and Twitch.
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