Polychain CEO: There is a huge divide between institutional investors and retail investors on the attitude of meme coins

On October 1st, at this year's Token 2049 conference in Singapore, Polychain CEO Olaf Carlson Wee shared the keynote speech of "meme coin is an information market".
Olaf has observed a sharp divergence between institutional investors, who view memes as a gamble and a zero-sum game, and retail investors' enthusiasm for them for a deeper reason: a social dimension.
He pointed out that the current KOL influence monetization is extremely inefficient, and it needs to be profited through endorsement contracts outside the social platform, and the platform itself cannot make profits. The core value of meme coin lies in its social aspect, that is, the behavior of "tracking address" transactions, which is essentially predicting the viral potential of content.
Olaf believes that each post will be minted into a token, and the forwarding will be profitable, and the algorithm will be replaced by market forces to determine the content ranking. Users of popular content will directly benefit, in this model, the platform can profit through transaction fees rather than advertising, and user accounts will become tradable. He believes this will revolutionize the social media ecosystem and make the community a valuable transaction tool.