YouTube Lianchuang supports Memecoin based on its platform "First Cat"
2024-05-27 21:21:02
Steve Chen, co-founder and former CTO of YouTube, backed Pajamas (PAJAMAS), a Memecoin project based on the first cat video uploaded to the platform in 2005. The project was released on the Solana blockchain and is now worth more than $20 million. Chen said he was not initially involved in the project, but was driven to support it by a large number of users and found widespread mistrust in the Web3 world. He has also been involved in several other technology projects, including an artificial intelligence-based transactional open-ended index fund and investing in startups.
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