counterpoint: there's nothing stopping a founder from launching a memecoin "for fun" and then selling real equity to investors 6 months later, completely cutting the meme coin holders out!

I suspect this is the actual direction most of this goes.

Web 2.0 founders right now... https://t.co/sg9eBcpDKW

Stablecoin Sean

Founder, designer, & product guy at /basepaint and /eigenlayer

lmao yes
https://x.com/seanlippel/status/1922434893469925751

What users see on Believe vs what creators see on Believe https://t.co/2ifO5Dx5xx

Will Papper ✺

https://x.com/WillPapper/status/1922416794221891935

initial constraint was "maybe you can't fundraise from good investors" tho?

A lot of good investors will view that as a liability, on the margin will make it harder to fundraise