Solana Co-Founder Criticizes Memecoins as ‘Loot Boxes’ Despite Their Revenue Dominance
Solana co-founder Anatoly Yakovenko has drawn controversy by comparing memecoins and NFTs to ‘loot boxes,’ arguing they fundamentally lack intrinsic value and exploit consumer psychology. Yakovenko stated these assets rely on speculative behavior without delivering substantive utility or underlying worth.… Read More »Solana Co-Founder Criticizes Memecoins as ‘Loot Boxes’ Despite Their Revenue Dominance