VanEck Investment Manager: Meme Coin has four key features that are worth learning from for crypto projects

Odaily News VanEck portfolio manager Pranav Kanade wrote on X that Meme Coin has four key aspects that are worth learning from for crypto teams: 1. Simplicity: Many teams over-design their tokens without realizing that: - Time + Capital + Attention = Scarcity; - About 600,000 tokens were issued last year; - Competition for the above scarce resources has intensified due to the convenience of token issuance. Instead, focus should be placed on: - Simple token design; - Clear vision; - Show how the execution of the vision creates wealth for token holders; 2. High circulation, low FDV (low entry valuation); 3. Founder/Team Alignment: We can only get rich if we achieve our goals/deliver products as promised; 4. High transparency (for example, disclose the cost basis of venture capitalists, which is often difficult to find).