Polychain CEO: There is a huge divergence in attitudes towards meme coins between institutional investors and retail investors

ChainCatcher reported live that at this year's Token 2049 conference in Singapore, Polychain CEO Olaf Carlson Wee delivered a keynote speech on the theme "Meme Coins are Information Markets."

Olaf observed a significant divergence in attitudes towards meme coins between institutional investors and retail investors. Institutional investors view meme coins as gambling and zero-sum games, while the enthusiasm of retail investors is actually driven by deeper reasons: their social characteristics.

He pointed out that the current monetization of KOL influence is extremely inefficient, requiring endorsement contracts outside of social platforms to profit, as the platforms themselves cannot share revenue. The core value of meme coins lies in their social aspect, which is the behavior of "tracking address" transactions, essentially predicting the viral potential of content.

Olaf believes that each post can be minted into a token, and sharing it would yield profits, replacing algorithmic content ranking with market forces. Users of viral content would directly receive earnings, and in this model, platforms could profit through transaction fees rather than advertising, making user accounts tradable. He believes this will fundamentally change the social media ecosystem, turning communities into valuable trading tools.