From Caitlin Jenner to Iggy Azalea- Inside The Celeb Memecoin Frenzy 

Web3, AI and the creator economy in under 3 minutes per week!

Author

Shira Lazar
June 02, 2024

Hey Alpha Fam! As we transition from spring to summer, I’m reaching out from NYC, where I’ll be all week, hopping between mental health retreats and Tech Week NY events – quite the spectrum, I know. There's a lot happening in the emerging tech space, so let's dive in!

The latest buzz in the crypto world? Celebrities are diving headfirst into the memecoins! 

This past week has been a whirlwind with stars not just endorsing but actively creating and launching their own memecoins. From Caitlyn Jenner's meme coin to Iggy Azalea launching her own $MOTHER coin. 

While many are skeptical about celebrities coming into the space again after years of backlash and scams endorsed by celebrities in the past, apparently, this time, it’s not all about quick gains. 

Iggy Azalea has made headlines with her “anti-scam plans”, aiming to protect her fans and the broader community from the notorious pitfalls of the crypto world. Her recent efforts highlight a crucial aspect of this craze: the need for responsible promotion and genuine engagement.

These big names have also been hosting multiple Twitter Spaces, engaging in discussions, and building communities around their digital assets. Caitlyn Jenner has also touted in her own spaces that this is not a memecoin but a legit business, and she hopes to use her influence to further spread the adoption of cryptocurrencies along with her personal brand. Aside from that there is not much information out there about what she is trying to do with the memecoin specifically.

Yet, we have been there and done that when it comes to celebrities coming into Web3 and crypto, extracting, lacking transparency, and some even facing criminal charges because of it. 

Will this time be any different?

🔥 My Hot Take:I love the excitement around emerging tech spaces and the potential of internet culture to unite people around innovation. However, I'm personally still skeptical about memecoins. While I hope these attempts support the space, my concern is that if they fail, it could harm the industry. I do see the potential of points and tokens as ways to gift and incentivize fans. If they are viewed this way, it can be great. But when they are seen as a get-rich-quick scheme, that's where I believe the idea will falter.

Shira Lazar

Other headlines to check out:

Web3

Creator Economy 

AI

Keeping my eye on…

Meet the Sightful Spacetop G1, a revolutionary device that replaces traditional screens with augmented reality (AR). This portable and efficient computer projects a large virtual display right in front of you, perfect for working on the go. Ideal for digital nomads, creatives, and tech enthusiasts, its sleek design fits seamlessly into any workspace. The Spacetop G1 offers a glimpse into the future, blending the physical and digital worlds for a limitless experience. 

Will screens soon become obsolete?

Sightful was founded by Tamir Berliner and Tomer Kahan. Both founders previously worked at Magic Leap, bringing their extensive experience in augmented reality to their new venture. The Spacetop G1 is currently priced at $2,000 — cheaper than the Apple Vison Pro.

I’m Bullish On…

The Happiness Series by Max Joseph is an engaging video series that explores the concept of happiness from diverse perspectives worldwide. Each episode features interviews, real-life stories, and vibrant visuals to understand what makes people happy and how to achieve and sustain happiness.

Max Joseph, known for co-hosting MTV's "Catfish: The TV Show," is an acclaimed filmmaker whose work blends storytelling with thought-provoking content, focusing on social issues and personal growth.

Gentle reminder:

I truly believe you attract the right people and opportunities when you have the right mindset. 

That's why working on your mindset and inner self is essential. 

Everything you desire emerges from there.

Remember, I'm Bullish on you!

With gratitude,