Slate News What Next: TBD | We Made a Memecoin
Mar 28, 2025
Azeem Khan, an advisor to UNICEF’s crypto fund and co-creator of the blockchain Morph, joins the discussion on the quirky world of memecoins. They dive into the creation of their own memecoin, BuenWim, navigating the absurdity and humor behind investing in crypto with no real value. The conversation highlights the chaos of the crypto market, personal experiences of novice traders, and the importance of community engagement. They also stress the risks involved, urging caution against scams in this playful yet volatile landscape.
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Azeem's Crypto Beginnings
- Azeem Khan attended a Bitcoin Center party in 2013.
- He saw people trading Bitcoin with QR codes, realizing their persistence.
Meme Coin Success Factors
- Create a light paper outlining the coin's purpose and grand vision.
- Carefully plan the tokenomics, including distribution and investor involvement.
Funding Challenges
- The What Next TBD team had limited funds for their meme coin project.
- Azeem revealed that successful coin launches often involve millions in funding.