In addition to $VINE, which has a market capitalization of US$400 million, which other Silicon Valley technology companies may issue coins?

Author: BUBBLE, Rhythm BlockBeats

A week has passed since Trump issued the currency, and the chain is still going crazy. Today, another technology tycoon is issuing currency on the chain. First, the late legendary "cryptopunk" and "father of network security" John Mcfee has been resurrected in cyberspace, and his widow Janice Using Mcfee's X account, he released $Ainti, claiming to use AI to resurrect Mcfee's legacy. Rus yusupov, one of the founders of Vine, another living legend of the short video model, released $Vine Memecoin with the same name as Vine. This should be the first real-name coin issued by the founder of a well-known technology company after the Trump coin boom. As of now At the time of writing, the highest market value has reached US$400 million.

What is Vine

Vine was one of the first platforms to popularize short-form video content. It uses a 6-second loop video as its core feature, forcing creators to tell a complete story or deliver an idea in a very short time. American users have become accustomed to watching short video content that is consumed quickly. This "short, flat and fast" model laid the foundation for later short video platforms such as TikTok, Instagram Reels and Snapchat.

Vine videos have become a part of popular culture, and many classic short videos have been repeatedly quoted or imitated, and even entered the mainstream entertainment field. People like Logan Paul and Jake Paul went from being Vine celebrities to becoming YouTube stars. King Bach became famous for making humorous short videos on vine, and later became a well-known actor and producer. And Liza Koshy and Shawn Mendes have developed from niche celebrities on Vine to mainstream artists. Although it was acquired by Twitter in 2012 and was forced to close in 2016, Vine is not only a short video platform for American users, but also It is like the starting point for current individual content creation and rapid consumer culture dissemination.

How did Vine become a token with a market value of 250 million?

$Vine, which was founded by Pumpfun at 8:17 this morning, was no different from the previous local dog at first, until the token rose all the way to a market value of 30 million US dollars, and the X account of Vine founder Rus, who had been dormant for many years, claimed CA And posted a GIF of the tweet to prove it. At the same time, multiple addresses whose internal purchases originated from CoinBase collectively shipped, and the market was also flooded with FUD remarks that the GIF pictures were produced by AI, because at the same time, Memecoin $STONKS, which was released by a stolen account on Nasdaq, plummeted, causing panic. The mood caused the price of $Vine to drop by 90%, leaving only a market value of US$3 million.

An hour later, as if to echo the style of Vine short videos, Rus released a 3-second video to prove that he was not an AI. At the same time, he posted multiple addresses ending with "waamGQ", "MGVWa", "qedvzf", etc. The addresses distributing funds purchased a large amount of money at this stage and occupied the top 30 currency holders, and most of them still hold it now. Then Rus posted a rising arrow using Bullx's billboard and Vine's LOGO. After the Degen-style tweet on this chain was released, the token price rose all the way to a market value of around US$50 million.

Two hours later, it announced that the tokens of the DEV wallet would be locked until 4:20 pm on April 20, and forwarded several top European and American Alpha Group’s comments on $Vine. Under the control and reshuffle of the professional team, coupled with the positive sentiment of the market's expectations for Musk to discuss Vine again and the double buff of Vine's 12th anniversary, the market value has been soaring and has exceeded US$400 million after trading sideways at a high level. market capitalization. Although the market is full of discussions that Rus is launching tokens closely following Musk's enthusiasm, and there is no announcement of any benefit to the development of Vine, this is the core of Memecoin. When it changes from a cultural core to an application core It changed from memecoin to coin, so the stakes will not be discussed in this article.

How are the relics of the Web1.0 and Web2.0 era resurrected in Web3.0?

Judging from the popularity generated by Vine, it will definitely trigger a series of Internet companies that have withdrawn from the stage of history and use Crypto to regain a wave of popularity, whether they really want to be reborn or they just use attention finance to earn a certain amount of profits. Well, opportunities exist for retail investors in the market.

A president or a president's wife may have just one chance in four years, but technology companies have countless. Following the example of Rus launching $Vine, these companies will be more likely to get in on the game if they include a few of these elements.

1. The company was a pioneer in a certain field or was or is still well-known in a certain area.

2. This company cannot be operating well now to avoid greater losses caused by subsequent legal troubles.

3. This company is related to Crypto, whether it is the founder’s interest or investment or the subsequent acquisition team.

The author has compiled several projects that meet the above conditions:

Napster

It was established by Shawn Fanning and Sean Parker in 1999. Before that, record companies had a close relationship with artists and controlled distribution and promotion. Users could only access new songs through record stores, record stores, TV/radio and other channels. The profit margin of physical records Higher, especially in the 1990s, when CD sales peaked. Napster uses peer-to-peer technology (P2P) to allow users to share their MP3 files directly, forming a global music download network. It has accumulated tens of millions of users in a short period of time. Because of its decentralized server model, record companies were unable to cut off the source, which profoundly impacted the traditional recording industry. However, it was ordered to shut down by the court in 2001 due to copyright litigation. However, it affected the model of the entire music industry, and later iTunes and Spotify. Thoughts on digital music copyright and other legal copyrights.

After multiple acquisitions and transformations, the Napster brand was acquired by Hivemind Capital Partners and Algorand in 2022. It plans to launch the "Napster Web3 Music Platform" and has announced that it will issue Napster Token "but no tokens have been launched yet."

Napster Twitter: @Napster

Shawn Fanning Twitter: @ShawnFanning

Sean Parker Twitter: @sparker

Hivemind: @HivemindCap

AIgorand: @AlgoFoundation

Myspace

Founded by Tom Anderson and Chris DeWolfe, it was later sold to Specific Media, and Justin Timberlake also participated in its investment. Before the emergence of MySpace, the social form of the Internet was fragmented, and most interactions occurred in forums, instant messaging, and personal blogs. MySpace allows users to display personalized homepages on a large scale, interact with friends online, and contact a large number of music artists. If the previous Napster was to allow users to listen to music, then Myspace is to allow artists to better promote themselves and Being close to your fans also laid the foundation for user habits and technical models for subsequent social media forms (Facebook, Instagram, Twitter, etc.).

The project currently has basically nothing to do with Crypto, but I think founder Tom Anderson’s 3-year-old tweet Buying The Dip and the laser-eyed Tom look very Meme.

Tom Anderson: @myspacetom

Chris Dewolfe : @Chris_DeWolfe

Mark Cuban

Mark Cuban, the owner of the Mavericks and a well-known investor in Silicon Valley, also expressed his willingness to launch MemeCoin on the launch of $Trump on X. The mechanism is basically the same, the only difference is that all profits will be used to fill the US treasury. The market is very excited about this approach, and players want more transparency than the possibility of $Trump going into individual pockets. Although it is highly unlikely that every businessman will act without considering risks and returns, the narrative of the meme currency is indeed worth looking forward to.

Mark Cuban: @mcuban

Netscape

Founded in 1994 by Marc Andreessen and co-founder Jim Clark. The famous Netscape Navigator browser opened the era of commercial browsers. There is currently no Twitter account for Jim or NetScape.

Limeware

Like Naspter, it was launched in 2000. It is also a P2P file sharing software, often used to download music, videos, etc. It was forced to shut down around 2010 due to copyright and infringement disputes. In 2022, Austrian entrepreneurs Paul & Julian Zehetmayr and others bought the LimeWire brand and announced its transformation into an NFT trading platform. Although there are already platform tokens, the founders are not excluded from releasing Memecoin.

Paul Zehetmayr: @pzehetmayr

Julian Zehetmayr: @julianzehetmayr

Yahoo!

Founded by Jerry Yang and David Filo in 1994, Yahoo has global leadership in portal search, mailbox, instant messaging and other aspects. It was once the dominant Internet traffic. At the beginning of the Chinese Internet in that era, Yahoo was almost well-known to everyone. After Jerry Yang left Yahoo, he founded AME Cloud Ventures to invest in technology and start-up projects, including some projects in the encryption field.

Jerry Yang, David Filo: No X

AME Cloud Ventures official website "amecloudventures.com"

AME Managing Director Jeff Chung @jefchung

In addition to the projects mentioned above, there are many excellent products at the time that may participate in this movement, whether it is bringing the memory of the 00s back to this era, or just a new round of meme currency gameplay. What happened after Trump Coin The influence is gradually spreading. When influencers become unscrupulous in issuing coins, I hope everyone will stay calm and stay away from SCAM while following Alpha.