Why is Memecoin said to be the decentralized engine of cultural activities in the digital era?

Author: Digital New Financial News

On January 18, 2025, US President-elect Trump announced the launch of the Personal Memecoin TRUMP on his social media. According to CoinGecko data, TRUMP's market value has risen rapidly, ranking fourth in Meme in a short period of time, and the highest level has risen to US$75.35. This amazing increase and market value performance has made Trump's currency the focus of attention.

One of the purposes of Trump's issuance of TRUMP coins should be to use his own influence and topicality to create his own unique logo in the cryptocurrency field and strengthen his personal brand image. He claimed the currency was intended to "eliminate a leader who did not retreat even in the worst cases", implying that he had attempted assassination during the campaign. At 7 a.m. on May 23, 2025 (the evening of May 22 Eastern Time), a glorious night for 220 TRUMP token holders - they won the opportunity to have dinner with US President Trump with their holding rankings from April 23 to May 12. It can be said that this is the latest action Trump has empowered his TRUMP coins. Some people say this is Trump's "compulsory" with TRUMP coin holders and the "peak intersection of crypto and politics". Justin Sun participated in the above dinner as the first holder and said that "memecoin has legitimacy and value."

Why is Memecoin said to be the decentralized engine of cultural activities in the digital era? First, memecoin is based on blockchain and smart contract technology and has initially possessed the characteristics of cultural empowerment tools. The immutable characteristics of blockchain can anchor cultural symbols (such as hot memes and IP images) as tokens to realize digital rights confirmation and perceived expression of cultural value; the automatic execution of rules of smart contracts can build cultural interaction scenarios, and users can complete cultural exchanges and communication through token trading, pledge and other behaviors, such as token exchange for cultural content in virtual communities. Decentralized ledgers allow different cultural symbols to flow freely on the chain. When users participate in token creation and circulation, they promote the collision and coordination of multicultural cultures, form a self-organized cultural communication network, and enable efficient transmission and consensus cohesion under the empowerment of technology.

Second, memecoin can become a cultural empowerment tool, and more importantly, users use tokens as a link to build cultural interactive scenarios. Users can hold online seminars, virtual cultural exhibitions and other activities based on memecoin. Participants can obtain the right to participate through token pledge and deepen their understanding of cultural symbols in exchange; they can also jointly complete cultural creation tasks, including but not limited to using memecoin to reward original emoticons, jokes and other content. The token incentive mechanism drives users to collaborative output. Under this model, memecoin is not only a medium of transactions, but also a "trust link" for cultural cooperation - users use token circulation to complete the division of cultural tasks, spontaneously form a closed loop of cultural communication in decentralized communities, allowing the scattered cultural value to be condensed through consensus mechanisms, and realize the empowerment and upgrading from symbolic dissemination to value co-creation.

In addition to TRUMP currency, there are many highlights of memecoin culture empowerment. Taking MemeCore as an example, users can use their platform to create and share personal memecoin, integrate their own stories into it, expand cultural communication through transactions and donation interactions, and link digital identity to economic value through rankings. For example, some memecoin based on popular anime and game culture, fans can hold online cosplay competitions. Participants use the corresponding memecoin to pay the participation fee, purchase props, and complete cultural tasks such as "reproducing classic scenes" to deepen their understanding and dissemination of works. There is also Dunhuang Lingjing that planned to build a MEME pig project. If it is implemented, users can use relevant memecoin to participate in the Dunhuang cultural theme creation challenges to promote new expression of traditional culture in the digital era.

Another famous project, Boring Ape NFT, is driven by the project party, not mainly driven by the community. But similar to the above memecoin, its basic function is to confirm cultural symbols through blockchain rights. Holders can obtain social identity, participate in offline gatherings, art exhibitions and other cultural activities. They can also conduct secondary creation based on IP, derive cultural content such as trendy brands and animations, form a closed loop of cultural empowerment of "ownership - creation - communication", promote the integration of street culture and crypto art, and become the cultural social currency in the Web3 era. It can be said that there are certain similarities in this regard, and the two have the possibility of mutual integration.

In traditional society, there are many tools to empower culture. Specific regional spaces are also important tools for empowering traditional culture. Like a famous historical and cultural city, such as Xi'an, this city itself is a living historical and cultural textbook. Many historical sites such as the ancient city walls, Terracotta Warriors and Horses, and the Big Wild Goose Pagoda are all over the city. It attracts a large number of tourists from home and abroad every year, and tourists are among them to experience the grandeur of ancient architecture and the heaviness of historical culture. This kind of on-site experience and feeling is something that book knowledge cannot be given. The urban space of Xi'an provides a natural and powerful carrier for the dissemination and inheritance of ancient Chinese history and culture, allowing culture to be vigorous on this land.

Time in a specific cultural significance also plays an important role. Traditional festivals are typical examples. Taking the Spring Festival as an example, during the Spring Festival, family reunion, and a series of traditional customs such as people posting Spring Festival couplets, eating New Year's Eve dinner, visiting relatives and friends are staged one after another. At this particular time, elements such as family concepts, family bonds, and etiquette in traditional culture are infinitely amplified. Generations of people are influenced by traditional culture in the atmosphere of the Spring Festival and pass on these cultural connotations. The Spring Festival has become an important time node for the inheritance and development of traditional Chinese culture, and has continuously empowered culture.

For example, many culturally related associations are committed to inheriting and promoting specific cultures. For example, some folk cultural associations convey folk culture to the public by organizing various folk activities, such as traditional festival celebrations, folk art exhibitions, etc. Members of the association work together, from event planning, organization and implementation to publicity and promotion, each link embodies everyone's love for traditional culture and their determination to inherit traditional culture. Through these activities, the influence of folk culture has been expanded, and people's awareness and identity of it has been continuously enhanced.

Compared with traditional cultural empowerment tools, memecoin has many similarities and differences. The same is that they all use a certain carrier to spread and strengthen specific cultural connotations . memecoin uses the Internet and cryptocurrency technology to integrate specific cultural symbols or concepts into it for dissemination; traditional cultural empowerment tools spread traditional culture through their respective methods, such as organizational activities of association groups, physical carriers of regional spaces, and ritual activities at specific times.

The differences are even more significant. From the perspective of the speed and scope of communication , memecoin relies on the Internet and the global cryptocurrency market, and has a very fast communication speed and covers the world. Take Trump's currency as an example. In the short period of its release, its market value has risen rapidly, and many cryptocurrency investors around the world have participated. The spread of traditional cultural empowerment tools is relatively slow, and the scope of transmission is often limited by factors such as region and participants. For example, the activities organized by some local folk cultural associations may have their influence limited to local communities or specific groups of cultural enthusiasts. From the perspective of participation methods , memecoin's participation is open and transparent. As long as there is a network and a certain amount of funds, anyone can participate in the transaction and dissemination of relevant cryptocurrencies. However, traditional cultural empowerment tools, such as joining certain professional cultural associations, may require certain professional knowledge or undergo a specific review process; participating in cultural experiences in specific regional spaces may be subject to geographical location, economic conditions, etc. If you go to Xi'an to experience its historical culture, you will need to pay for transportation, accommodation and other fees.

Of course, memecoin and traditional cultural empowerment tools are not mutually substituted, but complement each other and complement each other, making cultural activities more convenient, richer and more diverse in the digital era.

Entering the era of digital intelligence, memecoin has great potential to become a decentralized tool for cultural empowerment activities. The characteristics of the digital era are the high integration of digitalization and intelligence, and the information is spreading very quickly and has strong interactiveness. memecoin can take advantage of the decentralized characteristics of blockchain technology to break the limitations of central institutions in traditional cultural communication and empowerment models. For example, some niche cultural creators can create their own cultural cryptocurrencies based on memecoin. By linking unique cultural content, such as original works of art, niche music, etc. to the cryptocurrency, enthusiasts around the world can support and disseminate this niche culture by purchasing, holding and trading the currency. Moreover, due to the immutable nature of blockchain, information such as copyrights and other information of cultural works can be better protected, and the rights and interests of creators can be protected, further stimulating their enthusiasm for creating and spreading culture.

Memecoin can also play an important role in virtual cultural communities. People can create virtual communities based on a shared favorite cultural theme and use specific memecoin as currency in circulation within the community. Community members can use this currency to purchase virtual cultural products in the community, such as virtual artworks, cultural-themed game props, etc. This approach not only enhances interaction and identity with culture among community members, but also provides new impetus for cultural innovation and development. For example, in a virtual community with science fiction culture as the theme, creators can release memecoin related to science fiction culture, so that community members can support themselves in creating science fiction novels, comics, film and television works, etc., to achieve diversified development and widespread dissemination of science fiction culture.

When users empower memecoin, they still must assume corresponding social responsibilities to protect the rights and interests of others. Because the memecoin market is highly speculative and uncertain, the price fluctuates greatly. When users participate in related transactions and dissemination, they cannot deliberately create false information to manipulate market prices and mislead other investors. For example, false positive news about a certain memecoin cannot be spread on the Internet, attracting uninformed investors to enter the market, thereby raising the price and leaving the market by profit. This behavior will seriously damage the interests of other investors.

From the perspective of cultural communication, when users use memecoin to spread culture, they must ensure the health and legality of cultural content. Memecoin that promotes bad cultures such as violence, discrimination, and hatred cannot be spread. For example, if someone tries to create a cryptocurrency that promotes a culture of racial discrimination, other users should not only not participate, but should also actively boycott and report to relevant regulatory authorities. Because the spread of this bad culture will cause great damage to social harmony and stability, and will violate basic social responsibilities.

Although there are still many challenges and controversies, with the development of technology and the deepening of society's understanding of it, memecoin has shown unique potential and opportunities in cultural empowerment activities. Its specific technical characteristics, functional uses, and empowerment methods will definitely continue to innovate and develop, and its impact on cultural activities will become increasingly profound . If it can be reasonably standardized and utilized, it is expected to open up new paths for the diversified development and widespread dissemination of culture in the digital intelligence era, become an influential decentralized cultural empowerment tool, and become a new decentralized engine for cultural activities in the digital intelligence era.