Buterin responded to a post about Iggy Azalea's MOTHER token potentially leading the celebrity crypto trend towards sustainable value creation.
The recent surge of celebrity memecoin releases has left Vitalik Buterin, one of the creators of Ethereum, dissatisfied. He believes the goal for a project should be that, even if the tokens eventually become worthless, the average participant should still feel satisfied and happy to have been involved.
In a June 5 X post, Buterin said that financialization is only justified if it serves a purpose that brings value to society, such as improving healthcare, supporting open-source software, and promoting art and creativity.
This statement came in response to a post about the possibility of Iggy Azalea’s MOTHER token becoming the mother of this cycle’s celebrity experimentation if it breaks into sustainable value creation.
