Attention economy has fueled memecoins — Hashed co-founder

Hashed co-founder Ryan Sungho Kim spoke to Cointelegraph at India Blockchain Week about the effect of the attention economy on memecoins.

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One of the co-founders and partners of South Korea-based venture fund Hashed said attention will be one of the “currencies” to watch in the future, citing examples from the political climate in the United States.

Speaking to Cointelegraph at the India Blockchain Week conference on Dec. 5, Hashed co-founder Ryan Sungho Kim pointed to US President-elect Donald Trump and Tesla CEO Elon Musk as examples of the attention economy in action.

Musk, the world’s richest person, is a well-known proponent of Dogecoin (DOGE), going so far as to propose a “department of government efficiency” — with the acronym DOGE — within the incoming Trump administration based on the memecoin.

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