According to TechFlow, VanEck portfolio manager Pranav Kanade emphasized at X that Memecoin has four key aspects that all teams in the cryptocurrency field should learn to emulate.
1. Simplicity: Many teams over-engineer their tokens without realizing that:
Time + capital + attention = scarcity;
About 600,000 tokens were issued last year;
Competition for the above scarce resources is intensified by the convenience of token issuance.
Instead, focus on:
Simple token design;
A clear vision;
Demonstrate how execution of the vision can create wealth for token holders.
2. High circulation, low fully diluted valuation (low entry valuation);
3. Founder/Team Alignment: We can only get rich if we achieve our goals/deliver products as promised;
4. Be highly transparent (e.g., disclose the cost basis of venture capitalists, which is often difficult to find).