Polygon Labs CEO Marc Boiron is not just rolling his eyes at the memecoin madness-no, he’s got a plan to save us from ourselves! In a recent chat with crypto.news, Boiron argues that the crypto world is getting a bit too obsessed with volume and not enough with substance. 🤔
- Boiron says memecoins aren’t the real villains; it’s the lack of a reliable way to find the good stuff.
- He dreams of a decentralized “Google for crypto” that sorts the wheat from the chaff using liquidity, audits, and community strength.
- Polygon is focusing on payments, stablecoins, and real-world assets, steering clear of the memecoin circus. 🎪
When asked about Base creator Jesse Pollak’s love for memecoins, Boiron admits he’s not against the tokens themselves. The real issue, he says, is that we’re drowning in a sea of tokens, and it’s hard to find the gems. His solution? Curation, not censorship. Imagine a decentralized search engine that ranks tokens based on transparency and real-world value. 🌟
But don’t worry, Polygon isn’t trying to be the savior of the crypto world. “We’re not trying to be everything to everyone,” Boiron quips. Instead, they’re focusing on what they believe are the real game-changers: payments, stablecoins, and real-world assets. 🏦💸
crypto.news: Jesse Pollak loves memecoins for bringing millions into crypto. Do you think the memecoin boom is doing more harm than good?
Marc Boiron: Memecoins are like the party animals of the crypto world. They bring energy and creativity, but just like a wild party, things can get out of hand. We need to make sure they’re not just a flash in the pan. We need systems to filter out the pump-and-dump schemes and highlight the ones with real value. 🕵️♂️
CN: With over a million new tokens launched, is this flood of tokens slowing down the industry’s progress?
MB: It’s like trying to find a needle in a haystack. The noise is drowning out the real innovations. We need better discovery tools to help legit projects stand out. Otherwise, we’re just spinning our wheels. 🚗💨
CN: You’ve said the real problem is the lack of filtering and discovery tools. What would effective curation look like in a decentralized world?
MB: Think of it as a “Google for crypto” where everything is indexed, but the best stuff rises to the top. We’d use criteria like liquidity, security audits, and community engagement to highlight the gems. It’s about making it easier for people to find the good stuff, not censoring the rest. 📊🔗
CN: How can curation happen without undermining the open, permissionless nature of blockchain?
MB: Curation doesn’t mean censorship. It’s about better discovery. We can use transparent, on-chain criteria to highlight tokens with real value. Anyone can still launch whatever they want, but the best ones will naturally rise to the top. It’s like a decentralized version of “survival of the fittest.” 🏆
CN: What is Polygon doing to support better curation and quality in the crypto space?
MB: Polygon isn’t trying to be a one-stop shop. We’re focused on payments and real-world assets, not memecoins. Our work with stablecoins and cross-border payments attracts serious projects. The Agglayer will help legit projects demonstrate their value across different chains. 🌐,
CN: Despite the criticism, memecoins have been incredibly profitable. How do you reconcile their short-term success with the long-term health of the industry?
MB: The top 20 memecoins hold about $65 billion in market cap, which shows how concentrated the real value is. Out of 10 million memecoins, just 20 make up 85% of all value. It’s a natural outcome of a capitalistic, gambling culture. While it brings some negative attention, it also serves as an entry point for new users to learn about crypto. 📈🚀
CN: What can serious projects learn from memecoins in terms of community engagement and creativity?
MB: Memecoins have nailed community building and viral growth. They create shared narratives and spark genuine enthusiasm. Serious projects can learn a lot from this. Technology adoption is as much about community and culture as it is about code. 🎉🎨
CN: How can the industry channel that enthusiasm toward projects with real utility?
MB: Legitimate projects should embrace elements that make them more accessible and engaging. We need to help memecoin communities see how DeFi, payments, and other utilities can enhance their experience. Once users realize they can earn yield, send instant cross-border payments, or access new financial services, they’ll naturally explore these use cases. Curation and discovery tools will make this shift even faster. 🚀🌐
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2025-08-27 22:27