Opinion
The key to the long-term survival of memecoins lies in adopting decentralized governance and moving beyond pure speculation.
The author is an independent contributor writing an opinion or expert take. Views expressed are the author’s own and may not reflect Cointelegraph’s editorial position. Sasha Ivanov is the founder of Waves and Units.Network. Since 2013, he has focused on integrating blockchain technology into finance, launching several startups.
The key to the long-term survival of memecoins lies in adopting decentralized governance and moving beyond pure speculation.
Decentralized autonomous organizations have too many attack vectors that affect important projects. That needs to change for them to become practical governance models.