Will scene coins become the next hot spot in the Meme field?

Author: William M. Peaster, Bankless

Compiled by: Deng Tong, Golden Finance

Currently there are A new trend: scene coins.

According to Li Jin’s recent memecoin classification, Scenario Coin is a “community-first memecoin” that “launched as a Schelling point for a distributed community with shared values ​​and mission.” (Note: Schelling point, also translated as Schelling point, or focus point, is the tendency of people to choose without communication in game theory. This choice may be made because it seems natural, special, or Related to the selectors.)

#These bottom-up grassroots tokens are soaring? The new on-chain stack makes cryptocurrency coordination easier than ever.

For example, a big pillar here is Warpcast, the leading app for Farcaster and the darling of the current crypto social scene.

Thanks to its built-in wallet support and composability with other resources like Zora NFT Minting, Warpcast has become fertile ground and home for a new wave of community-driven memecoins , such as $DEGEN, $HIGHER, and $ENJOY.

Another rising pillar of Scenecoin is Party, a platform for streamlining on-chain group protocol portfolios. The $HIGHER community uses Party to transparently coordinate the release of its tokens.

Of course, without top-down organization, scene coins all start in an embryonic state, and then they gain further traction by stirring up “hive mind” community engagement . Now, we see:

$DEGEN Mission = Reward great Farcaster content.

$HIGHER Mission = Create an optimistic lifestyle brand.

$ENJOY Mission = Curating delightful on-chain media.

Just like NFT on Zora has become the preferred diffusion channel for noun media, Zora has also become the preferred coin minting platform for cultural creation in today’s scene currency community.

There are many reasons - Zora is very easy to use, it offers rewards and flexibility to creators, and it's Farcaster-friendly. But more importantly, Zora has recently been leaning towards scene coins and has become the center of scene coins in its own right.

In fact, the Zora team recently activated ERC-20 minting, paving the way for creators to sell NFTs for non-ETH tokens. This new feature, combined with the minting-friendly Warpcast, has sparked a craze for memecoin-themed NFTs in recent days as these memecoin communities continue to thrive.

Still, amid the memecoin craze that continues to grow in the crypto economy, new on-chain stacks like Warpcast, Party, and Zora are redefining how asset creation and community proliferation works . Together, they can channel the energy of meme coins into the development of scene coins, focusing it on productive goals.

Looking ahead, the lasting success of Scenario Coin will largely depend on community participation and bottom-up governance. How these projects navigate and innovate around decentralized decision-making will be a key clue to watch in the future.

Furthermore, speculation aside, the long-term value of scenario coins will depend on their adoption and utility within and outside the community. Watch for upcoming integrations and partnerships, as well as the possibility of Scenario Coin evolving into a full-fledged product line.

Can this new token niche maintain momentum and engagement in the coming years? What models can ensure growth and sustainability without sacrificing community value?

The answers to these questions remain to be seen, but the potential of ScenarioCoin to reshape how new communities are built from the ground up is already clear.

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