A week after Trump issued the coin, the chain is still crazy. Today, another technology giant issued a coin on the chain. First, the late legendary Crypton and Father of Cybersecurity John Mcfee was resurrected. His widow Janice used Mcfees X account to release $Ainti, claiming that Mcfees legacy was resurrected with AI. Another living legend, Rus Yusupov, one of the founders of Vine, the originator of the short video model, released $Vine Memecoin with the same name as Vine. This should be the first time that the founder of a well-known technology company issued a coin in his real name after the Trump coin craze. As of press time, the highest market value has reached 400 million US dollars.
What is Vine
Vine was one of the first platforms to make short video content popular. Its core feature is a 6-second looping video, which forces creators to tell a complete story or convey an idea in a very short time. American users began to get used to watching fast-consumable short video content. This short, flat and fast model laid the foundation for short video platforms such as TikTok, Instagram Reels and Snapchat.
Vine videos have become part of popular culture, and many classic short videos have been repeatedly quoted or imitated, and even entered the mainstream entertainment field. For example, Logan Paul and Jake Paul went from being Vine celebrities to becoming YouTube stars. King Bach became famous for making humorous short videos on Vine, and later became a well-known actor and producer. Liza Koshy and Shawn Mendes also developed from niche Vine celebrities to mainstream artists. Although Vine was acquired by Twitter in 2012 and forced to close in 2016, Vine is not only a short video platform for American users, but also the starting point for the current individual content creation and fast consumption culture dissemination.
How did Vine become a token with a market value of 250 million?
$Vine, which was founded by Pumpfun at 8:17 this morning, was no different from the previous local dog at the beginning, until the token rose all the way to a market value of 30 million US dollars, and the X account of Rus, the founder of Vine who had been silent for many years, claimed CA and released a GIF picture holding the tweet to prove it. At the same time, multiple addresses that bought from CoinBase in the internal market collectively shipped, and the market was also full of FUD remarks that the GIF picture was made by AI, because the Memecoin $STONKS released by the hacked account of Nasdaq at the same time fell by 90%, and the panic caused the price of $Vine to fall by only 3 million US dollars.
An hour later, as if to echo the style of Vine short videos, Rus released a 3-second video to prove that he was not AI. At the same time, addresses ending with waamGQ, MGVWa, qedvzf, etc., which distributed funds, bought a large number of tokens at this stage and occupied the top 30 holders. Most of them are still holding. Then Rus posted a Bullx board with the Vine logo and drew an upward arrow. After this Degen-style tweet on the chain was released, the token price rose all the way to a market value of around 50 million US dollars.
Two hours later, it announced that the tokens in the DEV wallet would be locked until 4:20 pm on April 20, and forwarded several comments on $Vine from top European and American Alpha Groups. Under the control of the professional team, coupled with the markets expectation that Musk would discuss Vine again and the double buff of Vines 12th anniversary, the market value soared all the way, breaking through the $400 million market value after sideways trading at a high level. Although the market is full of discussions that Rus is launching tokens closely following Musks popularity and there is no announcement of any benefit to the development of Vine, this is the core of Memecoin. When it changes from a cultural core to an application core, it changes from a memecoin to a coin, so the interests involved will not be discussed in this article.
How can the relics of the Web1.0 and Web2.0 era be resurrected in Web3.0?
Judging from the popularity generated by Vine, it will inevitably trigger a series of Internet companies that have withdrawn from the stage of history to use Crypto to bring back a wave of popularity. Whether they really want to be reborn or use attention finance to make a certain profit, there are opportunities for retail investors in the market.
The president or first lady may only have one chance in four years, but tech companies have countless opportunities. Taking Russ $Vine as an example, these companies will be more likely to participate in this game if they have several of these elements.
1. The company was a pioneer in a certain field or was and still is well-known in a certain region.
2. The company cannot be operating well now to avoid greater losses caused by subsequent legal troubles.
3. The company is related to Crypto, whether the founders are interested or investing or there is a subsequent acquisition team.
The author has compiled several projects that meet the above conditions:
Napster
Founded by Shawn Fanning and Sean Parker in 1999, before that, record companies had a close relationship with artists and controlled distribution and promotion. Users could only access new songs through record stores, record shops, TV/radio and other channels. Physical records had a higher profit margin, especially in the 1990s, when CD sales peaked. Napster used peer-to-peer technology (P2P) to allow users to directly share their MP3 files, forming a global music download network. It accumulated tens of millions of users in a short period of time. Because of its decentralized server model, record companies could not cut off the source, which had a profound impact on the traditional record industry. However, it was also ordered to close by the court in 2001 due to copyright lawsuits, but it affected the model of the entire music industry, as well as the subsequent thinking on digital music copyrights of iTunes and Spotify, which have legal copyrights.
After several acquisitions and transformations, the Napster brand was acquired by Hivemind Capital Partners and Algorand in 2022, and plans to launch the Napster Web3 Music Platform. It has announced that it will issue Napster Tokens but no tokens have been launched yet.
Napster Twitter: @Napster
Shawn Fanning Twitter: @ShawnFanning
Sean Parker Twitter: @sparker
Hivemind: @HivemindCap
AIgorand: @AlgoFoundation
Myspace
Founded by Tom Anderson and Chris DeWolfe, it was later sold to Specific Media, and Justin Timberlake also participated in its investment. Before the emergence of MySpace, the Internet social form was scattered, and most interactions took place in forums, instant messaging, and personal blogs. MySpace allows users to display personalized homepages on a large scale, interact with friends and networks, and contact a large number of music artists. If Napster was designed to allow users to listen to songs, then Myspace is designed to allow artists to better promote themselves and get closer to their fans. This also laid the foundation for user habits and technical models for later social media forms (Facebook, Instagram, Twitter, etc.).
The project currently has little to do with Crypto, but the author thinks that the founder Tom Anderson’s tweet “Buying The Dip” from three years ago with Tom’s laser eyes is very meme-like.
Tom Anderson : @myspacetom
Chris Dewolfe : @Chris_DeWolfe
Mark Cuban
Mark Cuban, the owner of the Mavericks and a well-known Silicon Valley investor, also expressed his willingness to launch MemeCoin in response to the launch of $Trump on X. The mechanism is basically the same, the only difference is that all the profits will be used to fill the US Treasury. The market is very excited about this approach. Compared with the possibility that $Trump may go into the pockets of individuals, players hope that it will be more transparent. Although it is highly likely that every businessman will not consider risks and benefits in his behavior, the narrative of memecoin is indeed worth looking forward to.
Mark Cuban: @mcuban
Netscape
Founded by Marc Andreessen and co-founder Jim Clark in 1994. The famous Netscape Navigator browser opened the era of commercial browsers. There is currently no Twitter account for Jim or NetScape.
Limeware
Like Naspter, it was launched in 2000 and is also a P2P file sharing software, commonly used to download music, videos, etc. It was forced to close around 2010 due to copyright and infringement disputes. In 2022, Austrian entrepreneurs Paul Julian Zehetmayr and others bought the LimeWire brand and announced their transformation into an NFT trading platform. Although there is already a platform token, it is not ruled out that the founder will release Memecoin.
Paul Zehetmayr: @pzehetmayr
Julian Zehetmayr: @julianzehetmayr
Yahoo!
Founded in 1994 by Jerry Yang and David Filo, Yahoo was a global leader in portal search, email, instant messaging and other areas. It was once the Internet traffic overlord. At that time, when the Chinese Internet was just beginning to sprout, Yahoo was almost known to everyone. After leaving Yahoo, Jerry Yang founded AME Cloud Ventures to invest in technology and start-up projects, including some projects in the encryption field.
Jerry Yang, David Filo: No X
AME Cloud Ventures official website : amecloudventures.com
AME Managing Director Jeff Chung @jefchung
In addition to the projects mentioned above, there are many other excellent products at that time that may participate in this movement, whether it is to bring the memory of the 00s back to this era, or just a new round of meme coin gameplay. The impact caused by Trump Coin is gradually spreading. When influencers become unscrupulous in issuing coins, I hope everyone will always stay calm and stay away from SCAM while following Alpha.
