Meme coin platform launches investment fund, driven by the real demand in this market

YieldWhisperer · 2026-01-20T06:41:26+00:00

The meme coin platform has established an independent investment department, launched a $3 million hackathon, and plans to invest $10 million to support 12 projects, reflecting the market's growing demand for technical talent. The platform seeks new opportunities within the Web3 ecosystem through investments and incubation, emphasizing that a good team and innovation are the keys.

YieldWhisperer

2026-01-20 06:41:26

Abstract generation in progress

【Crypto World】The once-star platform in the meme coin track has recently made a big move—establishing an independent investment department. This actually reflects the overall market changes.

Last January, meme coin trading volume peaked at $11.75 billion, but then started to decline. Platforms need to find new growth points, which led to this shift in investment strategy. This is not just a simple strategic adjustment but a genuine response to market demand.

What exactly did they do? They simultaneously launched a $3 million hackathon, planning to invest $10 million, with each project receiving $250,000, supporting a total of 12 projects. The interesting part is—there are no industry barriers or project maturity requirements. The founder emphasized that what the market needs most are people who understand technology and have execution capability; funding is actually not the biggest bottleneck.

This market-driven financing model actually reveals the truth of the industry: good ideas and strong teams are more valuable than the size of funding. During the rise and cooling off of meme coins, the platform made a smart choice—not to stick rigidly to one track, but to use a combination of investment, incubation, and mentorship to explore entrepreneurial opportunities across the entire Web3 ecosystem.

Hackathons combined with funds are becoming increasingly common in Web3. Essentially, it’s about asking: where will the next wave of innovation come from? The answer is often not in places everyone can see.

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ShitcoinConnoisseur

· 9h ago

11.75 billion peak has all fallen back, now is the real time to play Talent is more important than money, this is no lie, just worried it’s another guise to cut leeks Each project has a 250,000 limit, what can this amount really do? It depends on how the team uses it The track has shifted from burning money to burning brains, the industry still has hope

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WhaleShadow

· 9h ago

It's another round of fundraising and hackathon. Basically, it's about finding a way out as trading volume declines. Talent is indeed valuable, but can $250,000 really create something meaningful? It all feels a bit uncertain. The meme coin track is getting a bit too competitive now. I want to see who can really do something different. The fundraising model is well explained, but the key is still execution. A bunch of bad projects getting money is just a waste. $11.75 billion so far. Tsk... where is the glory of the past? Not setting a threshold sounds good, but it's actually just casting a wide net and hoping for luck. Anyway, there's no better way. It's true that a team is more important than money, but in this market, having a team without funds still can't make it work. Good projects don't need this $25,000 anymore. Is this a bargain or a rip-off? I can't quite figure it out. Meme coin investment fund... sounds like it's a gamble.

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ColdWalletGuardian

· 9h ago

It's both fundraising and a fund. To put it simply, when trading volume isn't enough, you have to find new ways to stay active.

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GasFeeCrybaby

· 9h ago

Huh? Once again, the phrase "talent is more valuable than money" sounds so familiar. Wait, only 250,000 per project to get support? How desperate do you have to be to do this? It's really just about cutting people when trading volume drops, don't romanticize it.

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DataPickledFish