Memecoins were a key point of discussion during #TOKEN2049 💬

Andrei Grachev, Managing Partner of DWF Labs, spoke during the panel "Memecoins: Fleeting Trend or Crypto Evolution?" alongside Sandra Leow, Murad Mahmudov, Ansem, and Mike Dudas. Check out some takeaways below 👇


1️⃣ Andrei shared that memecoins are a key user acquisition tool not just for L1 and L2 chains, but for the crypto industry overall.

2️⃣ Users are attracted to memecoins for entertainment, and memecoins are a catalyst for onboarding new users into crypto.

3️⃣ Andrei shared that from an investor's perspective, memecoins give fast feedback on whether an investment is successful.

4️⃣ As there are millions of memecoins being launched, memecoins need to have a compelling narrative and a proper project structure to be successful.

5️⃣ He shared that teams with good narratives and a strong community of users and influencers can outperform VC coins on the market in the long run.

Check out the panel recording here.

#DWFLabsxTOKEN2049

During Algorand Royale hosted by Algorand Foundation, Alessia Baumgartner — Business Partner of Ecosystems at DWF Labs — spoke during the panel "How to Survive & Thrive as a Web3 Company?" 🔥

Alessia discussed key strategies with Benedetto Biondi, Michael Cotton, and Marc Bernier. Read some key points below 👇

1️⃣ Alessia shared that projects should be strategic about whether they need a token, and focus on adding as much utility as possible for higher token demand.

2️⃣ Whether to aim for increasing profitability or acquiring market share depends on the stage of the project.

3️⃣ She recommended that early-stage projects (pre-seed, seed round, or pre-TGE) aim for increasing market share.

4️⃣ Market share can be increased by first doing thorough research — understanding competitors' partnerships and which chains they are building on, as well as competitors' narratives.

5️⃣ Later-stage projects (post-TGE) can aim more for profitability, and goals will change depending on project stage.

#DWFLabsxTOKEN2049

During the Blockchain Life panel "The Unicorn Journey: Insights from Top Venture Capitalists", DWF Labs' Managing Partner Andrei Grachev discussed memecoins, gaming, and more. Key insights below 👇

1️⃣ Andrei shared that we are bullish on TON, as one of TON's main competitive advantages is its potential to onboard millions of users into crypto through Telegram's community.

2️⃣ Memecoins are a crucial tool for chains, bringing new users and fresh ideas onboard.
DeFi and RWA projects follow, as do VCs.

3️⃣ Andrei noted that gaming is an important part of the crypto space. Games which bring real value, such as in-game item purchases and marketing traffic, are noteworthy.

4️⃣ Looking toward the future, Andrei shared that institutionalisation in crypto will be a major part of the industry.

Special thank you to Blockchain Life for having us on this panel, and Yat Siu, Danilo Carlucci, Edward Chen, Alex Scott, and Charis Campbell for the insightful discussion 🤝

Want more? Check out the livestream recap here.