On September 17th, Andrei Grachev, Managing Partner of DWF Labs, spoke at the "Memes and NFTs Have Dreams Too" roundtable during the first major offline event for the Farcaster ecosystem in Asia, FarCon Asia. He stated:

"Those projects that look very good and promising. I think there is about a 95% chance that they will launch a new token. When you invest in normal projects, you need to wait (for them to issue tokens), maybe months, even years. But with meme coins, you get feedback almost instantly. Meme coins are a cultural structure that resonates with people. If we are talking about successful culture, people should understand this.

Who is backing the project, and how can you leverage all the resources you have to make it successful. I believe this is where we need to focus. I think meme coins are a perfect example where you need a community, you need traders, you need to be able to inject liquidity, you need to build relationships with trading platforms, you need to be creative enough to create something people will love."