{"data":{"proposalCid":"Qme3jkfQh7crdiS96mFdiXrPBd3bNPwNPZtnZXDhrMqogi","content":"Hi, while the INTENTION is GOOD, the current approach to MEMECOINS is MISSING THE MARK. Memecoins succeeded on chains like SOLANA because THOUSANDS and THOUSANDS were launched until a few gained ORGANIC TRACTION. FUNDING them directly does NOT WORK — the CATASTROPHIC FAILURE of $DED, backed by $1 MILLION from POLKADOT’S TREASURY, proves it. \n\nWhy do we believe that REPEATING THE SAME MISTAKE will lead to DIFFERENT RESULTS?","contentType":"markdown","commenterNetwork":"acala","version":"2","timestamp":1743405434},"address":"22n4ApSVwL8vkJWaHGW77hB569B6heV19BFC8M4bUJurQTB2","signature":"0x7e1ddff2c0e2f2b665b6a5b476ef75cad5744348426c3ae41ce1baeef08fab63a865de98f95bd9f8d1f110496d66403e72dfc1c9d92c78481ad3657263444f8e","version":"2"}