Solana co-founder blasts memecoins and NFTs as 'digital slop'

Solana co-founder Anatoly Yakovenko criticized memecoins and non-fungible tokens (NFTs) as “digital slop” with no inherent value, comparing them to loot boxes used in free-to-play mobile games, according to Cointelegraph. He acknowledged that memecoins have significantly contributed to Solana’s growth, but argued that, similarly, Apple’s revenue would be much smaller without such mechanics.