A man and his S.C.A.M.: Solo dev ‘Dreesus’ on making a memecoin legit
June 11, 2021. Summarized by summa-bot.
Compression ratio: 17%. 1 min read.
A memcoin has taken on a life of its own, and now a solo developer is trying to build an educational platform around it.
Launched in early May at the peak of the memecoin bubble, SCAM was part experiment — Dreesus had never launched a token before — and part an effort to make fun of other, overhyped shitcoin.
“There’s so much that’s bigger than me right now… people put money in this, so now I have to make this something useful,” Dreesus told Cointelegraph in an interview in Miami.
I’m going to make something that’s useful for this world, and they’re going to be talking about my coin.
They went to school ten, twenty years, did all this finance and law stuff, worked their way up from coffee boy — and they have to talk about my project,” he cackles.
His point in education isn’t to make people think they can all win — in fact, he thinks most people are going to lose.