May 1, 2025

On May 1, 2025, Ray Chan, Chairman and CEO of MemeStrategy (Stock Code:2440), shared his insights at the Binance Clubhouse panel titled "Building a Culture Economy" during Token 2049, a premier blockchain and cryptocurrency conference held in Dubai. Joined by Adrian Baschuk, Founding Partner of EPIC, and Sam Seo, Chairman of Kaia DLT Foundation, with Binance CMO Rachel Conlan moderating, Ray explored how community building, content creation, and the integration of Web2 and Web3 ecosystems can foster a thriving culture economy in the rapidly evolving Web3 landscape.
Building a lasting legacy in the meme space starts with working alongside authentic creators who prioritize meaningful, high-quality content over chasing short-term token price surges. Take András Arató, known as Hide the Pain Harold, for example. Now 80 years old, he’s the longest-living meme character—a real person you can meet in person. His $PAIN token isn’t just about monetary value; it’s a way to extend his iconic meme legacy, spreading awareness of the emotions he represents, from memes to meme coins. These creators focus on long-term vision, which is critical in Web3, where new narratives emerge every two weeks, demanding adaptability to stay relevant.
Ray Chan, Chairman and CEO of MemeStrategy shared at the event.