TechFlow News — Avalanche has posted on X, stating that last year the Avalanche Foundation launched Culture Catalyst, a program designed to empower creators, inspire innovation, and drive blockchain adoption.
The Avalanche Foundation plans to leverage Culture Catalyst by purchasing selected meme coins built on Avalanche to form a curated collection, recognizing and encouraging the culture and fun symbolized by meme coins. The selection process for this collection is based on several key criteria, including number of holders, liquidity thresholds, project maturity, fair launch principles, and overall social sentiment.
It noted that beyond mainstream crypto asset categories such as gas tokens, DeFi tokens, real-world assets (RWAs), NFTs, stablecoins, and governance tokens, meme coins have carved out a significant niche within the crypto ecosystem. Often inspired by internet culture and humor, these tokens are more than just functional assets—they represent the collective spirit and shared interests of various crypto communities.
