A16z crypto CTO slams memecoins, say they paint ‘risky casino’ narrative

a16z crypto’s CTO, Eddy Lazzarin, warns that memecoins are reshaping perceptions of the market, likening their resemblance to a risky casino. Memecoins are more akin to a “risky casino” than to a useful product, as they badly affect the crypto market by making a series of “false promises,” according to a16z crypto’s CTO, Eddy Lazzarin, who shared his thoughts...