Solana Co-Founder Calls Meme Cash And NFTs “Digital Slop”

Solana co-founder Anatoly Yakovenko denounced meme cash and non-fungible tokens (NFTs) as “digital slop.”

“Memecoins and NFTs are digital slop and haven’t any intrinsic worth,” Yakovenko wrote on X, likening them to loot packing containers in free-to-play cell video games. ”I’ve stated this for years.”

The feedback triggered uproar within the crypto neighborhood, with critics highlighting Solana’s reliance on meme coin and NFT exercise to drive visitors, charges, and person engagement.

Crypto Leaders Debate Intrinsic Worth Of Meme Cash And NFTs

His submit got here throughout a heated debate with Jesse Pollak, creator of the Base layer-2 community, in regards to the belongings’ precise price.

Yakovenko argued that meme cash and NFTs solely acquire worth by means of hypothesis, whereas Pollak pushed again, saying their artistic content material holds worth by itself, similar to artwork in a museum.

“The content material itself is effective. similar to a portray is essentially helpful, no matter whether or not you cost folks on the museum to see it,” he stated.

Yakavenko did, nevertheless, acknowledge that with out meme cash and NFTs, the SOL ecosystem wouldn’t be the place it’s right now. 

the content material itself is effective. adverts are a strategy to monetize that worth. however the content material itself is effective. similar to a portray is essentially helpful, no matter whether or not you cost folks on the museum to see it.

— jesse.base.eth (@jessepollak) July 27, 2025

Yakovenko Criticized For Meme Coin Stance

With Pump.enjoyable, one of many main meme coin launchpads, on the Solana blockchain, Yakovenko’s feedback about meme cash’ and NFTs’ drew a lot criticism.

“Mock your customers AND submit a horrible take,” stated one person on X in response. 

“I’m not an enormous fan of how Vitalik dealt with memecoins (nuking them in 1 clip anytime somebody despatched them to his pockets) however I discover Toly’s method way more distasteful, actively selling them always whereas believing they’re nugatory,” wrote one other person.

Yakovenko’s newest reiteration of his meme coin stance comes after Burwick Legislation, on behalf of a variety of plaintiffs, filed a lawsuit in opposition to Pump.enjoyable, Yakavenko and different Solana ecosystem companions for allegedly working an unlicensed meme coin on line casino.

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