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Illustration for Own the Memes of Production

Own the Memes of Production

Alex Adelman@alexadelman

−10.6%

since Sep 30

Practice

The idea

I believe internet culture is turning into property, and the most iconic memes will end up as scarce digital assets people pay to own. I express this through the coins themselves at over half the basket, split across doge, bitcoin, and ether exposure since pepe and CryptoPunks live and trade on these rails, plus equal-weighted positions in the exchanges acting as toll booths and a leveraged treasury holder. I keep some cash on the side since seven concentrated bets on one theme swing hard together, and I'd rethink this if meme assets stopped attracting real cultural or monetary weight.

What it owns

  • · , , , 54%
  • · , 26%
  • · 8%
  • Cash12%