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Home News a16z sees AI, gaming and NFTs as major trends for 2024: Positive for Memeinator?

a16z sees AI, gaming and NFTs as major trends for 2024: Positive for Memeinator?

Benson Toti
Benson Toti
Benson Toti
Author:
Benson Toti
Reporter
Benson reports news and analyzes markets for BanklessTimes, interviewing key figures. An investor since 2008, he joined the crypto wave in 2017, contributing to The Coin Habit, CoinJournal, Bitcoin Insider, and TechinAfrica.
December 7th, 2023
  • a16z highlights the big trends for 2024 as AI, crypto, gaming and NFTs
  • Memeinator will offer an engaging action game with play to earn rewards and exclusive NFTs stand out.
  • The project is currently in presale, with MMTR priced at $0.014.

As the year draws to a close, analysts and experts are taking time to highlight what could be the biggest trends in the market over the next year or so. For venture capital firm Andreessen Horowitz (a16z), artificial intelligence (AI), crypto gaming and modular technology stand out as potentially the defining trends for 2024.

With crypto sentiment turning bullish and the AI narrative taking root, what does a16z’s list of “big ideas” mean for investors? Could Memeinator be one of the projects to watch in 2024?

Let’s sample some of the trends on the company’s forecast list.

What are a16z’s trends to watch in 2024?

According to a16z and its partners, there are multiple trends across fintech, bio, consumer tech, crypto, gaming and infrastructure that investors could be excited about going into 2024. When looking at what its crypto partners are enthusiastic about, the venture capital firm points to the following:

Crypto will see a “new era of decentralisation”, with projects and DAOs adopting best practices governance models. The ecosystem is also poised for a rest of the user experience, with added security as the industry matures. There’s also going to be a resurgence of the NFT market, with digital collectibles becoming “ubiquitous brand assets”.

But the biggest trends could be AI + blockchain as the world moves towards democratisation of AI innovation. As the need to make AI work for the good of humanity pushes the conversation, blockchain technology could offer a path forward.

Then there’s the gaming ecosystem, which a16z says could see a major shift as play-to-earn (P2E) transitions to play and earn. This is set to happen as P2E evolves beyond the growing pains that have characterised its growth.

AI, crypto and gaming – Is there potential with Memeinator?

Taken as a whole, the outlook by Andreessen Horowitz’s crypto arm could prove a gem for savvy investors. Notably, as governments push for blockchain adoption, opportunities could be in crypto. Also ranked higher are gaming and AI. Bitcoin (BTC) in crypto and AI plays across the stock market are likely to lead this charge.

Projects leveraging blockchain technology and AI, like Memeinator (MMTR), could prove more attractive.

What is the Memeintor?

First of all, the Memeinator (MMTR) is a meme cryptocurrency, and it’s likely to get dismissed by many as similar to many of the meme coins littering the crypto space.

While this might be the case, it’s worth noting that this project distinguishes itself from the many copycats by offering real utility. It’s not built for speculation and mere humour, but seeks to leverage blockchain technology and AI to redefine the meme coin world.

Apart from combining AI and blockchain, the Memeinator will offer a gaming ecosystem, NFTs and token staking – aspects set to add real utility to the project. These are available on top of the project utilising the inspiration from the 1990s film franchise Terminator to drive community enthusiasm as it restores meme culture.

As such, genuine utility with AI and gamification promises to set it apart from all the week, replica tokens riding the hype around top dog-themed or frog inspired tokens.

Is Memeinator (MMTR) trading today?

With over 62.5% of the total supply available to early birds, Memeinator could become one of the strongest community-driven projects.

Buying the MMTR token at current prices of $0.014 could turn out as a huge bargain when the token launches on major exchanges in Q1, 2024. The presale price will rise to $0.049, promising gains before the tokens begin to trade.

Also, MMTR staking is open, which means holders can buy and lock their tokens for a chance to earn staking rewards.

While the Memeinator is yet to launch, the community can participate by joining the official presale.

Contributors

Benson Toti
Reporter
Benson reports news and analyzes markets for BanklessTimes, interviewing key figures. An investor since 2008, he joined the crypto wave in 2017, contributing to The Coin Habit, CoinJournal, Bitcoin Insider, and TechinAfrica.