Meme economy, as the name suggests is a satirical approach to financial languages, where memes are addressed in the form of commodities and assets with price fluctuations. There are a plethora of such spin-off ventures which are created with the advent of sub-Reddit /r/memeEconomy ack in 2016.
The /r/memeEconomy is a subreddit that is completely dedicated to memes. These memes are portrayed in the form of potential investment opportunities, allowing members to invest and vote to make a meme the top performer on the platform.
Now the biggest question arises, are meme cultures likely to generate revenue? The answer is a big NO. While investors can earn via investing in memecoins, the meme economy only comprises dank memes for users to enjoy.