He SOLD Venmo... Now He’s Made a Meme Coin

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What’s the Meta?

Decrypt

20 episodes

1 day ago

What’s the Meta? Welcome to the home of the most degenerate antics in crypto. We’ll be there when a kid live streams with his mom, when a dev sets himself on fire, and when there’s blood on the streets. Some weeks Decrypt Reporter Ryan S. Gladwin will interview key figures behind the craziest moments in crypto. While in other episodes Ryan will co-host with Decrypt Biz Dev Reza Jafery as they chat about the scene's current meta and what it means for the space.

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He SOLD Venmo... Now He’s Made a Meme Coin

What’s the Meta?

34 minutes 20 seconds

7 months ago

He SOLD Venmo... Now He’s Made a Meme Coin

Iqram Magdon-Ismail, co-founder of Venmo, is working on a new app called JellyJelly, a video chatting platform for podcasters. Ahead of the app's official release, he launched a meme coin for the project which soared to a $250 million market cap. But, he didn’t have a plan for how the app would use the token so it’s since fallen to just $5.5 million.

In this episode, we speak to CEO of Jelly Jelly, Iqram Magdon-Ismail, and investor Sam Lessin about why they decided to launch the token, how they can separate the product from crypto degeneracy, and if they have a plan for the token yet.