Jupiter: UGM is still in its infancy
Together, Jupiter co-creator Meow and YouTube co-founder Steve Chen discuss the key ideas of user-generated content (UGC) and user-generated currency (UGM). As co-founder of Youtube, Steve Chen is one of the leading pioneers of user-generated content and has been instrumental in creating the world as we know it. Meow recently floated the idea of all things cryptocurrency, including Bitcoin and favourite Memecoin which can basically be understood as user-generated money, in contrast to fiat money, which is clearly government-generated, the two movements have a huge overlap in terms of development, progress, and how to thoroughly empower the masses compared to previous models of centralized content and money. Just as the widespread adoption of UGC revolutionized the way the modern world works, thinks, and behaves, it is believed that UGM will eventually be able to do the same, even if it is still in its infancy.