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Applied research in the attention economy

Welcome to the World of Kekonomics

Enter a world where memes are currency, humor drives markets, and chaos shapes value. Explore the absurdity, decode the language, and embrace the unpredictable. Welcome to the economy of the future. Where nothing makes sense, yet everything clicks.

Exhibit 1 · Kek Composite Index
REAL DATAMeasured live from every public post on Bluesky.i
420.69 +0.00% CONNECTING · … LOL/MIN
−15 min−10−5now
UNDERLYING TRANSACTIONSlatest laughing posts
Waiting for someone to laugh…
EXHIBIT 2 · THE MODEL

The Kek conversion cycle

V = (A × I) / F Value equals Attention times Irony, divided by Fundamentals. As F approaches zero, V is left as an exercise for the market.
still from American Psycho (2000), horizontal
Grid of Patrick Bateman edits: “literally me”, sigma and morning-routine videos
Bateman merchandise, a business-card replica or a grindset course ad
a brand or influencer restaging the morning routine

FIG. 2 · CIRCULATIONTwo decades later the character returns as “literally me”: sigma edits and morning-routine reels, watched millions of times by viewers who took him at his word.

SETTLEMENT · WHO PAID

American Psycho was written as a satire of status, grooming and empty ambition. Online, Patrick Bateman was reread as a model: the morning routine, the business card, the discipline. The irony fell away in circulation, and what remained was a template that could be sold.

He became one figure in a wider ecosystem known as the manosphere: sigma male and grindset content, pickup coaching, looksmaxxing, crypto and trading courses. The products differ, the promise is the same. Status is scarce, women are a market, and the right regime will make you competitive. Andrew Tate’s Hustler’s University, at $49.99 a month, claimed some 168,000 enrolled members by October 2022; until that August, members earned commission for recruiting others, largely by spreading his clips.

The costs are paid in several currencies. In money, through subscriptions, courses and coaching. In the body, as looksmaxxing moves from diets and skincare to steroid use, “bonesmashing” and cosmetic surgery. And socially: in a 2023 Hope not Hate poll, 45% of men aged 16 to 24 viewed Tate positively. At the far end of the ecosystem, Tate and his brother are held in Miami, contesting extradition to the UK on charges including rape and human trafficking; in Romania they are indicted for trafficking a minor. They deny all charges.

Figures as reported at the time. Losses and gains are approximate and, by nature, unevenly recorded.

A · ATTENTION FLOW…public posts per second, live
I · IRONY SPREAD…laughing posts, basis points
F · FUNDAMENTALS0.00not material to pricing
V · VALUE∞model output, unaudited
THESIS

The joke is the infrastructure.

Kekonomics is a satirical economic model for the age of memes, platforms and permanent attention capture. It explores how humor, absurdity and internet culture are transformed into visibility, engagement and economic value.

Online, a joke is rarely just a joke. A meme, screenshot, phrase or deliberately stupid image can circulate through communities, gather meaning, provoke conflict, become merchandise, shape identity and feed the metrics of the platforms that host it. Kekonomics examines this conversion process: attention becomes data, data becomes capital, and capital returns as more content.

At the centre of this framework is Kek: a term rooted in online meme culture and popularized through spaces such as 4chan. Within Kekonomics, Kek functions as a symbol of ironic creation, collective digital behaviour and unstable cultural value. Memes and digital artifacts are treated as economic assets because they capture attention, mutate rapidly and generate meaning precisely through repetition, distortion and misuse.

Kekonomics exposes the tension between the chaotic energy of online humor and the structural forces of the digital attention economy. It asks what happens when absurdity is no longer outside capitalism, but one of its most efficient engines.

EXHIBIT 3 · THE MODEL IN THE WILD

The Register

Full register →

The meme is not only made by anonymous users. A chainsaw on a conference stage, a car sent into orbit or a phrase like “alternative facts” runs the same cycle, starting at the top. The register records memetic acts alongside memecoins: jokes issued directly as tradable assets.

ACT · PROP2025 The Chainsaw Mass dismissals of civil servants converted into one endlessly reposted image. $DOGE2013 Dogecoin Launched as a parody of crypto speculation. Became the asset it was parodying. ACT · PHRASE2017 “Alternative Facts” Two words that became shorthand for an era. Orwell’s 1984 sales rose sharply. $TRUMP2025 Official Trump Issued days before an inauguration. Top holders were offered dinner.

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Glossary Decode the language of Kekonomics. From Attention Arbitrage to Wojak — every term explained. Explore terms → Research Working papers on the meme economy. Peer-reviewed by peers. View papers → About Discover the satirical framework where memes meet markets and chaos becomes capital. Learn more →