Premises

Data transparency could use an upgrade.

We have arrived at a point in the blockchain adoption curve where powerful web3 natives are taking advantage of incoming traders and the market conditions 1,2. This demands clearer visibility into the power distribution of any L2 token, opposing the normalization of deception in web3. What we propose is a trading companion, a panel of real-time data, that gives traders increased confidence to buy into or reject a token project based on the level of deception that its holders used to obtain it.

For better or worse, memecoins will introduce retail to crypto.

Check r/Solana and see how many new traders post about about getting “scammed." Last year proved that mindshare is on memes, the category that saw the largest increase in proportional volume and marketcap 3,4. Solana claims lion share of volume 5 with leaders $WIF and $BONK (we'll set aside that quick $TRUMP pump) while Base legends $SKI and $BRETT are onboarding wider audiences. But more compelling are the projects like $PNUT, $GOAT, and $CHILLGUY that have shown how the category consistently breaches mainstream awareness 6,7,8, and expands the social playbooks of $DOGE and $PEPE. Memes have so much steam that industry leaders are acknowledging their potential to lead retail to crypto 9. Let's work so that this trend of high-profile launch failures does not become the expectation for retail traders just learning about crypto 10.

The market is signaling a shift in perspective.

We can learn a lot by listening to this hype cycle. Right now, Presidents are being investigated, KOLs are burning at the stake, and trading volume is moving accordingly 11, 12, 13. Have we seen this drama play out before in web3? Better question - how would the market recover if these current events occurred a few years ago? We can bet that new platforms, new players, and new projects will rise to challenge collective behaviors, catapulting the market into a new expanded territory 14.