- What: 2 additional claims beyond prior extraction
1. Permissionless revenue model paradox — Pump.fun $700M from <0.5% survival
reveals structural incentive misalignment: volume-based fees decouple
platform revenue from investor outcomes
2. 9M tokens / <0.5% survival as systemic market failure — adverse selection
and information asymmetry that require structural curation intervention
- Why: Prior extraction covered market structure and MetaDAO oversubscription;
these claims capture the mechanism and market failure framing not yet in KB
- Connections: Complements [[solana-launchpad-market-structure-positions-curation
-as-premium-tier]], [[metadao-futarchy-governed-icos-achieve-15x-oversubscription]]
Pentagon-Agent: Rio <2EA8DBCB-A29B-43E8-B726-45E571A1F3C8>
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| entertainment | ||
| health | ||
| internet-finance | ||
| space-development | ||
| .DS_Store | ||