Listened to the $BUMP space – Wanted to share a few thoughts: On token utility: Speculators want to bet on the success of the startup. They don’t want: 1) A memecoin uncorrelated with the company 2) Dilution from weird “post-to-earn” mechanics To achieve this, simply accumulate $BUMP with business revenue as soon as you are profitable and keep it on your balance sheet (don't burn). Become the $MSTR of your own currency. Crypto-native projects using this model: $HYPE, $RAY This could become a modern VC alternative — bootstrapping via trading fees and cycling the upside back to tokenholders. ___ On capturing trader-native behavior: We value privacy. Most of us prefer to stay anonymous — especially after publicly flexing 8 figures. Stories of kidnappings and physical threats are ever present. So when you talk about “taking crypto kids out to the club,” keep in mind: Yes, we want real connections — but it has to happen on our terms. If you can solve for that, you’ll scratch a very real itch. Also: we love the profile images. Maybe a solution would be to use them instead of selfies? ___ - for reference @MilesFeldstein