fomo co-founder Paul says they hate copy trading, and everything on fomo is built to hold longer "We hate the idea of copy trading, and we've never built that. The whole point of fomo is that you get full information, and then you can learn by doing. You could follow people, take an educated guess, and figure out how to become better at predicting trends." "Everything built on fomo is built to hold longer. Think of the concept of a thesis, a long-term thesis. We reward people for holding longer, for putting theses out. We have average hold time as a stat. Whereas if you're tied to a launchpad, your incentive is to create coins as fast as possible, because that's how you earn money." "Before we had the launchpad game, you saw Harambe. Say someone was trying to convince me to buy Harambe coin sitting at 200 million. He's like, I'm going to hold this thing for four years, because that thing could sit at a few hundred million and go to a billion market cap. There were so few memecoins, you needed deployer teams." "This is why I'm so confident in the translation of this to longer hold social graphs, such as equities and other types of products, whether it's perpetuals on a real world asset. Everything built on fomo is built to incentivize people to actually have real theses, hold longer, and separate signal from noise."