GMoney compares the Pumpfun vs. FOMO battle to Courtyard vs. Collector Crypt, and says token liquidity could be the ultimate differentiator in Web3.
Without a token, ownership stays locked within the VC cap table. With one, anyone on-chain can take a position.
“FOMO vs. Pump reminds me a little bit of Courtyard vs. Collector Crypt.”
“They’re still going to be winners because they have a liquid token.”
“Courtyard has no token, Collector Crypt has a token.”
“I fortunately was a seed investor in Courtyard, so I have a horse in this race.”
“Anybody on-chain can express that position... on FOMO, if you’re not an investor on the cap table, you can’t.”