I have an old friend who has suddenly become mysterious lately. I usually like to chat about market trends, but these days I only say one sentence every day: 'I'm incubating memes.'. ” I thought he was going to pursue that kind of pure emotions again, but one day he smiled and said: This time is different, the meme I made has cash flow. ” I was surprised and said, 'What new species are you working on?' He said, '@ bitdealernet, every meme coin on it comes with asset endorsement and can continue to divert liquidity.'. ” After listening, all I want to say is that someone in the cryptocurrency industry is finally taking memes seriously. 1、 Core logic: Meme+asset endorsement+perpetual liquidity Dual liquidity pool+permanent lock up The raised funds will be split into at least two pools according to the design, one linked to RWA/SOL collateral assets and the other linked to BIT. More importantly, once these LPs are established, they will be permanently locked in, closing off the backdoor of "draining the pool and running away" from the system. Asset endorsement and cash flow mapping The net proceeds generated from the launch of the game or project will be partially or fully used to repurchase the corresponding RWA tokens, rather than directly transferring money to BIT holders. This way, BIT is the ecological control/incentive layer, while "asset+discount" falls on RWA tokens and game revenue providers. This design allows Meme to not float without roots, but to breathe within the asset system. Clear utility+boundary definition The white paper clearly states that BIT is a utility token that does not participate in iGaming profit dividends and is not equivalent to equity. It is used for governance, fee payment, incentive distribution, and access to specific ecological functions. This definition is extremely important because it delineates the boundary between "narrative" and "fulfillment". Content incentives+community driven The project chooses to join the Kaito ecosystem, making creators/Yappers important nodes in the system: if you write about trends and create valuable content, you can receive ecological rewards. This transforms' writing articles' from a hobby to a true 'value oriented behavior'. 2、 Latest action+signal Signs of the launch of the gaming sector are emerging: @ bitdealernet has revealed in advance some plans for iGame/RWA integration, emphasizing that "equity endorsement projects are about to debut", indicating that the landing is accelerating. Strengthening the social reward mechanism: On the Kaito/Yaps platform, the project team has increased the promotion of creator ratings/rewards, emphasizing the core foundation of "whoever creates value gets the token". Mechanism continues to be refined: The team has repeatedly mentioned in the white paper that "we will continuously iterate the reward model and lock in rhythm", indicating that they are not satisfied with a one-time setting, but value adjustability. 3、 The judgment of the siege lion+the key points I am focusing on 1. Bitdealer has the potential to become the underlying infrastructure of Meme If it successfully builds this "asset+meme+incentive" triangle structure, then other meme projects can directly run on it in the future. Just like today's ERC-20 running on Ethereum, it may be a backbone chain in the Meme world. 2. The redemption mechanism is the core test Design can be said loudly, execution is the hard work. The amount, pace, and actual traffic of revenue repurchases after the game goes online are the key to verifying whether this project is not virtual or floating. I am particularly optimistic about three measurement indicators: repurchase frequency, repurchase amount/proportion, and player payment/activity. 3. Content recognition ability determines ecological quality Incorporating writing/community behavior into the incentive system is a major trend, but identifying the "true value" of creators is much more difficult than brushing volume. Siege Lion believes that in the early stages, content creators with depth, insights, and connections will be given more voice by algorithms/communities. 4. The release/unlock rhythm should be closely monitored Although LP is permanently locked, the nominal circulation of BIT will be affected by release/airdrop. If the release pace is too fast, there is still a risk of impact. What I want to monitor include: unlocking tables, unlocking announcements, and the position flow of teams/consultants/early users. 5. Community consensus and secondary identity recognition Whether the Meme project can ultimately be self consistent in the community is crucial. BIT cannot be just a token, it must be able to carry community identity, identity tags, and value expression. I will repeatedly ask if there is any culture, story, or label attached. Conclusion BitdealerNet currently looks like an ambitious structural experiment. It is not satisfied with just shouting memes and posting memes, but hopes to give memes "legs" to run, "blood" to flow, and "skeleton" to support. The siege lion believes that if the Meme route still has the opportunity to reshape the landscape in 2025, it may be one of the keys. But to go from being "favored" to "verified", one has to go through wave after wave of tests. The next 2-3 months will be a crucial period of evolution. I will continue to track data, game launches, repurchase status, and whether the content incentive mechanism has been implemented with real names.