fomo has already made over $80 million, and the product is indeed quite solid. Breaking it down, fomo efficiently combines several industry-proven modules like chain abstraction × fiat on-ramp × socialized trading behavior, all validated through PMF, into one cohesive product. ◦ Chain abstraction: Focused on 'One account, one balance, any chain.' Regular users don’t need to understand concepts like chains, cross-chain, or gas. Products like UniversalX have already made good progress in this area by 2024. ◦ Fiat on-ramp: Moonshot blew up in 2024, specializing in fiat on-ramp to directly buy meme coins, though it only supported the Solana chain. As an innovative product of its time, it was acquired by Jupiter within 7 months. fomo continues this functionality and supports all major public chain assets. ◦ Socialized trading behavior: The gmgn team’s previous product in 2022, NFTTrack, focused on tracking KOLs’ NFT trading activities, turning trading behavior into content. Although NFTs have cooled off, both NFTs and meme coins share a common trait: trading behavior is heavily influenced by the community and one’s social circle. The core demand for social-driven trading hasn’t changed. There’s also a small but interesting feature where users can attach a thesis to a trade and keep updating it. Even if their holdings remain unchanged, the market is always fluctuating, and the emotional shifts in holding positions are worth sharing. Trading and communication go hand in hand, and these theses effectively connect different traders, forming a meaningful space. This feature was also done by Xueqiu’s predecessor, 'i美股,' where users could continuously update their comments on a company when adding it to their watchlist. Many innovations don’t emerge entirely from scratch but are instead built on a deep understanding of demand, standing on the shoulders of predecessors, and evolving through combination.