I have an old friend who has suddenly become mysterious recently. I usually like to chat about the market, but these days I only say one thing every day: "I'm incubating memes." I thought he was just going for that purely emotional spin again, but one day he smiled and said: "This time it's different. The memes I make have cash flow." I was surprised and said, "What kind of new species are you working on?" He said: "@bitdealernet, each meme coin on it is backed by assets and can continuously distribute liquidity." After listening to it, I just want to say one thing - finally someone in the crypto is taking memes seriously. 1. Core Logic: Meme + Asset Backing + Perpetual Liquidity 🔹Dual Liquidity Pools + Perpetual Lockup Funds raised are designed to be split into at least two pools: one pegged to RWA/SOL collateral, and the other to $BIT. More importantly, once established, these LPs are permanently locked in, institutionally closing the backdoor to "pool withdrawal and absconding." 🔹 Asset Endorsement and Cash Flow Mapping: Net revenue generated by the launch of a game or project will be partially or entirely used to repurchase the corresponding RWA tokens, rather than directly disbursing cash to $BIT holders. In this way, $BIT serves as the ecosystem control/incentive layer, while the "asset + discount" benefits fall to the RWA tokens and game beneficiaries. This design ensures that the meme is not floating without roots, but rather can breathe within the asset system. 🔹Clear Utility + Defined Boundaries: The white paper clearly states that $BIT is a utility token. It does not participate in iGaming profit dividends and is not equivalent to equity. It is used for governance, fee payments, incentive distribution, and access to specific ecosystem functions. This definition is extremely important because it delineates the boundary between "narrative" and "realization." 🔹Content Incentive + Community-Driven Projects choose to join the Kaito ecosystem, making creators/Yappers also important nodes in the system: if you write about trends and create valuable content, you will receive ecosystem rewards. This transforms "writing" from a hobby into a true "value-oriented behavior." 2. Latest Actions + Signals: Signs of the launch of the gaming sector are emerging: @bitdealernet revealed some iGame/RWA docking plans in advance, emphasizing that "equity-endorsed projects are about to debut," indicating that implementation is accelerating. Strengthening the social reward mechanism: On the Kaito/Yaps platform, the project team has increased the publicity of creator ratings/rewards, emphasizing the core foundation of "whoever creates value gets the token." The mechanism continues to be refined: The team mentioned several times in the white paper that "we will continue to iterate the reward model and lock-up rhythm", indicating that they are not satisfied with a one-time setting, but value adjustability. 3. Siege Lion's Judgment + Key Points I Focus on 1.Bitdealer has the potential to become the underlying infrastructure for memes. If it successfully establishes this "asset + meme + incentive" triangle structure, other meme projects could run directly on it in the future. Just like ERC-20 runs on Ethereum today, it could become a backbone chain for the meme world. 2. The cash-out mechanism is the core test. Design can be well-reasoned, but execution is the real work. The amount of revenue, the pace, and actual traffic of post-launch buybacks are key to verifying the project's real value. I am particularly optimistic about three measurement indicators: repurchase frequency, repurchase amount/ratio, and player payment/active number. 3. The ability to identify content determines the quality of the ecosystem. Incorporating writing/community behavior into the incentive system is a major trend, but identifying the "real value" of creators is much more difficult than inflating the volume. The siege lion believes that in the early stages, content creators with depth, insights, and connectivity will be given more say by algorithms/communities. 4. Keep a close eye on the release/unlock cadence. Although LPs are permanently locked up, the nominal circulating supply of $BIT will be affected by releases/airdrops. If the release cadence is too rapid, there is still a risk of impact. What I need to monitor include: unlocking tables, unlocking announcements, and the holdings of the team/advisors/early users. 5. Community Consensus and Secondary Identity Whether a meme project can ultimately be self-consistent within the community is crucial. $BIT cannot simply be a token; it must carry community recognition, identity, and express values. Whether it embodies culture, stories, and labels is something I will repeatedly question. Conclusion BitdealerNet currently looks like an ambitious structural experiment. It's not just about creating memes, but rather about giving memes the power to run, the blood to flow, and the support to sustain. I believe that if the meme trend has a chance to reshape the landscape in 2025, it could be one of the keys. However, to go from being "promising" to being "proven," it still has to go through wave after wave of tests. The next two to three months will be a crucial evolutionary period. I will continue to track data, the launch of new games, repurchase activity, and whether the content incentive mechanism is fully implemented.

This meme will make money on its own