Meme coin launchpads like Pump.fun have made token creation and trading frictionless. What they haven’t done is remove risk. Bonding curves and automated liquidity are pricing mechanisms — not proof of utility, sustainability, or compliance. Where projects often run into trouble is layering in revenue sharing, “token dividends,” or passive yield and calling it a utility token. That’s where speculation starts to look a lot like a security. In this video, I break down how Pump.fun and similar platforms actually work, and where founders, investors, and advisors should be paying attention. 🎥 Watch here: https://lnkd.in/g2GQP8ED #PumpFun #MemeCoins #Tokenomics #CryptoRegulation #DigitalAssets #FintechLaw #Web3