Former Swarms Foundation member says he rotated into BLINK, outlining a thesis tied to Fomo’s issuance layer
SongShu, a former Swarms Foundation member and founder of NexGen Venture, said he sold Long platform’s $AI and BSC-based $bStocks and shifted both capital and attention to $BLINK, disclosing that he now holds more than 2% of the token. He framed the move not as a bet on a fairer market, but as a wager that user behavior in crypto will remain the same: people chase winners, compete for early access, show positions, and let profit and loss validate their judgment.
In his view, Blink’s potential does not rest on a fairness slogan alone. He argued that the product could matter if it turns already-existing market behavior — token launches, early-position competition, FOMO-driven participation, public theses, social distribution, and fee generation — into a verifiable and repeatable product loop. He also positioned Blink as a possible issuance and user-acquisition layer for Fomo rather than a replacement for it, while stressing that Fomo and Blink are independent platforms and that some of the product logic he described remains his own proposal rather than a live feature set.
SongShu also listed the conditions that would invalidate his thesis, including failure to bring net new funded users to Fomo, weak retention after initial launches, bot or multi-wallet circumvention, poor creator repeat issuance, and a lack of transparent, sustained, verifiable fee capture.