FOMO Founder Defends Memecoins + AMC vs Robinhood - The Chopping Block

Watch on YouTube ↗  |  September 10, 2026 at 13:00  |  1:03:49  |  Unchained (Chopping Block)
Speakers
Haseeb — Managing Partner, Dragonfly
Paul Erlanger — Co-founder, FOMO
Tarun — CEO, Gauntlet

Summary

The panel debates memecoins with FOMO co-founder Paul Erlanger, covering FOMO's social-graph model, the Hunter Biden LAPTOP token, launchpad wars, and AMC's fight with Robinhood over tokenized stock. Haseeb defends retail and warns about the memecoin production function, while Paul argues stock-token pairings build communities. The group also discusses Robinhood Chain revenue and the future of onchain equities before closing on the OpenAI Navier-Stokes news.

  • Paul explains FOMO's transparency-based social graph, creator rewards, and Team Tags instead of copy trading.
  • Tarun recounts trenching in Hunter Biden copycat coins over the holiday weekend and finishing up about 10%.
  • Haseeb says most casual memecoin trading is harmless but the memecoin production function reliably loses retail money.
  • The group discusses the three-way launchpad war and Paul says he remains agnostic on launchpads.
  • Paul sees stock-token pairings as community funnels for companies, while Haseeb warns they will get ugly when the cycle turns.
  • AMC's CEO calls Robinhood's tokenized stock vile, and the panel debates tokenized equity backing and legal risk.
  • Haseeb highlights Robinhood Chain's $42 million of revenue in roughly 70 days, with 90% going to Robinhood.
  • The episode closes with the OpenAI/Anthropic Navier-Stokes controversy and what it means for AI research.
Ideas
Haseeb Managing Partner, Dragonfly 15:02
Robinhood Chain revenue is meaningful for HOOD.
Robinhood Chain generated about $42 million in onchain revenue in roughly 70 days, around $600k per day with 90% going to Robinhood, driven by congestion from high demand. Haseeb says that level of revenue is meaningful even at the company level for Robinhood.
HOOD HIGH
Haseeb Managing Partner, Dragonfly 18:38
Memecoin production function shreds retail value.
Haseeb argues that most casual memecoin trading is harmless, but the memecoin production function, especially new launches and stockcoin pairings, is where retail reliably loses money and where most of the value gets shredded. He frames that segment as the most harmful part of the market.
Memecoin launchpads MED
Haseeb Managing Partner, Dragonfly 33:38
LAPTOP token has clever launch mechanics.
Haseeb says Hunter Biden's upcoming LAPTOP token is one of the more thoughtful or clever memecoin proposals because it includes burn commitments tied to predictions, airdrops to Trump token losers, and airdrops to Channel 5 subscribers, making it an event worth monitoring.
LAPTOP MED
Haseeb Managing Partner, Dragonfly 36:41
Celebrity coins are uniquely bad.
Haseeb says celebrity memecoins are uniquely bad and that the panel has a good track record of calling them bad ideas, citing Trump, Melania, Iggy Azalea, and Kanye coins as examples.
Celebrity memecoins MED
Paul Erlanger Co-founder, FOMO 39:31
Stock-token memecoins build communities and funnels.
Haseeb warns that the stock-token community trade is in the fun phase now, but when the cycle ends retail participants will get angry and target anyone associated with these tokens. He argues that even public company CEOs who merely interact with these meme communities could face guilt by association and harassment, making the community-building pitch risky.
Stock-token pairing memecoins MED
Paul Erlanger Co-founder, FOMO 48:37
One-to-one backed equity tokens will win.
Tarun says he is now a believer in the onchain equity shift because public company shareholder communication is bifurcating and becoming more retail-accessible. He argues the millennial trading-app layer was mostly cosmetic, while onchain equities and social communication can make earnings calls and stockholder engagement more accessible to normal retail users.
Tokenized Equities HIGH
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This Unchained (Chopping Block) video, published September 10, 2026, features Haseeb, Paul Erlanger discussing HOOD, Memecoin launchpads, LAPTOP, Celebrity memecoins, Stock-token pairing memecoins, Tokenized Equities. 6 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Haseeb, Paul Erlanger  · Tickers: HOOD, Memecoin launchpads, LAPTOP, Celebrity memecoins, Stock-token pairing memecoins, Tokenized Equities