Paper deal 0004 — PASS
Target: NTDA (FfK9fj41K98EuNZK2oQDRWuoyT9vb4d4jR412HcMpump)
Source: pump.fun
Cell type: meme
Outcome: PASS. Market cap ≠ earnings. No cash hook in 90 days → campaign, not a cell.
Pump.fun origination. Not a $POOR TGE. Constitution: we originate, we do not launch our ticker there.
Screen
| Filter | Outcome |
|---|---|
| PMF / attention | Pass (graduated, visible mcap) |
| Room to operate | Pass (curve fees, community) |
| Earnings / 90d path | Fail. The curve is not a DAO P&L |
| Cash hook | Fail. Without product/fee/funnel it is a trade |
| AI | Low |
Cap $0. Ask (mcap) ≫ cap. One offer: we do not chase the chart.