The absence of exclusive partnership deals between FOMO-driven applications and prominent names speaks volumes about the maturity level of this sector. It's telling when the market takes 18 months just to see copycats emerge around a successful model like pumpfun. You'd think with so many teams chasing the next big thing, we'd see faster iteration and more aggressive brand collaborations. Instead, it feels like the industry is still moving at a glacial pace when it comes to seizing real market opportunities.