Robinhood built a chain, and its selling point was originally on-chain finance and stock tokenization. But on just one day, August 30th, this chain saw the deployment of 28,000+ meme tokens, with 22,214 of them coming from the same meme launch platform. @ponsdotfamily isn’t an official product, but in 47 days, it distributed $20.93M to token creators. The chain was built by a brokerage, the sign says 'on-chain finance,' but the road is full of degens. 'A license can control who enters, but it can’t control what they do once they’re in.'