financial · METI AI Guidelines · APPI · FSA AI governance
Memecoin Launch / Token Presales
Dev refuses rug path — public /verify beats 'trust me bro'
—Launchpad graduate rug liability
Regulatory exposure — commonly overlooked:
Launchpad takes fee — launchpad owns reputational tail, dev owns token. · Japan soft-law approach hardening — FSA now expects bank AI documentation like BaFin.
TAM / Exposure
Pump.fun ~$80M/mo fees · billions launched
Insurance lines
D&O · Cyber
Exhibit authority
Japan METI AI Pack — Launch Refusal + Graduate Verify Pack