I just saw Aria's update, and the $ARIAIP token, as the IPRWA protocol within the Story ecosystem, is about to launch soon. This project was recommended by a friend before; it should be the first protocol to bring real-world intellectual property (IP) assets onto the blockchain in token form. In the past, these IP assets (IPRWA) were almost all locked within traditional systems, with only a few institutions like record companies, funds, and law firms able to participate, resulting in extremely low liquidity. Now, through Aria, we can participate in IP investments on-chain and earn copyright revenue, while also trying new value distribution methods through "programmable IP." It is built on Story, which we all know is a Layer 1 specifically designed for the confirmation of intellectual property rights, licensing, and revenue distribution, with the entire IPFi ecosystem gradually taking shape behind it. Aria started at the end of last year, and at the beginning of this year, it raised $10.95 million in two rounds of Premiere Launch together with StakeStone, aimed at acquiring partial copyrights of top artists like Justin Bieber, BLACKPINK, and Miley Cyrus. The music copyright catalog under its name has expanded to over 90 singles, and holders can earn copyright dividends through staking, which has effectively brought "music IP revenue" onto the blockchain in a real sense. In June, Aria launched its first IPRWA token APL, which is backed by partial copyright assets of the aforementioned artists and was acquired through StakeStone's LiquidityPad. From the current market environment, RWA has been a hot topic this year. Standardized RWA projects like Ondo, Centrifuge, and Securitize have already encompassed traditional asset tracks like bonds and treasury bills—FDV, MCAP, and TVL are all at high levels. However, non-standard RWA remains a blue ocean. In private conversations with friends, Aria is likely the one to emerge from the most familiar and emotionally connected audio-visual IP assets among the public. The project itself is quite solid, and with the TGE approaching, the airdrop details have not yet been announced, so there should still be opportunities to secure OG spots. Who knows, maybe with Aria, we can have a good year.