If you are the CEO of a publicly listed company in the US, and you hear that the Trump family has launched a WLFI token, would you buy it? The Federal Reserve has made BTC a strategic reserve, would you reserve some? If you want to buy, how would you do it? Perhaps you already have an exchange to buy from, but how to use the company's money to buy is quite complicated. So I think Amber's recent merger and listing on Nasdaq (Nasdaq: AMBR) is a good business approach. Because MicroStrategy bought BTC and went crazy, several presidents tried to issue tokens without institutional interference, flexible token issuance will gradually become a new mainstream financing method. Afterwards, the proportion of native web3 projects will decrease, and tokens will become a new form of asset. More and more listed companies will choose to have their subsidiaries issue tokens, add BTC and various cryptocurrencies to their asset sheets, and participate in new crypto project investments. Therefore, there is still a lot of development space in this track, RWA is not just about moving already liquid assets onto the chain, the core is to help issue new assets, inject and manage liquidity. Startups will also have many turning from traditional listings to more convenient token issuance models, they need a compliant and reliable solution channel. Recently, the popular believe is an attempt, but obviously it also exposes many problems, of course, the most and foremost is being splashed with issues. Amber Premium, on one hand, provides web3 asset management/infrastructure (buying tokens/issuing tokens) guidance for traditional companies in web2, and on the other hand, is exploring native web3. Recently, I talked about their incubation of the contract exchange edgex, today Amber announced the hiring of @mwa_ia as the company's AgentFi ambassador, and of course, the first AI Agent representative appointed by a Nasdaq-listed company, considered to have landed. This is not just a title, where did mia come from, the first agent launched by @me_aiac. aiac designed a good token unlocking mechanism, the team needs to meet two conditions to get the tokens, in terms of time, seed round 12 cycles, acceleration round 10 cycles, each unlocking cycle must be at least one month apart, and waiting for unlocking is not allowed, the average price 7 days before unlocking must be 1.5 times higher than last month, if the project develops particularly fast, it will be regulated by mia and other AI agents. This method can effectively suppress the short-term selling pressure brought by the team and early investors, avoid liquidity arbitrageurs who dump after launch, and highly aligns with CZ's previously proposed healthy token model concept, effectively preventing the community from being splashed by malicious teams or speculative funds. Why does this approach protect token prices and long-term value? Or why do traditional projects need airdrops, and team shares need to be locked? Or why is the FDV of crypto projects often overestimated? These are actually all one problem. The core of web3 is user rights confirmation, to give the protocol's chips to the early supporting community, and the team should not directly take shares, if they want to take, they must finish the work, and the community thinks you are valuable to take. The community and project interests are deeply bound, only then can sustainable development occur. The main part of traditional stock listings can directly allow the team and early shareholders to unlock and cash out over time, so crypto projects are not actually very high in FDV, for example, $mia looks very high, but it's actually all virtual, circulation is very low, pool proportion is large, and the team has to wait for the time to unlock. In short, tokens cannot be directly compared with stocks for valuation, they must be multiplied by the team's vesting ratio before comparing. Of course, this model is not suitable for pumping those flow plate token issuance groups, it is not very consistent with the recent industry's mainstream "casino thinking", perhaps there won't be frequent golden dogs, but it is definitely a more suitable platform for real builders, after getting early support, promising long-term profitable startups will slowly gather here.