Let me share something different with everyone. I previously did not research much on the IP on-chain sector. Then a few days ago, while looking at some new gameplay from Story, I realized it is actually quite significant. However, since the tokens have already been issued, I am more inclined to find a role like Long Er, which will help me achieve better results in my future profit expectations. I think the IP sector can be considered a type of RWA, but among the currently defined RWA assets, people are more concerned with the on-chain of physical assets or easily data-ified assets (like stocks, real estate, commodities, etc.). As a virtual asset, IP, which is part of copyright assets, can also be considered as belonging to this sector from a certain perspective. At the same time, the narrative of the IP sector has a total derivative market size of about one trillion dollars, which means that when talking about potential scale alone, it is not much different from RWA. This market cannot be sustained solely by Story; there must be roles like Long Er and Long San. Currently, the only project I found in this sector besides the big brother is @campnetworkxyz. First, let me express my regret. Actually, a long time ago, @yueya_eth mentioned in the group that Camp is a great opportunity and suggested seizing it. But at that time, my mindset had not changed, and I did not realize the hidden value within. However, I believe: the best time was then, and the next best time is now. So today, I decided to take action and start looking closely. The more I look, the more I like it, and the more I feel it’s impressive. 🤔 My thoughts on the future of IP + Web3: 1️⃣ IP stories are no longer just a closed thing for a few people; instead, everyone can trade and hold the value of IP and profit from it. For example, Labubu, currently, everyone is trading Labubu dolls, but the IP of Labubu itself is held by Pop Mart, which can bring out the future expected value of the IP for free circulation through blockchain. Tokenization of intellectual property, or IPFI. 2️⃣ The two-way conversion of value linking Web2 and Web3. People might say, still using Labubu as an example, that Labubu going on-chain can facilitate large-scale adoption of Web3, attracting users and assets. But similarly, Labubu going on-chain can help Web3 better manage intellectual property, provide transparent distribution of profits, etc. This is a mutually beneficial situation, not just Web3 taking advantage. 3️⃣ The expectations for NFTs @CampTrailHeads. Currently, there are only 2000 in total, with a price of 0.2e, giving a circulating market value of 400e, or 1.2 million dollars. It actually feels like the market cap is not high, and the expectations are still good. Even if we consider an FDV market cap of 100 million, and only airdrop 1%, it can still break even, but I think the airdrop shouldn’t be just this little. The sentiment can be researched to see if it’s worth buying. However, I personally feel it should be undervalued. The simplest comparison methods are two: 1. Compare with IP coins, circulating 1.3 billion, FDV 4.6 billion. Even if it drops to one-tenth, it would still be 460 million and 130 million. 2. Financing of 29 million, is the market cap only 100 million? I don’t think that’s right, especially in such a good market condition. 3. TGE is not far away, so everyone should pay attention. 😚 Future expectations: 1. If Labubu is to be hyped, I think the better expectation lies in the serious hype of putting intellectual property on-chain. Rather than hyping it under the so-called CTO of the community or leveraging Web2. 2. Also, I previously really liked some movies by Stephen Chow and other content, putting them on a dedicated IP chain, whether it’s the help of infrastructure or some interesting things that Web3 can feed back to Web2, would be quite good. And Web2 has a very significant advantage for Web3, whether it’s the enhancement of pure Web2 brand influence or the introduction of real Web2 users, it’s of great significance. 3. Other sectors have basically turned into a mess, while the IP sector is currently the least competitive sector, it won’t distract the community’s attention or funds. Everyone only has a choice between one or two, both are okay, it just depends on everyone’s views on risk-reward ratios. 4. Currently, the entire market has not discovered the huge potential of the intellectual property sector. Now is the time to lay out, Similar to investing in BNB in 2017, falling in love with Sol in 2020, or charging into BTC in 2009. 5. So: pay attention to the places that no one cares about, waiting for the sector to bloom.