Seeing this news, my comment on @GoKiteAI is: They know how to raise funds (quanqian) They know how to ride the hype (ceng) Just joking! As a project that managed to secure such high-profile lead investors like PayPal and CB, and still knows how to capture trends, it’s definitely a team that’s actually doing things. Especially knowing how to execute—that’s super important. I’ve seen a lot of projects in Rootdata that raised $20-50M, but they stick to one track until it’s completely dead. They refuse to pivot even when the direction is clearly a dead end. For example, the BTC track or abstract AA types. I remember meeting Manta’s Victor Ji in Singapore. I politely said, “Your pivot has been pretty successful.” In reality, the industry views Manta as the king of versatility. They managed to whip up an L2 in just a few months, launched deposits with rewards, and then quickly did a TGE. They front-ran the hype of the time like no other—Blast was the perfect example. Opening market cap was over $3 billion, depositors were laughing all the way, while Blast depositors were left crying. Following the hype is way more useful than spending one or two years building something no one cares about.