Reflections on the launch of preSPAX | To every patient user in the industry PreSPAX was officially launched for trading last night, and we sincerely thank everyone for their support and attention along the way. At the same time, we have also received a large amount of genuine feedback, especially regarding the discussion on the current price. I have taken it seriously and fully understand everyone's expectations and feelings. IPO Prime is a new attempt in the cryptocurrency industry and also a part of Bitget's strategic layout. We all need time to understand, and products also need time to settle and adapt. Many friends are accustomed to comparing it with the IEO of cryptocurrency projects. Although the two are similar in form, they have two core differences in essence: 1. Different asset levels: PreSPAX is backed by top global unicorns like SpaceX, and is not an ordinary meme asset. It breaks the traditional monopoly of top assets by institutional private equity, allowing ordinary users to truly have early participation rights. 2. The investment logic is different: Pre IPO underlying assets will eventually land in the capital market in the form of stocks, with a much longer value cycle than ordinary cryptocurrency projects. IEO tends to be a short-term game, and people are accustomed to fast in and fast out; But the value of high-quality enterprises will continue to be released over time, just like Nvidia, whose stock price has risen more than 10 times in several years after stepping into the industry trend, patience always pays off. I understand that if there is no significant increase in the opening price of preSPAX, it may disappoint some friends and make them unable to hold on. I completely understand this feeling. But completing the Pre IPO transaction and going live is just the prelude to this layout. SpaceX's true value main course will be officially presented at the time of future IPOs. And Bitget's preSPAX market is the core battlefield for everyone to lay out and discover value in advance. We are confident in creating the best IPO token trading experience in the industry. Faced with such high-quality traditional assets, it may be better to have more patience and let the bullets fly for a while. As the first product of Bitget, we will firmly continue to work on IPO Prime, and the second phase of assets has been finalized. ⚠️ For the participation mechanism of the second phase project, we hope to fully listen to the voices of the community. Whether the suggestions are gentle or sharp, everyone is welcome to leave a message. I will carefully review each one and work with all users to make this matter better.