I see that Flock has also joined the narrative camp of Wall Street DAT (Digital Asset Treasury).

Interestingly, the collaboration between Flock and CIMG Inc is completely different from the common practice in the market of buying ETH and BTC as reserve assets to boost stock prices. Specifically, Flock and CIMG Inc have adopted a deeply integrated business collaboration model, where CIMG needs to purchase FLOCK tokens as reserve assets. The two parties will also jointly develop a product called LifeNode, an AI health monitoring and intelligent recommendation product, with Flock providing AI privacy computing and federated learning technical services.

1) The currently popular DATs model on Wall Street is essentially a replica of the Crypto (3.3) model: buy coins → stock price rises → issue bonds → buy coins again. Its positive flywheel operation relies on a one-sided favorable market, which has a bit of a "Ponzi" flavor. This belongs to the first wave of speculative DATs, where Wall Street listed companies hype stock prices through Crypto, and the Crypto market gains external incremental funds from Wall Street's FOMO to drive up prices.

In contrast, the collaboration model between Flock and CIMG adopts a "business + token" deep binding approach. On one hand, due to the need to acquire tokens, the value of Flock's tokens is substantively linked to the main business of the listed company. On the other hand, Flock's provision of AI technology supply services will directly impact CIMG's strategy and market performance. In other words, the cooperation between the two is not merely speculative hype, but generates business synergy and value correlation.

2) To deeply understand this, one must look into CIMG Inc, the listed company. This company is quite interesting; on the surface, it started with coffee, but through a series of acquisitions (AI intelligent product selection from Xilin Online, and the "industry + AI + capital" four-wheel drive from Huomao Culture), it has transformed itself into a digital health group with a "technology + marketing" dual engine.

The collaboration with Flock represents a direct leap from AI applications in marketing to AI innovation in products—once LifeNode is implemented, CIMG will truly transition from being a "company that uses AI" to a "company that makes AI products." The key is that Flock's federated learning and privacy computing technology precisely addresses the core pain point of health data applications: how to achieve AI personalized services while protecting user privacy?

3) In fact, if the collaboration model between Flock and CIMG can be successfully implemented, it may usher in the DATs 2.0 era—production-type DATs. This model benefits both parties: for Flock, having stable B-end clients and financial support allows it to focus on technology research and development; for CIMG, it gains advanced AI technical capabilities and can obtain growth dividends from the Crypto industry through token reserves. Crucially, the implementation of LifeNode will become the foundation of their cooperation, and subsequent user growth, technology iteration, commercialization processes, and so on will feedback into the cooperative gains.

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