Launchpad is basically SOL's spin-off platform. Launchpad is to SOL what Layer2 was to ETH during its peak. If you think about it, it's like an upgraded version. During an uptrend, Launchpad's revenue and its contribution to on-chain activity can further boost SOL chain's data performance, making it easier for consortia like Multicoin and Galaxy to raise funds for DAT. From the SEC chairman's recent speech at the OECD, it's clear that North America is currently very supportive of entrepreneurs raising funds on-chain. Undoubtedly, SOL is still the only chain where small and medium-sized projects can gain more attention, which naturally gives SOL's Launchpad more opportunities. However, even though SOL is trying hard to shed its overly crypto-native "meme" positioning, other types of on-chain assets have yet to gain traction. The current ceiling is PUMP, with a valuation of $6 billion, but it's still largely focused on memes. According to the Wizard's bull market engine theory, on-chain launchpads will have more opportunities in the future. In the ICM & AI space, I genuinely believe @HoloworldAI has the potential to become a rising force, find PMF, and serve as a bridge between Web2 and Web3. Staking is already live, and I’ve staked the airdrop I received. For those who don’t have HOLO but still want to participate, you can consider hedging to manage the risk of price fluctuations. Looking forward to seeing HoloLaunch deliver a satisfying outcome for holders.