"I didn’t go to Hong Kong, but I heard some interesting stories: 1. Everyone claims to be MM. RAVE, SIREN, STO, and other meme coins all have multiple MMs claiming them. 2. A lot of MM-related information isn’t public, which leads to so-called 'bosses' everywhere—BDs are bosses, main planners are bosses too. It’s all so confusing. 3. Crypto isn’t the main focus; in fact, no one’s paying attention to it. 4. VCs, especially crypto VCs, didn’t even get a seat at the table. 5. AI + ROBOT seems to be the trend, but the entities are split—one handles token issuance, the other handles making money, and they’re completely unrelated. 6. The main venue was empty, events were empty, and the few events with people were just a handful. For other events, it felt like there were more staff than attendees. 7. A lot of people have joined big AI companies—will they bring crypto elements into them? 8. Discussions about U.S. stocks, Hong Kong stocks, and even A-shares far exceeded any talk about crypto." #