I was shocked to see the SpaceX investment report from the @ JarsyInc Research team today. From $16000/kg for Falcon 1 to below $200/kg for the starship target, these guys have thoroughly explained the entire technological path, materials science, engine architecture, and cost structure. Even if the launch cost is reduced to 23-28 US dollars per kilogram, the electricity cost of the orbital AI infrastructure can reach 0.01 US dollars per kilowatt hour, which is cheaper than ground data centers, and will give rise to a new narrative of "orbital artificial intelligence". I think this is no longer just a simple industry information transfer, but a combination of deep engineering analysis, business model deduction, and future scenario prediction. Many people still don't quite understand what Jarsy is doing. They are not ordinary investment research institutions, but rather the "private equity tokenization infrastructure" of the Web3 era. The hot IPO stocks we see, such as top tech unicorns like SpaceX, Anthropic, and Perplexity AI, are simply out of reach for ordinary investors, and only VCs and institutions can afford to eat meat. And what Jarsy is doing is tokenizing these private equity asset chains, allowing retail investors to also participate in the early dividends of these high growth assets. And the in-depth investment research reports they produce are essentially providing value discovery and pricing support for future tokenized assets. In addition, Jarsy has also made the threshold for private equity equal. Previously, retail investors had to be qualified investors and have connections to invest in private equity starting at $1 million. But now, on Jarsy, I can buy tokens representing SpaceX's economic interests for $10. Moreover, early users who bought SpaceX assets in the Jarsy community have witnessed their book value skyrocket from $259 to nearly $1000, achieving nearly four times the return. Jarsy's high praise among community users actually indicates their closed-loop system and solid strength throughout the entire process one ️⃣ Investment research capability is the core moat. To tokenize hard tech companies like SpaceX and Anthropic, we must first have the ability to understand the technology roadmap, cost structure, and business model. Otherwise, how can we price them? How to persuade investors? The Jarsy team clearly possesses this capability. two ️⃣ Private equity tokenization is the ultimate track for RWA. Now a lot of projects at RWA track are engaged in treasury bond and real estate, but the real explosive force is the equity of technology companies. SpaceX is valued at $1.75 trillion, while Anthropic is valued at $900 billion. Once these assets are put on the blockchain for circulation, there is enormous room for imagination. three ️⃣ Jarsy has both research capabilities and tokenization infrastructure, and is also accumulating top tier asset investment and research coverage. I haven't seen a second company in the entire Web3 field that can achieve this level of depth in this combination of punches. And we look at Jarsy's research coverage, SpaceX, Anthropic, Kalshi, AI chips, orbit computing, and prediction markets, all of which are the hardest core technology directions for the next 5-10 years. This is not riding on hot topics, it's really about value discovery. From my personal vision for RWA's development, Jarsy's successful implementation of this equity tokenization model has enormous potential for the future. For the first time, Web3 investors can participate in the growth dividends of top private equity firms such as SpaceX and Anthropic through on chain assets, and can participate from hundreds of billions of dollars, instead of the current Pre IPO model, which has earlier stages and greater returns. The excess returns monopolized by traditional VC firms will be broken; As a platform provider, Jarsy has a clear business model that combines commission, data, and liquidity. If this happens, it will not be a simple RWA project, but a restructuring of the entire game rules of private equity investment, with room for imagination and future potential, which goes without saying! At present, Jarsy is still in its early stages and the product is still being refined. However, from the perspective of investment research capabilities, team background, and strategic layout, this project is worth long-term tracking and attention. I recommend everyone to take a look at their research report, which is indeed of high quality and can help you understand the underlying logic of future technology investment. DYOR