preOPAI Pre-IPO current subscription funds are nearly $75 million, oversubscribed by 2.5x 1. preOPAI is the only token across the entire network backed by real equity. Each token corresponds 1:1 to real equity. 2. OpenAI equity was obtained through direct investment, not equity transfers between investors. It is not affected by OpenAI's recent equity transfer restriction statement. 3. A 3-month gradual unlocking mechanism fully respects the different investment preferences of primary and secondary market players. 4. Subscription ends at 4 PM, token distribution and USDT refunds at 8 PM, spot trading starts at 10 PM.