After playing for a few days, I came back to make up for the missed classes. There wasn't much else to say about the other projects, only a few worth paying attention to. The team had to dig a lot and didn't win the one that needed to be developed. But indeed, the CC @ CantonNetwork on Binance Perp is quite unconventional, and I had to spend some time this morning pondering how to value and participate appropriately in this thing. After all, with an initial FDV of 16 billion, it should be a stable benchmark according to common sense After reading several introductions about Canton posted by major influencers, I personally think that the owner's idea is the clearest - to bring together traditional institutions and create an enterprise level privacy public chain that meets both privacy and compliance needs. If you draw a circle around various VC projects that are currently issuing coins, basically everyone follows a similar gameplay and follows certain rules. There is a set of established rules for how much FDV and how to issue coins. But @ CantonNetwork is very unconventional, not only is the TGE method different (mining), but the way assets are put on the chain is also different from mainstream RWA projects. Canton's assets are directly issued on the chain by the original issuer. For example, DTCC directly issues US treasury bond bonds on the chain, and buyers and issuers directly establish contractual relationships. Smart contracts themselves are legal contracts. Then, because the big brother of the savings bureau was powerful, they directly reduced the size and hit traditional financial circles such as Goldman Sachs, BNP Paribas, HSBC, and Bank of New York Mellon DTCC、Tradeweb、 Bank of America, American Castle Securities, Hong Kong Stock Exchange (Synapse), and others have all been brought in to directly issue assets on the chain. It is claimed that 6 trillion RWAs have been put on the chain at present, and 4 trillion dollars have been processed every month, including more than 10 billion dollars of daily treasury bond bond repurchase transactions. I need more time to verify this, the numbers are a bit beyond my knowledge ）。 ~~~~~~~~~~~~~~` To summarize briefly: 1. It can be understood as an institutional level compliant privacy public chain, currently aimed at defeating Zash. 2. The big shots and powerful resources of the accumulation game, co founder Eric is also a co-founder of Cumberland. Cumberland retail investors may not be familiar with them, but they are one of the biggest MM on Binance and top tier. 3. I have a lot of money in hand, and currently just the final round of 135 million US dollars is enough. It is said that the total fundraising amount exceeds 400 million (it is strange that @ RootDataCrypto has not updated this information, but mainstream media has reported it) As for whether to go short due to the large market value, I dare not do so until I have thoroughly researched the chip structure. If the empty ticket rate is high, I even want to try more ， Often, this new thing is prone to causing trouble. ~~~~~~~~~~~~~ I downloaded a Send wallet and tried mining it, but it did require a lot and was a bit complicated, not very retail friendly. If you plan to challenge yourself, you can give it a try. Portal: https://send.app/