Remember this: Binance is the only exchange still frequently and heavily investing in Web3 startups, incubating dozens of teams annually through YZi Labs, retaining top talent for the industry. You might look down on some early-stage projects; they might fail, and your investment might go down the drain. But this allows the next Hyperliquid Jeff to keep building, graduating from Binance's incubators, and then drawing their own cards in the continuous pivot rounds, launching the next phenomenal product that everyone adores. I'm asking you, and you—I'm talking about your exchanges—how many invoices have you managed to write in a month lately? In such a difficult fundraising environment for primary markets, can't you focus on early-stage investments, building the foundation of the industry together, instead of just asking project teams for money during TGE? Everyone on X is watching others criticize so enthusiastically and blindly following the crowd. Look at what Binance has actually done, and ask yourselves honestly, in this position, which exchange can do better than Binance?