Looking back on the past, this National Day’s IPO opportunities remind me of the grand scene during the ICO boom years. At that time, project teams could raise several million dollars just by shouting out, and investors were willing to spend without hesitation. The current situation is truly a world apart.

Now, IPO activities are more standardized and orderly. For example, projects like Momentum and Yield Basis have clear participation rules and distribution mechanisms. Momentum even launched a "HODL Yield Campaign," offering up to 155% annualized return. This kind of gameplay is very attractive in the current market. Yield Basis has also enlisted the founder of Curve, with its valuation jumping from $50 million to $200 million, showing the market’s strong pursuit of quality projects.

However, I think the most noteworthy is Canton Network. Backed by established financial technology companies like Digital Asset, and supported by traditional financial giants such as Goldman Sachs and IBM. This type of project represents the trend of blockchain penetrating traditional finance, with great future development potential. Currently, the barrier for retail investors to participate is still relatively high, possibly requiring participation through the eco-project SEND’s wallet testing.

Overall, the quality of IPO opportunities this National Day is quite good. But we must also remember that even the best projects require rational participation. After experiencing multiple bull and bear markets, we all understand one principle: returns and risks always go hand in hand. I hope everyone can stay alert while chasing profits and implement proper risk control.