What is the biggest misconception from outside allocators who maybe you were talking to on your side?

The biggest misconception really is around that you need a token.

And the money follows returns.

And so if you think about all the different cycles in crypto, it's basically when Bitcoin is peaking, when broader tokens are peaking, that that's when the money flows in.

And that's basically when valuations are going to be highest.

So that doesn't... hasn't done well when you buy high because you're selling low.

So what we've seen, though, is the biggest mixed exception is that you need an active token market to build a successful business.

How do you think about the liquid landscape, blockchain liquid?