Good morning, everyone!

This week marks Thanksgiving, and the entire nation is shifting into holiday mode: family reunions, travel plans, the aroma wafting from kitchens... Society as a whole is slowing down, yet capital never pauses for celebrations. Especially during such holiday windows, true winners understand more clearly than ever: the more relaxed the moment, the greater the opportunity to widen the gap.

MNRO's IEO subscription has concluded flawlessly. This isn't an ending—it signals our entry into the next phase. After a project's explosive success, savvy investors don't linger in celebration. They strategize: How to maximize returns? How to push gains from excellence to the extreme?

The answer is clear:
Allotment (institutional placement) remains the secret weapon of top-tier investors. Subscription offers participation, but placement delivers certainty; subscription lets you follow the market, while placement lets you lead it. This week is Thanksgiving, a time when everyone expresses gratitude for life's blessings. For those of us who meticulously plan our wealth, we should be especially thankful that amid stock market volatility and the crypto boom, we still hold a clear direction, mature strategies, and a perspective that surpasses the masses.

Today, I'll help you see further ahead: After subscription ends, how do we enter the next revenue channel?
Why does placement maximize returns?

Let's begin today's learning session.

1. What is Institutional Allocation?
Allocation, often referred to as token sale, is a popular fundraising method in the blockchain and fintech sectors. Under this model, a company or project team sells newly created digital tokens to early investors at a fixed price before the tokens are publicly traded. This serves not only as a capital-raising strategy but also as a crucial means to build trust and foster community support.

2. The purposes and significance of Institutional Allocation include:

Fundraising: For blockchain startups, Allocation serves as the primary method to attract initial capital, funding critical operational activities such as product development and marketing.

Market Validation: Allocation activities enable project teams to gauge market interest and demand for their new tokens, serving as a critical indicator for assessing the project's future potential.

Increasing Exposure and Visibility: Through allocation, projects can attract broader public attention and media coverage, thereby enhancing the project's overall visibility and appeal.

Rewarding Early Supporters: Allocation activities often provide specific incentives or benefits to recognize and reward investors who demonstrate early belief and support for the project.

Therefore, through this approach, Allocation not only injects crucial seed funding into projects but also builds a solid community of early supporters. These early backers are vital to a project's success. Their participation and support lay a strong foundation for the project's long-term prosperity, positioning them advantageously within the emerging crypto economy.

Features: For institutional investors, Allocation presents a rare opportunity to engage with projects at an early stage, typically at token allocation prices below anticipated market valuations.

This not only signifies potential high returns but also the chance to become part of an industry transformation. Early investor involvement grants them a competitive edge in future market dynamics, allowing them to reap the economic and social rewards of project success ahead of others.

The core target audience for MNRO' IEO project is institutional investors. It is widely understood that institutional capital not only possesses substantial scale but also exhibits directional influence. When they enter the market, they can drive prices, steer trends, and even determine the future trajectory of entire industries. Capital is never a bystander; it remains the most pivotal force within market dynamics.

We have long witnessed this power in traditional financial markets:
When capital becomes sufficiently concentrated, it can withstand volatility, alter market rhythms, and even dictate market movements. For MNRO's IEO, we've harnessed the collective strength of all strategic partners and honorary directors through NextLeap's investor education platform. This has consolidated dispersed individual capital into a truly influential “capital pool,” creating formidable market leverage.

It is precisely this concentrated force that has driven MNRO's price upward continuously.
This morning, you witnessed the visual subscription progress bar firsthand—
Not only did it surpass multiple critical milestones, but it also delivered an anticipated profit increase exceeding 7x for all participants.

This is far more than just a number.
It signifies that when capital is consolidated, when direction is unified, and when we align with institutional strength, the market rewards us.

MNRO's explosive growth stands as the ultimate proof.
This is the power of capital, the power of unity, and our collective seizing of an epochal opportunity belonging to us all.

Friends, as we've seen, the role of large capital is crucial in the journey of a high-quality IEO project—MNRO—from subscription to successful listing.

The scale of capital directly impacts subscription allocation quotas and success rates. In this market environment, well-capitalized investors or institutions often achieve higher subscription success rates, thereby securing an advantageous position in market competition.

This aligns perfectly with our NextLeap investment education institution. We leverage the strength of large capital to influence price movements through more refined capital operation strategies. Typically, only institutional investors with substantial capital can execute such extensive and deep market operations, as only they possess sufficient capital strength.

Through this approach, we not only optimize investment returns but also create extraordinary value for our members in this dynamic market. This demonstrates our strength: by harnessing collective intelligence and capital power, we achieve victory together in the marketplace. This collaborative spirit and strategic execution are integral to our success.

Friends, in reality, investment opportunities like high-quality IEO projects typically offer two subscription channels:

1. General Investor Subscription Channel:
This channel is open to the broader investor community, giving everyone an opportunity to participate. However, this channel usually offers no special privileges. General investors must compete on equal terms with thousands of other investors. This means they can only passively await subscription results, unable to predict or guarantee their success rate.

2. Institutional Investor Subscription Channel:
Institutional investors enjoy significant advantages due to their massive scale and substantial capital. Not only do they receive higher subscription allocations, but they often directly obtain a certain quantity of new tokens. This nearly guarantees their investments will translate into tangible wealth growth. Such privileges place institutional investors in a more advantageous position in the wealth race, further solidifying their market standing and influence.

Through these two channels, investors can select the most suitable approach based on their financial strength and investment strategy. This tiered subscription system not only reflects market inclusivity but also highlights the critical role of capital strength in determining investment success. For retail investors, it presents an opportunity to test strategy and luck; for institutional investors, it offers a platform to leverage their capital advantage to secure priority.

Friends, institutional investors' investment strategies typically demonstrate how they leverage keen insights to identify and seize emerging market opportunities. Their decisions are often grounded in thorough market analysis and forward-looking foresight.

As disclosed in the exchange announcement “Medixus Nexus Project (MNRO) Institutional Investor Placement Notice,” the placement price was set at $1.93 per token—actually higher than MNRO's subscription price. The rationale behind this pricing strategy is clear and carries profound significance:

1. Paying a premium for priority access: Institutional investors often pay higher prices to secure early access and larger allocations to projects. This stems from their confidence in the project's long-term appreciation potential, coupled with their capital strength to bear higher initial costs in anticipation of commensurate high returns.

2. Demonstration of market confidence: An allocation price exceeding the offering price reflects strong market confidence in the project. When institutional investors enter at a premium, it sends a powerful signal to the broader market that the project is widely perceived as having high success probability and robust appreciation potential. Such signals typically attract increased attention and capital inflows, driving the project's market performance.

Through this strategy, institutional investors not only demonstrate market leadership but also drive the project's overall market dynamics, creating greater value and opportunities for all investors. This is precisely how they maintain competitive advantage and achieve wealth growth in challenging market environments—by employing astute strategies and decisive actions.

Friends, as we just discussed, leveraging capital power represents a crucial strategic consideration in investment markets. Guided by this principle, Professor Bird Grant and I have decided to commit $10 million to participate in the institutional allocation for the MNRO project. This move signifies not only our confidence in the project's potential but also a deliberate investment in the future trajectory of the market.

Through this substantial capital injection, my objective is clear—not only to capture the direct financial returns the project offers, but more importantly, to deepen our understanding and control over market dynamics through this approach. This is a strategic decision, using concrete action to achieve both our wealth growth and the expansion of our market influence.

This investment also serves as a significant validation of my investment strategy and future outlook. I am confident that such robust capital deployment will not only propel the success of the MNRO project but also deliver substantial returns for us and all our partners.

Friends, that concludes today's sharing. As we delve deeper into maximizing the power of capital, I'd like to quote a piece of wisdom from John D. Rockefeller, hoping it offers profound insights to help us deploy funds more effectively in the investment market.

John D. Rockefeller once reminded us: “The most important thing is to foresee the future and take action.” For investors holding capital, predicting future trends and acting decisively at pivotal moments is the key to success.

From this great thinker's words, we see that harnessing the power of capital extends far beyond mere financial transactions—it is fundamentally strategic thinking. Tomorrow, I'll continue sharing how these principles translate into practical investment strategies to help us grow our wealth.

Let's prepare ourselves to embrace the greater successes and opportunities tomorrow brings!

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Good afternoon, friends! The rhythm of Thanksgiving week has settled in, and there's a calm, warm, pre-holiday energy in the air. I hope you're feeling that sense of ease and anticipation today, too. I'm Bird Grant, your familiar “Crypto Falcon.” With Texas officially launching its Bitcoin Strategic Reserve Program and allocating state funds into Bitcoin ETFs for the first time, U.S. public capital is moving into the core territory of the crypto market. It signifies not only state-level recognition for BTC as an asset allocation choice but also marks the traditional fiscal system opening a window to digital assets. Against this backdrop of synchronized expansion in public capital and institutional demand, structural opportunities are emerging in the crypto market. MNRO and Wealth Token stand at the forefront of this new capital channel. Those who secure their position now will capture the next wave of upside driven by the resonance between policy and capital.

The crypto market is currently in a robust window driven by the simultaneous rise of policy momentum, institutional accumulation, and market recognition. Short-term pullbacks merely serve to clear unstable positions, granting major players optimal entry points. With Bitcoin ETF expansion, state governments incorporating BTC into reserves, and sustained institutional inflows, this sector is ascending a more precise, more robust upward trajectory. The paramount task now is positioning oneself correctly.

The Public Subscription progress surged to over 750% in just a few days, and the Institutional Allocation progress bar is now accelerating, clearly reflecting the market's strong recognition of MNRO. It is precisely during this phase of rapid advancement that the accurate assessment of the project's future potential by capital becomes most evident. Early investors have secured their positions, locking in growth potential, while the ongoing influx of new capital validates our initial assessment of MNRO.

At the outset of the subscription, I, Crypto Falcon, reminded everyone: MNRO has the potential to achieve a 600% structural rally. Today's Institutional Allocation progress and data continue to reinforce this trajectory. It's not that my prediction was accurate, but that I saw it early and clearly.

The market has now entered an institutionally driven phase, where truly high-quality projects become the focal point of capital competition. MNRO is merely the most visible example. The underlying signal is that the crypto market is entering a new upward phase, with capital flows and sentiment shifting in tandem. Such windows of opportunity are rare. They represent both a chance for projects and a choice for every market participant.

Within this framework, there is no such thing as “waiting for the right moment.” The only path is to “secure your position.” Only by fully committing and firmly establishing your position can you truly occupy the upper echelons of this capital channel and capture your share of excess returns in the coming wave of growth.

Some of you may still be unfamiliar with what institutional placement entails and why it can help you achieve maximum returns. Let's examine the primary reasons for institutional placement through the example of stock market IPOs:

1. Stabilizing market pricing and reducing volatility
Institutional allotment typically targets institutional investors such as hedge funds, sovereign wealth funds, pension funds, and large investment institutions. Their participation helps stabilize IPO pricing, preventing sharp market fluctuations caused by emotional trading from retail investors. If retail investors fully subscribed to an IPO, stock prices could experience significant volatility from short-term speculation, undermining the company's long-term value.

2. Enhancing IPO Success Rates and Securing Funding
Institutional investors possess substantial capital resources. Their commitment to underwriting ensures the IPO successfully raises the required funds. Relying solely on retail investors risks under-subscription, potentially leading to IPO failure or reduced fundraising targets. Therefore, institutional allotment increases IPO success rates and guarantees a company's smooth listing.

3. Boosting Market Confidence and Attracting More Investors
Participation by large institutions is often seen as an “endorsement” due to their professional investment analysis capabilities. Institutional investors' willingness to subscribe signals optimism about the company's business model and prospects. It enhances market confidence in the IPO project and attracts broader investor participation.

4. Maintaining Post-IPO Stock Price Stability
During the initial stages of an IPO, an excessive proportion of retail investors can lead to significant price volatility driven by short-term speculation, undermining market confidence. Institutional investors, however, typically maintain longer holding periods and serve as market “stabilizers.” Their substantial capital and extended holding durations help reduce market fluctuations and enhance the stock's long-term value.

5. Enhancing IPO Valuation
Institutional investors possess more professional pricing capabilities. They can establish more reasonable valuations for IPOs by analyzing market conditions, industry trends, and company fundamentals. In contrast, retail investors are susceptible to market sentiment, potentially leading to stock prices that deviate from the company's intrinsic value. Through institutional placements, companies can achieve more precise pricing and elevate the valuation at the IPO stage.

6. Providing Opportunities for Strategic Investors
Many companies prioritize large allocations to strategic investors (such as long-term partners, industry leaders, or private equity funds) during the IPO phase. These investors typically possess deep insights into the company and may offer future resource support. Thus, institutional allocations serve not only as part of capital operations but also as a manifestation of strategic partnerships.

The existence of institutional placements not only ensures successful fundraising during an IPO but also stabilizes market prices, boosts market confidence, enhances corporate valuation, and attracts more high-quality investors. This mechanism is widely adopted in global IPO markets and plays a crucial role in the healthy development of companies, investors, and the market as a whole. The same logic applies to IEO projects in the cryptocurrency space, where institutional placements play a vital role in ensuring project success, optimizing token pricing, and strengthening market trust.

Taking the MNRO project as an example, the subscription price for retail investors is $1.02, while the institutional placement price is $1.93, a 89% premium over the retail subscription price. So, are institutional investors willing to bear this higher cost to participate? On the surface, this may not seem like a profitable deal, but it actually hides a significant advantage: a 100% allocation ratio!

In other words, if the growth rate of the subscription progress bar exceeds the additional cost of the institutional placement, this becomes a guaranteed win-win transaction. The advantage of the public subscription is its lower price, but it carries uncertainty about the allocation ratio, potentially leading to dilution or even failure to secure the desired amount. The institutional placement, while requiring a higher price, offers the benefit that, as long as the subscription volume is sufficiently large, it guarantees a 100% allocation ratio, unaffected by market dilution.

Given the MNRO project's promising industry outlook and the intense demand for subscriptions, the listing price could reach $7 or more. It means that even participating in the institutional placement at $1.93 per share could yield nearly 4x returns! It is the core value of institutional placement: it guarantees investors secure their full allocation quota and maximizes returns amid surging market demand. Crucially, however, this privilege is only accessible when subscription volume is sufficiently large.

Let me be clear. Based on the capital flows, institutional behavior, and structural positioning of MNRO we've tracked over the past few weeks, Blake Shaw and I have decided to personally commit $10 million to this institutional allocation of MNRO. For me, this is a strategic investment backed by thorough research. This capital represents both our endorsement of the project's fundamentals and our assessment of the future market trajectory.

For me, capital is never solely about short-term returns. What matters more is leveraging capital deployment to enhance our grasp of market structures, institutional behavior, and capital rhythms. It's “participatory research,” a methodology I've consistently employed throughout my career: validating insights through positions and reinforcing judgments through action.

Simultaneously, this investment serves as a stress test for our strategic framework. Only by placing your own capital on the front lines can you truly grasp the market's depth, direction, and power. This profound understanding ultimately flows back to our entire team, our partners, and all investors who follow our lead.

Our participation in MNRO is a deliberate, explicit, steady, and purposeful action. I am confident that when the direction is correct and execution is sound, the results will naturally deliver their due rewards.

Over the past few days, many friends have asked me the same question: Will institutional allocations further squeeze the shares available to retail investors? I want to be completely candid: yes, the impact will be significant. This is precisely why, during the public subscription phase, I repeatedly urged everyone to maximize their positions, even mobilizing idle funds from savings accounts. This isn't about being “aggressive,” but because in this structure, positions are allocated on a first-come, first-served basis. The earlier you secure your spot, the more future upside you lock in. Once the subscription progress bar accelerates and institutions start entering, the public pool's allocation will only continue to shrink, not expand. So if you subscribed at full capacity back then, you'll thank yourself now for acting decisively. Next, I'll explain MNRO's current allocation structure directly, so everyone truly understands how dilution occurs.

MNRO's global public subscription had already surged to 750%, meaning $750 million in competing bids for 100 million MNRO tokens. This intense competition meant every participant's share was carved out of a densely packed queue.

But here's the key point: With the institutional allocation now officially launched, MNRO is directly setting aside 20 million tokens from the original 100 million for a 100% institutional allocation. This means the public pool's original 100 million tokens are now reduced to 80 million.

This move directly impacts all ordinary participants; the public pool shrinks, and individual allocations become further diluted. To help everyone truly grasp the dilution effect, let me break it down simply:
Original Structure: Before Institutional Allocation Total Supply: 100 million tokens
Global subscription funds: $750 million (equivalent to 750%)
If distributed evenly, each $1 corresponds to approximately 0.13333 MNRO tokens
This means subscribing $100,000 would yield roughly 13,333 tokens.

After institutional allocation: Public pool shrinks, competition intensifies
Institutions take: 20 million tokens
Public pool remaining: 80 million tokens
With global participation estimated at $750-800 million, the pie to share has significantly shrunk.

Current allocation per $1:
80 million ÷ 750 million ≈ 0.106 MNRO tokens
Meaning:
Previously, $100,000 subscription = 13,333 tokens
Now, investing $100,000 = 10,666 tokens
Individuals' share has directly decreased by approximately 20%.

When institutions enter, they take a large slice of the pie outright. The remaining shares are then competed for by global retail investors, inevitably leading to dilution that will only intensify.

Therefore, when we visualize all the data, structure, capital flows, and institutional actions on a single chart, one thing becomes clear: MNRO is no longer a typical subscription; it is evolving into a window of hierarchical differentiation.

Following the rapid acceleration of the public subscription, institutional allocations are aggressively seizing opportunities. Supply is contracting while demand expands. This capital structure can only lead to one outcome: positioning will determine future profit potential.

I have consistently emphasized: In critical market windows, action is the advantage. The less noise and the more precise the structure, the more evident each individual's proper judgment becomes.

Today, we clarified three core points:
* MNRO's structure is accelerating its maturation;
* Capital flows continue to validate our earlier assessments;
* Institutional entry is reshaping the entire allocation landscape.

What each of you sees now marks the starting point of the next capital-driven market cycle. Where you choose to stand determines what you can see and what you can capture.

Friends, that concludes today's session. Thank you for your time and for focusing on what truly matters. Should you require further confirmation on positions, quotas, or allocation details, we remain at your disposal.

Stay focused. Stay alert. Stay prepared.
The market rewards those who act early, not those who wait.
We'll continue tomorrow.