#美国终止政府关闭 Co nan Token is quite an interesting way to upgrade cultural consumption directly into investment targets. Token holders are not just "users"; they can also participate in IP Crowdfunding, grab derivation pre-sales, and even speculate in the Secondary Market.

The most amazing thing is the fragmented trading of NFTs. In the past, a popular character NFT would cost thousands of dollars, but now it can be broken into fragments, allowing entry for just a few dozen bucks. Retail investors can also get a piece of the pie. The DeFi protocols in the ecosystem are even more incredible, where tokens can be staked for lending, maximizing the utilization of funds.

This logic is actually in line with the asset tokenization trend that Morgan Stanley and others are betting on, except that Conan is targeting niche cultural circles. Looking ahead? They could even play with RWA—directly mapping the income rights of offline IP into on-chain certificates. By then, the boundaries between virtual assets and physical rights will become increasingly blurred.

The combination of culture and finance has quite a large imaginative space.