The release of the Base App has not yet created the expected sensation in the Chinese community: 1️⃣ The app's preparation time has been too long, the efficiency too low, and expectations have been overspent.

2️⃣ The emphasis in the Chinese-speaking region is too low (not as good as the Korean base), and there is not enough attention given to the Chinese community. 3️⃣ It coincided with a bear market.

Let's see if Coinbase can be more down-to-earth in the future.

This is also the meaning of our continuous engagement with the community, and it is also a good time for us to start laying out and examining high-quality targets.