What should retail investors do? This is the real opportunity. Since Zama itself cannot participate, what should retail investors do? My answer is: the Zama ecosystem is the golden opportunity for retail investors. Why do I say this? Because Zama provides the underlying technology for FHE, just like AWS provides cloud computing services. The projects built on Zama's technology are the real opportunities for retail investors. Think about it: AWS itself does not issue tokens, but projects using AWS issue tokens. Zama itself does not issue tokens, but projects using Zama will issue tokens. Moreover, these projects are still in the early stages, making it the best time for retail investors to enter. For example: Fhenix: An FHE L2 built on Zama's fhEVM, the mainnet has not yet launched. Inco Network: A general privacy computing layer based on Zama, currently in the testnet phase. Mind Network: A project combining FHE and re-staking, currently laying out its ecosystem. Shiba Inu Layer 3: It is said to also use Zama's solution, with a strong community foundation. These projects all have the potential to issue tokens, airdrop, and could become the next hundredfold tokens. Furthermore, Zama's valuation of $1 billion means what? It means that the FHE track has already been validated by top VCs, indicating a certain direction. What retail investors should do is not to buy Zama's stock (which they cannot), but to participate in the projects within the Zama ecosystem. This is the real Alpha. Why is the Zama ecosystem an opportunity for retail investors? I thought carefully, and the Zama ecosystem has three huge advantages for retail investors: 1. Technical endorsement: Zama is the world's first FHE unicorn. Zama's valuation of $1 billion has attracted investments from Multicoin, Pantera, and Protocol Labs. This means that FHE technology has been validated by top VCs. Projects built on Zama's technology naturally have technical endorsement. This is not something those "PPT public chains" can compare to. 2. Ecological dividends: Zama will support ecological projects. In the B round of financing, Zama made it very clear: focus on the value of partners rather than capital. What does this mean? It means that Zama will actively support ecological projects, providing technical support, resource connections, and even financial support. Retail investors participating in these ecological projects can enjoy the ecological dividends of Zama. This is an advantage that other tracks do not have. 3. Early opportunity: We are still in the early stages of FHE. The FHE track is still in its early stages, with most projects not yet on the mainnet. This means that retail investors entering now can still reap early dividends. Think about the ZK track: zkSync airdrop, early users made a fortune. StarkNet airdrop, early users made a fortune. Scroll airdrop, early users made a fortune. The FHE track will be the same. Participating in the testnets of Fhenix, Inco, and Mind Network now may very well lead to airdrops in the future. This is the opportunity for retail investors. My judgment: Zama's success is the starting point for the FHE ecosystem. I have been thinking lately: what does Zama's valuation of $1 billion mean for retail investors? My answer is: this is the starting point for the FHE ecosystem, not the endpoint. Zama's success proves the commercial value of FHE technology. Next, more and more projects will be built on Zama's technology. These projects are the opportunities for retail investors. Just like AWS's success drove the entire cloud computing ecosystem. Zama's success will drive the entire FHE ecosystem. What retail investors need to do is: Focus on Zama ecosystem projects: Fhenix, Inco, Mind Network, etc. Participate in testnets: early participation to strive for airdrop opportunities. Learn FHE knowledge: understand the value of FHE and find truly promising projects. This is the correct posture for retail investors in the FHE track. My actions I have already started taking action. I will: Continue to track Zama ecosystem projects: see which projects are really making progress. Participate in testnets: I will participate in the testnets of Fhenix and Inco. Pay attention to the Zama Creator Program: this is Zama's official creator incentive program, which may have airdrops. I believe that Zama's valuation of $1 billion is not the endpoint of the FHE track, but the starting point. And retail investors can completely share the dividends of the FHE track by participating in Zama ecosystem projects. This is the real opportunity. If you also see the potential in the FHE track, I suggest you start taking action now. Because early dividends only belong to early participants. @zama_fhe #ZamaCreatorProgram