We are in both an AI supercycle, and a collectibles supercycle. This is not a coincidence. AI and the character economy sit at opposite ends of the same barbell. Every dollar spent making intelligence cheaper... makes charizard more expensive. To elaborate: AI is a deflationary force on everything that can be copied. Character IP, and the collectibles markets that price it, is the inverse asset: it gets more valuable as copying gets cheaper, because meaning, scarcity, and true collector fandom can't easily be replicated. The vast majority of teams and brands are undervaluing and underinvesting in their own IP. We aren't. That's why Gigaverse is driving a deep deep level of intentionality to the characters & world that form the bedrock of our future ecosystem. And why we're growing our social channels like crazy, so we can introduce our characters to the world, at scale. Today we're a game, tomorrow we're an ecosystem of loved characters you can interact with across a growing surface area of meaningful experiences and products. Few.