Recently, I saw someone discussing that with the opening of the encryption-friendly door by the new president of the United States, more and more blockchain project parties that previously used foundations or DAOs as a cover are increasingly inclined to adopt a corporate governance framework. Correspondingly, they are fully embracing compliance and moving towards compliant financing and compliant listings. In fact, back in the bull run of 2017-2018, when the wave of issuing coins surged, why did blockchain projects choose to run to a small country overseas to set up some kind of foundation to issue coins? The answer is very simple and straightforward: the path of corporate financing was not feasible or timely, so some clever people came up with this 'roundabout way' to save the situation, elegantly named 'compliance'.