When NEAR was engaged in Aurora, it did catch up with the EVM-compatible outlet, but no one expected that this L2 would eventually become a burden. Aurora's technical route itself is a bit problematic, coupled with the rupture of the entire ecological capital chain after the FTX thunderstorm, which directly dragged down NEAR's liquidity... In 23 years, there was a bit of a problem with Wintermute, and both sides were also against Bo Gongtang, and it was true that the NEAR foundation cleaned up for a long time because of the mess of Aurora But then again, NEAR has indeed reformed a lot in recent years. As you can see from Illia's re-taking over as CEO, the team at least realizes where the problem is. The current Intents Launchpad and Token Season are obviously to rebuild the developer ecosystem. After a rough look, there are several aspects of this update, mainly the launchpad, which supports users to complete purchases within three steps through mainstream wallets such as MetaMask or Phantom - Intellex: A cross-chain AI agent protocol that creates a trusted interaction and reputation system - ConsumerFi: Connect microtasks, AI data marketplaces, and on-chain agents, allowing everyone to participate in AI revenue - VIBES: A social emotion-based synthetic asset trading platform that allows you to go long on "heat" or short on "panic" in advance - Open Forest Protocol: An RWA protocol based on forest carbon credits - Fraction AI: A no-code agent arena where users can create, train, and trade AI agents - PAI3: Build a decentralized, composable AI application development and operation platform But the key question remains unresolved: What is the underlying narrative of NEAR? Being a public chain can't fight Solana, EVM compatibility is not as good as Polygon, and now betting on the AI track but can't see any unique advantages, it seems that it wants to take the virtual route now Personally, I feel that NEAR is now in a very delicate stage: the historical baggage has almost been thrown off, but a new growth point has not yet been found. If this batch of projects can be done in 2025, it may be able to turn around, hoping to see a different NEAR ecosystem