On March 9, Zhao Changpeng forwarded Kuai Dong's disclosure article on market maker Web3 Port. The article highlights: May Liu and his team have established a "brokerage assembly line for Binance", from Spark Digital Capital to Web3 Port to Whisper. Initially, Spark operated under the name of VC and actually relied on market outsourcing +FA business to allow VC to invest in projects and obtain free tokens themselves. After 21 or 22 years of industry corruption, project parties were no longer willing to give tokens for free. They turned to the incubator model and established a Web3Port to provide project packaging and VC docking in exchange for 1-3% tokens. However, it was impossible to realize cash by relying on the incubator alone, so Whisper, a market maker, was established. In the name of market-making, it actually created a shipping window for the free tokens in its hands. In the end, this system became a complete assembly line from packaging financing to exit, and Binance retail investors became the ultimate payers.