This episode explores the burgeoning influence of ACG (anime, comics, and gaming) culture on China's consumer landscape, transitioning from a niche subculture to a significant economic force. Against this backdrop, the discussion centers on Daxue Road in Shanghai, a street transformed into a vibrant hub for ACG-themed events, showcasing how virtual worlds are integrated into real-life experiences. More significantly, the panelists analyze the community-driven nature of this phenomenon, highlighting how fan engagement fuels the economic success of these events; for instance, the King's Avatar anniversary festival attracted 300,000 visitors in just two days. The conversation then pivots to the commercial impact, noting the collaboration between IPs and local businesses, creating a unique blend of entertainment, commerce, and community interaction. In contrast to traditional theme parks or conventions, this model offers accessible and ongoing engagement, fostering a sense of belonging and co-creation among fans. Finally, the panelists discuss potential challenges, including IP protection and the need for strategic location choices to ensure continued success, illustrating the evolving dynamics of this rapidly expanding market.