Alofoke (Santiago Matías) announced in late July 2026 that he would launch his own political party after rejecting overtures from established groups like the PRSC, framing it as a vehicle for “innovative ideas” and a 2028 presidential run. Traders have priced “No” at 55.5% because party registration with the JCE demands substantial signatures, formal organization, and bureaucratic steps that typically unfold over many months, and little concrete progress beyond the initial statement has surfaced in the weeks since. As a high-profile media personality shifting into politics, Alofoke faces the added challenge of building a credible structure and donor base quickly enough to clear the June 30, 2027 deadline. The slight lean toward “No” reflects skepticism that the timeline will hold amid these logistical and institutional hurdles, even with visible public interest in an outsider candidacy. Key near-term catalysts include any JCE filings, signature drives, or public updates on party infrastructure that could shift the market before the 2028 election cycle accelerates.