Interestingly, recently a well-known artist on Weibo also jumped in to issue a real-name coin, and upon launch, it immediately pushed the market cap to 500,000. Looking at this trend, it seems that the project team is now working overtime to find the next partner—perhaps another big V to join in. This wave of coin issuance is still heating up, from content creators to social celebrities, it seems everyone has sensed an opportunity. The market is like this—when the wind blows, all kinds of players want to try their luck.
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SignatureVerifier
· 7h ago
ngl this reeks of insufficient validation across the board... $500k market cap on literally what, a celebrity name slapped on a contract? technically speaking, zero-day potential written all over this
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Layer2Observer
· 7h ago
500,000 market cap? How many people would need to buy in? It doesn't add up mathematically.
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HashBrownies
· 7h ago
500,000 market cap? That's hilarious, this is just issuing tokens.
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BlockchainArchaeologist
· 7h ago
Funny, another one. When will this ever end?
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DAOplomacy
· 8h ago
tbh the incentive structures here are... let's call 'em sub-optimal. celebrity tokenomics as path dependency—never ends well historically speaking.
Interestingly, recently a well-known artist on Weibo also jumped in to issue a real-name coin, and upon launch, it immediately pushed the market cap to 500,000. Looking at this trend, it seems that the project team is now working overtime to find the next partner—perhaps another big V to join in. This wave of coin issuance is still heating up, from content creators to social celebrities, it seems everyone has sensed an opportunity. The market is like this—when the wind blows, all kinds of players want to try their luck.