Ansem responds to the "Creator Token" controversy: Misjudged trust assumptions, but will explore a "positive-sum crypto attention mechanism"

Odaily Planet Daily News Ansem posted on platform X, stating that his past judgment of celebrities participating in crypto projects was too idealistic. He had previously assumed they would not "rug" millions of supporters, but this assumption has now been proven wrong by reality, and he stated he will not make the same judgment error again in the future.

However, Ansem emphasized that he is not a celebrity himself and has no intention of exiting projects improperly. He believes that Memes and narrative-driven tokens may still play a "net positive" role in the crypto market, including attracting new users into the industry, providing speculative liquidity for the market, and rekindling market sentiment during bear market bottoms.

Using Dogecoin and Bonk as examples, he stated that such assets have brought large-scale user adoption and wealth effects in different cycles. For instance, Dogecoin's market capitalization once reached $11 billion, while Bonk boosted sentiment in the Solana ecosystem during the depressed period following the FTX collapse.

Ansem also mentioned that he entered the crypto industry in 2017, quit his job as a software engineer in 2021, and is currently co-founding the trading application BullpenFi and hosting the podcast project MarketBubble. He stated that he has participated in discussions about multiple Meme coins in the past, but often encountered anonymous accounts deploying capital early using liquidity structures and then "dumping" in the opposite direction, turning his attention into a tool. He emphasized that his current project is the first time he has participated while having "control over the majority of the token supply," and stated he will attempt to find a balance between market attention and industry building.