Jupiter and Irene Zhao launched a meme that was ridiculed by the crowd, and past projects of 'Asian Mom' ​​were accused of fraud

Author: Nan Zhi, Odaily Planet Daily

Yesterday, Jupiter Lianchuangmeow announced that it will cooperate with Irene Zhao to launch the Meme project ASIANMOM to realize its vision of "PPP Meme Token" and achieve fairness and transparency of token distribution. However, this cooperation caused strong dissatisfaction in the community, with chain detective ZachXBT commenting: "It's so funny to see Irene Zhao participating in 'solving' the opaque distribution problem, in her project SO-COL" Ostensibly "The same thing was accomplished, but behind the scenes, all early investors were deceived by reaching a secret agreement with DWF, but the terms of the agreement were not disclosed to them, and the community knew nothing about it."

A brief analysis of new projects

In early June, Jupiter Lianchuang meow published an article introducing its PPP vision: "For me, one of the most important things is to transform cryptocurrency from PVP thinking to PPP thinking. The difference is that PPP (player pump player, mutual aid type ) community hopes that the last person to enter can also win; and the PVP (player vs player mutual cut type) community hopes that the last person to enter will be the liquidity for their exit. By definition, PPP is an infinite game, and PVP is by default. A deep, limited game with a clear endpoint - the last person to take over becomes the fool. "

At the end of June, meow issued an article to further promote the "PPP Meme Token Experiment". Users who plan to participate can leave their address and retweet.

Yesterday, meow retweeted the previous tweet and announced the new project ASIANMOM. meow said, The current Meme tokens have problems with opaque project side allocations, falsely promoted KOLs, project sides, and pre-sale dumping. The new project aims to solve the problem and provide participants with great development and incentives. space.

meow said that the project mechanism and initial airdrop list will be responsible for Jupiter, and the token issuance time will be decided by the Irene Zhao team.

Early Project Controversy

ZachXBT pointed out that the opaque and unfair problem that ASIANMOM wants to solve is the "criminal record" issue that Irene Zhao is controversial about, specifically involving Konomi, IreneDAO and So-Col according to the timeline.

Konomi

Konomi is a cross-chain solution for Polkadot ecological assets. Irene was the chief marketing officer (CMO) in 21. The project token KONO was listed for spot trading on OKX on April 6, 2021. , and was removed from OKX on January 25 this year. The project official website has not released any information for half a year, and Soft Rug has entered the actual "runaway" state.

IreneDAO

On January 15, 2022, Irene released the selfie NFT series IreneDAO. At the time of the NFT craze (such as the Indonesian guy’s selfie in the same period), the floor price exceeded 3 ETH within 3 days, and the five-day trading volume Up to 2100 ETH.

But since then the price has started to fall. The current floor price of this NFT series is 0.15 ETH, and the total historical transaction volume is 2380 ETH, which means that after the transaction volume reached 2100 ETH in the first five days, the transaction volume in two and a half years was only 280 ETH. .

So-Col

So-Col is the project with the most controversy and the most direct problems. So-Col is an NFT social platform created by Irene, and the project token is SIMP.

On March 28, 2023, So-Col announced that it had received US$1.5 million in currency rights financing from DWF Labs (equivalent to selling SIMP to DWF Labs). In the report, Irene said that the tokens have a one-year lock-up period and will be Unlocked in February 2024.

However, this lock-in period is actually ineffective. According to CoinDesk, DWF’s wallet received 3.3 million SIMPs from March 6th to 24th. During the same period, DWF continued to transfer funds to KuCoin, with a total of 260 10,000 tokens, SIMP doubled in a week after the announcement of the financing, and then plummeted 70% on April 4.

Party Response

Under ZachXBT’s comments, meow responded: “The key issues now are project party allocation, known airdrop allocation, and long-term liquidity adjustment. As time goes by, we will Know how this works." But no explanation was given for Irene's problematic accusations.

そしてアイリーン自身も「最近、私に対して多くの虚偽の発言があったので、声明を発表します（投稿時点では直接の返答はありません）。」と述べました。

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