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Founder of Life K Line Project Clarifies No Issuance of Meme Coin, Unrelated to Related Tokens and Products
Summary: According to reports, the founder of the Life K Line project, 0xSakura, stated that the project has successfully launched, but the coin is not related to the product. The donations received are used to pay for servers, APIs, and the operational team's salaries. Regarding the official foundation, 50% of the donations received will be burned, ...
According to reports, the founder of the Life K Line project, 0xSakura, stated that the project has successfully launched, but the coin is not related to the product. The donations received are used to pay for servers, APIs, and the operational team's salaries. Regarding the official foundation, 50% of the donations received will be burned, and the other 50% will be donated to Giggle. As for the BNB transaction tax from previous tokens, not much has been used and can be donated to the foundation or Giggle.
Regarding the tokens received as donations, they will be announced once the product is launched. Additionally, donating certain tokens to Giggle may not be appropriate due to potential high control of the token supply, so converting them to BNB would be more beneficial. I am still considering whether to only accept BNB or only accept BSC tokens from Alpha/Aster upon launch, hence no announcement tonight.
Regarding NFTs, donors may have the opportunity to receive permanent access to all premium versions of the Life K Line project as a symbol of their goodwill and merit, similar to a donation certificate, which cannot be resold.
According to GMGN market data, the BSC ecosystem Chinese Meme coin Life K Line has a market value of $8.66 million, with a 56.5% decrease in the past 24 hours and a trading volume of $25.85 million in the same period.
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Link: Founder of Life K Line Project Clarifies No Issuance of Meme Coin, Unrelated to Related Tokens and Products [Copy]
