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Uniswap Founder: Celebrities Using Blockchain for Fraudulent Activities is Extremely Foolish
Summary: Uniswap founder Hayden Adams posted on X platform, stating that celebrities and politicians resorting to fraudulent means when cashing out on blockchain is extremely foolish. Celebrities can easily monetize without conducting a Rug Pull by releasing tokens, maintaining liquidity pools (LP) stability, creating utility functions like holder meetups or governance voting, and being transparent with ...
Uniswap founder Hayden Adams posted on X platform, stating that celebrities and politicians resorting to fraudulent means when cashing out on blockchain is extremely foolish. Celebrities can easily monetize without conducting a Rug Pull by releasing tokens, maintaining liquidity pools (LP) stability, creating utility functions like holder meetups or governance voting, and being transparent with the public about transaction details and risks. Blockchain provides powerful tools for coordination, monetization, and value distribution, with millions of users globally and more assets being tokenized, with real businesses being built on top of it. However, some celebrities behave like scammers when using blockchain, not realizing that all transaction records are publicly transparent.
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Link: Uniswap Founder: Celebrities Using Blockchain for Fraudulent Activities is Extremely Foolish [Copy]
