Uniswap founder sharply criticizes NYC token launched by former New York City mayor: Celebrities and politicians foolishly use blockchain for fraud an...
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TL;DR
Uniswap founder Hayden Adams criticizes the NYC token launched by former mayor Eric Adams, calling it terrible and stupid. He argues celebrities and politicians could legally profit from blockchain without fraud, but instead act like foolish con artists unaware of public transactions.
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UniswapAMMDecentralized Exchange (DEX) TokenGovernanceNYC tokenblockchain criticismHayden AdamsEric Adams
According to Mars Finance, Uniswap founder Hayden Adams commented on the NYC token launched by former New York City Mayor Eric Adams on the X platform. Adams stated that from any perspective, it was utterly terrible and incredibly stupid. It's sad that celebrities and politicians could easily monetize their fame without fraud. They could legally profit from blockchain technology without damaging their reputation or getting into legal trouble. Adams pointed out that blockchain has created unprecedented and extremely powerful tools for coordination, monetization, and value distribution. It exists, is functioning, is used by millions globally, is increasingly tokenizing assets, and is building real business models. However, when celebrities use blockchain, they essentially act like foolish con artists, unaware that transactions are public.