Uniswap Founder Lambasts Celebrities and Politicians Exploiting Blockchain for Scams

BlockBeats News, January 13th, Uniswap founder Hayden Adams commented on the NYC Coin incident involving former New York City mayor Eric Adams, strongly criticizing celebrities and politicians for using blockchain for fraudulent activities. Adams pointed out that celebrities could perfectly well profit from blockchain technology in legitimate ways, such as issuing tokens while maintaining liquidity, providing real value to holders, and ensuring project transparency.

He emphasized that blockchain is "an unprecedentedly powerful tool for collaboration, monetization, and value distribution" being utilized by millions of people worldwide, yet celebrities often leverage it for short-sighted fraudulent schemes. Adams believed that by running blockchain projects honestly, celebrities could not only gain more profits but also protect their reputation and avoid legal action.