archtects.eth

おはよ #おはミコ #FF14 #ミコッテ

Recently, there have been many misconceptions and false claims circulating about the launch of a meme coin called BAN, and I want to clarify what happened and clear the air. 9 days ago I launched a token called BAN on the Pump. Fun platform as a spontaneous project and a personal hobby completely unrelated to my role at Sotheby’s. (Sotheby’s has no affiliation whatsoever with the token.) I had no expectations for it to gain the level of attention it did, and its rapid growth was unexpected, driven solely by the community without any intervention from me. “Comedian” is an artwork I consider highly significant, as the absurdism of the work raises very interesting questions about the nature of art and value. The conceptual questioning of value in “Comedian” is what inspired me to create the BAN token, as the token embodies a similar satirical critique and offers a pointed commentary on the volatile, meme-driven crypto market. However, I did not promote BAN or encourage anyone to buy it. Initially, I chose to launch the token anonymously, not wanting to associate it with my personal profile or professional affiliations. I didn’t even verify if my wallet could be traced, which shows how little I anticipated the token would attract attention. It was when the community noticed my affiliation to the creation of the token that this narrative was pushed to promote the token without my involvement, encouragement, or approval. When I created BAN, I shared the link with a small group of friends with whom I often exchange NFT and memecoin projects, again without advising them to buy it, as I never expected this token, coming from an anonymous wallet, to gain any notice. This is why there are some wallet connections between this group and the creator’s wallet. Recently, a tweet suggested that I made $1 million in profit, which is completely false. The wallet in question does not belong to me, and most of this amount was unrealized value. It is also publicly visible on-chain that I burnt 3.7% of the supply I held in my creator wallet. (Transaction id: solscan.io/tx/3uAktWVxxmVXkA…)