On January 13, Uniswap founder Hayden Adams commented on the NYC token scandal involving former New York City Mayor Eric Adams, strongly criticizing celebrities and politicians for using blockchain technology for fraud. Adams pointed out that celebrities can legally profit from blockchain technology, such as issuing tokens while maintaining liquidity, providing real value to token holders, and maintaining project transparency.
He emphasized that blockchain is an "unprecedentedly powerful tool for collaboration, monetization, and value distribution," used by millions worldwide, yet celebrities often use it for short-sighted fraud. Adams believes that by operating blockchain projects honestly, celebrities can not only gain more revenue but also protect their reputation and avoid legal action.
