TechFlow news, January 13 — Uniswap founder Hayden Adams commented on the $NYC token incident involving former New York City mayor Eric Adams, strongly criticizing celebrities for exploiting blockchain technology to conduct scams. Adams pointed out that celebrities could legitimately profit from blockchain through lawful means such as issuing tokens while maintaining liquidity, delivering real value to token holders, and ensuring project transparency.
He emphasized that blockchain is an "unprecedentedly powerful tool for collaboration, monetization, and value distribution," currently used by millions worldwide, yet celebrities often misuse it for short-sighted fraudulent activities. Adams believes that by honestly operating blockchain projects, celebrities can not only achieve greater financial returns but also protect their reputations and avoid legal liabilities.
