BlockBeats news: On January 13, 0xSakura Sakura (@0xsakura666), founder of the "Life K-Line" project, posted a statement saying, "The Life K-Line project has successfully launched, but the tokens are indeed unrelated to the product. These tokens were not issued by me. The donations received are used to pay for servers, API access, and the operational team's salaries. Regarding the official foundation, 50% of the donations received will be destroyed, and the remaining 50% will be fully donated to Giggle. As for the BNB transaction fees collected from the previously issued tokens, very little has been used, and all of it can be donated to the foundation and fully transferred to Giggle."
Regarding the tokens accepted for donations, we actually intended to announce them after the product launch. Additionally, we are concerned that accepting certain tokens into Giggle (which might include high-concentration "air tokens" that could be used repeatedly to inflate contributions) could be inappropriate. Only BNB would have real value, and dumping such tokens for sale would be harmful to the community. Therefore, I am still considering whether to accept only BNB or only BSC-based tokens that will be listed on Alpha/Aster. As a result, we did not announce the policy tonight.
Regarding NFTs, after making a donation, you will have a chance to receive one, which grants permanent access to the advanced version of the Life K-line. It symbolizes the goodwill of your donation and serves as a testament to your meritorious contribution, similar to a donation certificate. It cannot be resold.
According to GMGN Market data shows that the Chinese meme coin "Life K-Line" (K Line of Life) in the BSC ecosystem has a provisional market capitalization of $8.66 million, with a 24-hour price decline of 56.5% and a 24-hour trading volume of $25.85 million.