According to a ChainCatcher report, Uniswap founder Hayden Adams commented on X (formerly Twitter) regarding the recent launch of the NYC token by former New York City mayor Eric Adams. Hayden Adams stated that from any perspective, the event was utterly terrible and extremely foolish. It is sad, he said, that celebrity politicians can easily monetize their fame without resorting to fraud. They could have legally leveraged blockchain technology to generate income without damaging their reputations or facing legal consequences. Hayden Adams pointed out that blockchain has created unprecedentedly powerful tools for coordination, monetization, and value distribution. It is real, functional, and being used by millions of people around the world. More and more assets are being tokenized, and genuine business models are being built on this foundation. However, when celebrities use blockchain, they often act like foolish scammers, not even realizing that transactions are public.
Uniswap Founder Criticizes NYC Token by Former Mayor as 'Stupid' and Fraudulent
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Summary
Uniswap founder Hayden Adams criticized the New York City token launch initiated by former mayor Eric Adams, calling it "stupid" and "fraudulent." He warned that news about token launches often highlights the misuse of blockchain by individuals who lack a proper understanding of it. Adams emphasized that new token projects can be legitimate, but only if they are built on transparency and real value. He argued that blockchain technology enables fair monetization, but warned against projects that take advantage of hype without delivering real substance.
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