Comrade Chuan Jianguo seems to be a politician, but in fact he is a businessman.
During Trump's last term, he also said that cryptocurrency was a "cow lady", but in this round of the US presidential election, it has become "Tiantian" proposed to build the United States into the global encryption capital.
When everyone thought that when the president took office, he would launch a series of regulations and measures that would be beneficial to the development of the industry. At that time, no one expected that Comrade Chuan Jianguo would end up in person - he issued a coin himself.
According to the official statement, the token is to commemorate Trump raising his fist and shouting the iconic battle cry after being assassinated on July 13, 2024. The heroic figure of "FIGHT FIGHT FIGHT".
This outrageous operation probably made many projects that issued coins completely dumbfounded. I have to admit, it’s still hard to make money.
According to the website "GetTrumpMemes.com", the initial purchase of TRUMP needs to be made through Moonshot, which supports traditional payment methods such as Apple Pay, Visa, Mastercard, and Venmo. As well as cryptocurrency payment methods such as USDC and SOL.
TRUMP coin became a hit as soon as it was launched. CoinGecko’s price data shows that the token started trading at an opening price of $0.1824, and the price rose to $62.83 in one day, and the token FDV has reached $62.89 billion. More than established coins such as TRON, Avalanche, Chainlink, and Shiba Inu. Some netizens described a bigger dream for Comrade Chuan Jianguo. As long as the token rises to 250, he can become the richest man in the world.
Because I talked to many people about decentralization dreams, complex technical routes, and community consensus building Unlike other Wenzhou projects, Mr. Chuan’s token issuance this time is just one word:Sell.
According to the official website of gettrumpmemes, the issuer of this token, 80% of the supply of TRUMP coins is jointly owned by CIC Digital and CIC, affiliates of the Trump Organization. The entity is held by Fight Fight Fight LLC. The initial issuance of TRUMP coins on the first day is 200 million, and the issuance is expected to reach 1 billion within three years, gradually increasing in three years. CIC Digital and its related parties will receive the income generated from TRUMP trading activities, locked in 3-12 months, and will be unlocked in the next 24 months.
This means that if calculated based on the current market value (FDV), the floating profit of the Trump Organization’s accounts has reached 50.3 billion U.S. dollars, which exceeds the Trump Organization’s The Trump family has worked hard for decades to build all their wealth.
It can be said that the outrageous president did outrageous things, it is really outrageous Home.
More importantly, this is outrageous enough to reach Trump’s home. Some media criticized that Trump's immediate exit from "issuing coins" blurred the boundaries between his role and business interests. In essence, he was using the presidency to make profits and create a financial tool to allow people to transfer funds to the presidential family.
Trump’s eldest son Eric Trump posted on the X platform that the token was a move by the family to enter an emerging business field. And said: "The reign of terror against cryptocurrencies is over, and innovation in American cryptocurrencies has just begun."
When people thought he was joking or flattering each other in business, Trump's wife Melania actually started working in the fields and announced the release of her own self-titled MELANIA ……
Same recipe, familiar taste.
People can't help but wonder whether this is the power of love.
What’s even more frightening is that some netizens posted photos of Trump’s family some time ago Taking a group photo, I found that their family has quite a large population.
So that everyone is a little worried that the pocket money on their chain is not enough to buy the coins of Chuan Jianguo and his family.
Except Ridiculously, some partners in the industry believe that this matter still has positive value. For example, the TRUMP currency was issued on a decentralized exchange. This is DEX (decentralized exchange) challenging CEX (centralized exchange). It is a major innovation in the currency circle ecology, and we are optimistic about the "spring on the chain". of the outbreak.
A friend asked lawyer Honglin what he thought about this matter and whether he could sue Trump in the Nanshan District Court. I said that the amount of scrawling in the world makes us a little Can't understand.
While smiling bitterly, I can still share my experience with you from the perspective of a Web3 lawyer. point of view.
MEME is the universal antidote for compliant currency issuance?
In the past six months, most of the friends who came to consult Lawyer Honglin about token issuance did not ask about the token issuance of their own projects. question. After all, this matter has become a standard three-piece package: establish a foundation, establish a laboratory, and obtain a legal opinion. What everyone is focusing on is: Can I send MEME coins?
So if there is any hot spot on the Internet, I will use it. If one MEME coin is not enough, I will buy a few more. Lawyer Hong Lin even has a friend in the currency circle in Shenzhen. They have already put the issuance of MEME coins into assembly line production, SOP standard operations, supplementing from hot topics, social media publicity, promotion of KOL cooperation, offline road shows CX, on-chain brushing The amount can be handled in one stop. Under this scientific division of labor and standardized operations, about four or five MEME coins can be issued every month. Moreover, each MEME coin can only be issued for a maximum of three months, and we will never be reluctant to fight. People have to sigh with one word: Absolute.
I can completely understand this feeling. From the perspective of the project side, traditional serious Web3 projects have to work hard and Carefully write white papers that deceive people, and waste manpower and material resources on technology development. A project will not be realized until it lasts for a year and a half. More importantly, everyone has to worry about the compliance risk of the project all day long.It is risky, but buying MEME coins seems to give you instant freedom. There is no need to try every means to persuade players to participate. You only need to tell everyone calmly, I am just air, are you buying MEME? No, you’re buying the dream of possibly getting rich.
This logic is very self-consistent. I am willing to admit defeat. After all, selling dreams is a yellow cover for Zhou Yu. One is willing to fight and the other is willing to suffer. How can it be called illegal?
Learning MEME from Comrade Chuan Jianguo at the pixel level
This time Comrade Chuan Jianguo used his own personal Practice has given everyone a clue, that is, how should air-type MEME coins be issued?
First, get straight to the point and admit that you are just airFriends who often travel around the world know that you have to support yourself when you go out. This is the same for issuing coins. Don’t worry that your token issuance will not be of use to users. The first iron rule for issuing MEME coins in the currency circle is: Never talk about the use of your thing. The more practical it is, the more dangerous it is.
At the bottom of the official website of this token issuance, there is a line of expression that everyone can imitate at pixel level: "The Trump meme is designed to express the symbol "$ TRUMP” and related artwork is not intended to be or be the subject of an investment opportunity, investment contract or security of any kind. GetTrumpMemes.com is not sexual and is not affiliated with any movement or any office or institution ”
In the "Terms and Conditions" of the official website, it is further explained: "The Trump memes are intended to express the Endorsement of and participation in the ideals and beliefs embodied in the symbol "$TRUMP" and related artwork (the "Artwork") is not intended to be, or be the subject of, an investment opportunity, investment contract or security of any kind by any federal or state agency or agency. any other The institution conveys or endorses the fairness or suitability of Trump memes or purchasing Trump memes, nor does it convey or endorse the advantages of these services.”
Second, it only talks about the risk of losing money, not making money. MaybeThe vast majority of Chinese Web3 entrepreneurs will complain that the mainland is not friendly to token issuance. Then I can only say that you have not tried issuing tokens in the United States. You will face There are many regulations and challenges. After all, the United States has relatively the most complete securities regulatory system in the world. However, the SEC and FBI often find currency-issuing projects to openly extort property.Or the founder physically pledges for mining. My friend named CZ can say that he feels the same way.
So, the second important knowledge point when issuing MEME coins is that you must say that you have nothing to do with securities investment. In the "Terms and Conditions", there are multiple paragraphs that are mentioned repeatedly for fear that users will not see it.
This is what the first paragraph says. “The Trump Meme is intended to express support for and participation in the ideals and beliefs embodied in the symbol “$TRUMP” and related artwork and is not intended to be or be the subject of an investment opportunity, investment contract or security of any kind… You Purchase Trump Memes are intended to express support for and participation in these ideals and beliefs and are not intended as an investment contract or security of any kind. Please note that the price of Trump Memes can be very volatile and you may be affected by it. Sell or otherwise dispose of Trump emoticons We make absolutely no promise or guarantee that the value of Trump Memes will increase or remain the same as if you had purchased it for the same amount. or should not be construed as advice or a recommendation or an invitation to enter into an agreement for any investment purpose. Furthermore, no element of the Services qualifies or is intended to be an offer of securities in any jurisdiction and does not constitute the purchase of shares, securities or otherwise. Offers or invitations to financial products
The second paragraph says this: “Please note that the price of Trump memes can be very volatile, and cryptocurrency price fluctuations may have an impact on the price of Trump memes. Positive and negative effects. The Trump Memes should under no circumstances be considered an investment opportunity, investment contract, or security of any kind, as more fully explained and agreed to above. You bear all risks associated with this... Nothing constitutes or should be construed as financial, investment, legal or other professional advice or recommendations. Trump Meme is not intended or intended as an investment opportunity, investment contract, or security of any kind and should not be considered a financial investment. Furthermore, no element of the Services is or is intended to be a solicitation or an offer to buy or sell securities, financial products or services, or an offer or invitation to buy stocks, securities or other financial products or services in any jurisdiction. . It remains your sole and exclusive responsibility to ensure that the purchase and sale of TRUMP memes and the use of cryptocurrency complies with the laws and regulations of your jurisdiction. ”Third, we only talk about sales, not refunds.
Cryptoassets From a logical point of view, there are currently three major categories in the world, either securities, currencies, or commodities. Then the problem arises. The biggest concern for sellers is the issue of refunds (I believe that entrepreneurs who are doing NFT digital collections have too much experience with this). Mr. Chuan Jianguo predicted your prediction early in the "Terms and Conditions".
"All sales on Trump memes are final and non-refundable. For any Trump memes that are lost, misplaced or inaccessible Therefore, we do not assume any responsibility or liability. "That is to say, we will not be responsible for any MEME coins sold.
What’s even more embarrassing is that Mr. Trump also clearly limited consumers’ rights and interests in the agreement. Because we know that the United States likes collective rights protection the most, in the "Terms and Conditions", it is specifically agreed that users who purchase MEME coins must give up their rights and interests in class actions: "Class Action Waiver: To the extent permitted by law, you Agree that you will not bring up, join or participate in any Any claim, dispute, or class action brought by a Covered Party. You agree to join injunctive relief to stop such action or to remove you as a participant in the action. You agree to pay the attorneys' fees and charges incurred by any Covered Party in seeking such relief. Legal Fees. This provision prevents you from filing, joining, or participating in a class action lawsuit: (i) does not constitute a waiver of any rights or remedies you may have for individual claims other than as a class action in binding arbitration as set forth above; and (ii) is an independent agreement thirty (30) years after the date you first accessed the Site. Provide written notice stating your decision within 1 day to opt out of these dispute resolution provisions. ”
In addition, Mr. Chuan even thoughtfully reminds users that you If there is a tax on this matter, you have to handle it yourself. "You are solely responsible for reporting and paying the taxes that apply to your use of the Services or your purchase, trade or sale of Trump memes."
Careful study of this operation After analyzing it, does it make people feel dissatisfied?
If after reading the above article you feel that you have learned how to issue MEME coins legally and compliantly and get rich overnight, then it is time to show this picture.