Unveiling the NFT series Milady founder: 'Cult Leader' or 'encryption Culture Shaper'?

Author: Pix

Compiled by Wenser, Odaily Star Daily

Editor's note: As the founder of the Non-fungible Token series Milady, Charlotte Fang has attracted a lot of attention with her controversial remarks and multiple roles in the industry. Some say that she has created a distinctive Non-fungible Token culture community through Milady, while others consider her a spokesperson for extreme ideologies. On June 13, the issuance of her Meme coin CULT ended, raising a total of 5861.8 ETH, but the specific plan for Token issuance has not yet been announced as the project's official account is currently in daily maintenance.

This article is an introduction to Charlotte Fang's past experiences, providing readers with a preliminary understanding of this unique story, known as the "Non-fungible Token cult leader".

Charlotte Fang's Past: The Wind Starts from the Beginning

He has built the largest Non-fungible Token 'CULT' (due to the enthusiastic emotions and Meme content displayed by the Milady community members, as well as the extreme admiration for Charlotte Fang herself), but controversies and scandals related to him have been continuous. He has been criticized and even insulted by many in the industry for extreme remarks incidents. However, recently, he has still raised over 20 million dollars in the fundraising stage of the latest Meme coin project CULT. Here are many of his unknown stories:

The past of serial entrepreneurs: The Milady project is not the first "entrepreneurship"

Charlotte Fang (formerly known as Krishna Okhandiar) first project was not Remilio or Milady, but a Non-fungible Token similar to Meme coin called Yayo (according to her own disclosure). However, this project existed for a very short time. Later, she returned to her beloved field of encryption art.

In August 2021, the Milady project was officially founded. It is a unique and cartoonized Non-fungible Token series, and the only thing on its roadmap is to build a server similar to Minecraft. Surprisingly, this roadmap plan has indeed gained market favor.

Milady Pixel Style Minecraft Server

The Non-fungible Token series quickly sold out and then gradually expanded its ecosystem. By April 2022, the floor price of Milady had risen to 1.55 ETH, entering the second-tier blue-chip Non-fungible Token ranks. Just when everything seemed to be running smoothly, something unexpected happened.

Source of controversy: Social experiment enthusiasts or extremists?

Before entering the encryption art field (of course, not just art), perhaps Charlotte Fang was fond of some strange performance art? He himself called it a 'social experiment' called 'Miya' - the protagonist is a virtual identity existing as a girl, and its Twitter account posted a large amount of content related to racism, homophobia, and white nationalism. In May 2022, the founder of DefiLlama revealed that Charlotte Fang was the mastermind behind the account. For a while, the NFT and encryption fields were quite shaken, and the Milady Floor Price quickly experienced a big dump.

Milady price once big dump to 0.26 ETH

Later, Charlotte Fang turned a deaf ear to the outside voices and showed an indifferent attitude, refusing to engage in dialogue with the outside world on this matter.

But later, he changed his mind - he published an article countering accusations of previous racism and other extreme remarks, claiming that the content posted on the virtual girl's social media account was just a form of 'performance art,' and he is not a believer in these extreme remarks and ideologies. There is a lot of misunderstanding from the outside world regarding his remarks and actions.

Is it really just a misunderstanding?

From market feedback, many people do choose to believe his rhetoric - Milady Floor Price re-pumps, and criticism in the Non-fungible Token and Cryptocurrency fields is gradually decreasing.

Milady and Remilio have a community similar to a 'cult'. Despite many controversies, many holders chose to sell, but there are still some core community members who chose to stand with Charlotte Fang and continue to stay in the Milady community. These people helped the project survive in the 'crypto winter' of 2022.

For about a year, Milady's floor price has remained relatively stable, and the volume has been very active. And at this time, another amazing thing happened.

Musk's Butterfly Effect: A New Meme Symbol is Born

On May 10, 2023, Elon Musk posted a tweet with Milady internet memes, and the text of the internet memes was 'There is no meme, I love you.' (Note: The watermark in the lower left corner of the image is from a certain internet memes website imgfli.com).

Elon Musk's unintentional move opened up Milady's imagination space

Milady's floor price follows the big pump.

And in the course of in-depth research, Musk found a way to Milady internet memes, perhaps through the X platform's tweets. (One speculation)

According to Charlotte Fang himself, perhaps Musk read and quoted his research and related opinions on technologies such as VR, AR, and accelerator direction.

After three months, Milady became the Floor Price second only to Cryptopunks and BAYC in the 10K PFP Non-fungible Token series.

Milady Floor Price performance

Just as the excitement was gradually subsiding, new twists and turns were already brewing.

Team infighting: a hasty and inconclusive end

In September 2023, Charlotte Fang sued three internal members of the Milady Maker team.

As for the specific development and detailed information about this matter, the outside world knows little about it.

What we know is that earlier this year, Charlotte Fang herself voluntarily withdrew the lawsuit.

And now, despite numerous controversies, lawsuits, and even internal conflicts, Charlotte Fang has still achieved remarkable results:

· Milady still ranks among the top (Floor Price around 4th place) in the existing 10 K PFP Non-fungible Token series;

· Previously, through the pre-sale activity of Meme coin CULT, the project raised $20 million in funding;

· As a Non-fungible Token with certain influence and popularity both at home and abroad, Milady is one of the few blue-chip Non-fungible Tokens that frequently receive Airdrops.

At the end of the story, do you think Charlotte Fang is the instigator of the "cult" or a misunderstood prodigy?

It is worth mentioning that the style of Charlotte Fang's daily tweets is quite unique. It can be seen that he is quite familiar with gaining attention on the Internet, and each tweet looks like a "fanatical declaration" of the Milady community.

As for how CULT Token will perform in the future, and whether he will conduct his "social experiment" again, we will wait and see.

Charlotte Fang recent tweet content