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Gate Square New & Returning Creator Rewards are ongoing!
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According to Fortune, former New York City Mayor Eric Adams announced that he will launch a cryptocurrency called "NYC Token" after leaving office. The project aims to raise funds to combat anti-Semitism, anti-American sentiments, and promote blockchain education for children. Adams introduced the token to the public in Times Square but did not disclose partners, issuance date, fund usage, or specific mechanisms, only stating that ordinary New Yorkers can participate in the investment. During his tenure, Adams was a strong supporter of the crypto industry but also faced controversy over moral and conflict of interest issues. The new mayor, Zohran Mamdani, has explicitly stated that he will not purchase the token.