2026-01-13 00:08:47

Former New York City Mayor Eric Adams announced the launch of a cryptocurrency project called "NYC Token" after stepping down. He introduced the token to the public at Times Square, claiming it is primarily used to raise funds to combat anti-Semitism and anti-American sentiments, while also promoting blockchain education for children.

It sounds ambitious, but the details are a bit vague. Adams did not reveal who the partners are, when exactly it will be issued, how the funds will be used, or how the mechanism is designed—it's basically a directional announcement. He only stated that ordinary New Yorkers can participate in investing, but the specifics of how to participate will be clarified later.

Such tactics are not uncommon in the crypto world—project teams often release big news to attract attention first, with details to follow. However, as a token project endorsed by a former politician, whether the NGC Token can be implemented, how it will operate, and whether it can truly serve the community are key issues to watch in the future.

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LiquidationSurvivor

· 16h ago

Hmm... It's the old routine again, first hype the concept and then fill in the details. When political figures endorse it, you have to be even more cautious. Politicians creating coins? Isn't that just like those rug pulls before? They dare to shout in Times Square without any details—how confident they must be. Wait, can he really make this thing happen? Feels like a warning for air coins. Anti-Semitism, children's education... this packaging is also top-notch, the excuse is very grandiose. Shouting in Times Square doesn't mean the project is valuable. I remain cautious.

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PhantomMiner

· 01-13 00:38

Another storytelling politician enters the scene, with all the details saying "Stay tuned." I've seen this routine too many times. If it can truly be implemented, then it's a win. The vibe of the Times Square press conference... feels a bit like hype-building, huh?

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EthMaximalist

· 01-13 00:37

Same old trick, first hype up the buzz then reveal the details, a classic crypto playbook. Politicians entering the crypto space, now this is getting interesting... Let's wait and see if they get rug pulled or not. All the details are shrouded in fog, the flow of funds is unclear, something's not right. Citizens of New York becoming victims? I kind of want to laugh. Trust a former official's endorsement? Wake up. I've seen this kind of atmosphere too many times before, most likely ending in a failure. Moral coercion combined with token issuance, a perfect combo. People are political figures, can they really master this in the crypto world? Doubtful. Another "for the community" excuse... do you believe it? How can everything be tokenized? This is just too crazy.

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FlashLoanKing

· 01-13 00:33

Hmm... Same old story, hype first and then details? I'm really convinced when political figures get involved in crypto. All the details are mysteries, how can I believe it? Shouting once on Times Square can raise funds, that's impressive. They're about to cut the leeks again, just with a different shell. Wait, anti-Semitic, anti-American sentiments... using crypto to fight back? How can this logic be so absurd? A pancake without landing is a scam; let's see how he spins this. These politicians really treat the crypto world as an ATM. Sounds good, but I just want to see the list of partners and the flow of funds. So issuing tokens can save the world? That's hilarious.

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DustCollector

· 01-13 00:27

It's the old routine of first amplifying the news and then filling in the details. Politicians playing in the crypto space is really unbelievable. The involvement of politicians in the crypto world always feels a bit off. It's easy to boast on Times Square, but actually putting money into action is difficult. I've seen this routine too many times in other projects... first hype the concept, then talk. It's both fundraising and education, the gimmick is quite strong, but how much can actually be achieved is hard to say. Why does it seem like all crypto project spokespeople are like this, with all the details coming later? Adding tags like anti-Semitic and anti-American really makes it obvious, feels like riding the hot topics. I think it's suspicious—no partners, no timeline, just waiting for someone to take the fall. I don't touch projects with missing details; too many risks.

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