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Milady Civil War Fog, Founder or Indirect Service to U.S. Intelligence Agencies
Original | Odaily Planet Daily
Author | 0xAyA
Editor | Hao Fangzhou
The NFT market has been in the doldrums for a long time. The only "families" that insist on using NFT as their social media avatar are CryptoPunks, BAYC, Azuki, Milady...
Wait, Milady? ? ?
In the Crypto world, Milady has always been regarded as the master of rebellious spirit, slaying, performance art and madness. His "evil" culture and abstract spirit of deconstructing everything fully express the characteristics of the small circle. (For details, see "Milady before Musk calls for orders: The ultimate "Internet psychopath"")
However, it is such a project that is indifferent to the politics of the outside world, but its internal affairs are in chaos this week.
In the end, is it about money and Title?
On the evening of September 11, Milady founder Charlotte Fang stated on the NFT Reserve. Currently, the X accounts of miladymaker and remilionaire are controlled by this developer.
Charlotte said the relevant members have been identified and will be held accountable to the fullest extent of the law. Minting of Bonkler NFTs is temporarily suspended, and Bonkler’s community vaults, contracts, and NFTs are safe. Other series of NFTs from Remilia, the parent company of Milady, have not been affected for the time being.
However, a few hours later, Milady’s other founder, Remilia creative director, artist Sprite Bonkler💫 (elf) tweeted: “Charlotte is spreading false narratives that have no bearing on reality in an attempt to preempt legal scrutiny and public exposure. Our own malfeasance and misappropriation of Remilia funds. Three weeks ago, we sent a letter to Charles, trying to get him to recognize us as co-founders, provide us with the equity we deserved in the company, and ask him to return the money transferred from the treasury. All funds excepted. In response to our letter, and after Charles' attorneys asked us not to go public with our concerns, Charles filed a lawsuit falsely labeling us 'independent contractors' and 'terrorists.' Charles makes these claims failed to provide an arbitrary contract and failed to attach numerous pieces of information we received from him that substantiated our claims and contradicted his own. We welcome the opportunity to resolve this dispute in court. "
Charlotte responded: "Remilia has no co-founders. From the beginning, I have held sole control of the funding and operations. Prior to the formation of the LLC, I had sole control of the assets used to fund Remilia's operations, and They entered into an agreement with me directly and were paid from funds I controlled. The core team working on Milady and Remilio received a share of the revenue and accepted to join the company in a regular role to continue working, and these people were never at that time or at any time Equity negotiations were held. The lawsuit resulted from the seizure of company property before requiring all of Remilia’s stablecoin and NFT treasury to be transferred to an entity controlled by 5 parties to be equally divided. They threatened to be publicly exposed first and refused to comply with the cease and desist Order or engage in private arbitration. I took action to freeze Bonkler to protect the interests of the community. The developer has no right to retain ownership of the Bonkler contract. Jimbo did receive a letter of intent from a co-founder, but he rejected it at the time."
Both sides insist on their own opinions. What is the background?
It is understood that the Milidy series was first designed by "Elf", and then Charlotte joined and established Remilia. The former is still responsible for art and design, while the latter is responsible for marketing, publicity, community building and other work.
Beyond money and control, the mysterious real identity
Considering the trouble Charlotte has brought to the community before, this dispute seems to be expected.
Charlotte's real identity has been "unboxed" by community members before, and in the copy of the lawsuit issued by Charlotte, this name can indeed be found - Krishna Okhandiarz and the parent company Remilia Corporation LLC. are linked together.
Digging further, WazzCrypto on Correspondence can basically lock the overlap of "two people". According to his employment experience, Krishna Okhandiarz works for a company called Palantir.
What does Palantir do? Forbes wrote in an article published in August 2013:
This is how Wikipedia introduces the company:
At this point, performance art has reflected reality - the founders of non-mainstream communities indirectly help the government to "control or arrest" non-mainstream communities, which has a magical feeling of "the enemy is in the Honnoji Temple".
What do you think? What to do next?
Returning to Rashomon, where the two founders are at odds with each other, industry insiders and community members are also quite vocal about the team division of labor, benefit distribution, and brand positioning of the NFT project represented by Milady.
@vectorized.eth, who leads protocols like Sound.xyz, erc 721 a.org, and others, believes that “compensation can be a very sensitive topic, especially in this space. Until we get some firm numbers, it’s hard to tell just from the lawsuits are being adequately compensated. Artists, marketers, developers all play a key role in the success of the project. However, understand that companies must strike a balance between profit sharing and reinvesting in business expansion. So this is not a It's as simple as dividing profits equally among all core members. If pay is deemed too low, employees should seek other opportunities unless there is a non-compete clause in their contract. If the competition is unfair, don't rock the boat. Just quit."
@_gabrielShapir 0 said, “Charlotte is very persuasive from a legal perspective and he will probably win. Charlotte is a genius in community (cult) building and aesthetics and has advanced the field in many ways. But now the consensus has disappeared, and Milady, which once stood on the opposite side of the 'BAYC gets VC investment' narrative, is now being exposed as a VC-backed commercial company. If Milady wants to survive, it must live up to the anarchy of the Internet. doctrine, and build a future unfettered by non-corporate or personality cults.”
The more cruel reality is that the NFT project that has gone through internal strife in the founding team is like a piece of loose sand that disperses as soon as the wind blows.
As far as short-term market feedback is concerned, the Blur market shows that the floor price of Milady is currently at 2.4121 ETH, a single-day drop of 15.31% and a 7-day drop of 27.27%.
Even if the team shakes hands and makes peace afterwards, can Milady's blown-away spiritual core be able to get back together?