Crypto investor Jeffrey Huang, also known on social media as Machi Big Brother, has announced a new project. This launch follows the failure to boost Friend.tech's price with aggressive buying.
Jeffrey Huang's New Project
Jeffrey Huang is actively involved in various crypto and NFT projects, known for his large-scale investment approach. This time, he uses a Bored Ape avatar in his new project, continuing to promote the MAYC and BAYC NFT collections. The new token launch is inspired by the drama around meme tokens, where presales and team allocations often hurt retail buyers.
MACHI Token: Features and Goals
The new Machi Big Brother token promises to be special—it will be intended for peer-to-peer payments and will be launched on the Baseline Markets platform. Machi emphasizes the importance of a fair start without allocations to the team and venture capitalists. The token is expected to use Baseline Markets technology and function on the Blast blockchain.
Plans and Prospects for Machi Big Brother
Machi Big Brother has had several well-known projects like Mithril and Cream Finance. The new project promises to eliminate the danger of rug pulls and will partner with Wasabi Protocol for decentralized margin trading. Machi also plans to collaborate with Baseline Markets, which may increase the number of users on the Blast platform, which currently has $106M in wrapped Ethereum and about 846M in locked value.
Machi Big Brother continues to surprise with his active participation in new crypto projects, promising new features and solutions for his users. Time will tell how the new MACHI token evolves.
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