Decentralizationbail-in! Overseas anti-Communist KOL Mr. Li uses $LI coin to escape the shadow of censorship

(This article is reproduced from the encryption city <The largest anti-communist KOL, Teacher Li, launched a coin! LI coin relies on encryption to escape the Chinese Communist Party's repression and defend freedom of speech>, original author: Max)

Teacher Li's team issued $LI encryption coin to self-rescue decentralized finance, ensuring media can continue to report on Chinese current affairs and break through government regulation and financial pressure.

Documentary exposes the dark underbelly of China's united front work, prompting overseas KOLs to seek 'encryption funding' for survival

The documentary film released by Taiwanese internet celebrities Ba Jiong and Chen Boyuan (Minnan Wolf) has once again ignited discussions about the Chinese Communist Party's efforts to influence Taiwanese internet celebrities. In the film, interviewees reveal that the Chinese Communist Party entices some Taiwanese creators to spread information favorable to Beijing through subsidies, connections, and manipulation of platform traffic. This has not only caused an uproar in Taiwan's public opinion but also raised concerns among Chinese-language media worldwide about the Chinese Communist Party's methods of suppressing freedom of speech. As this issue continues to ferment, the largest anti-communist KOL overseas, the X account '李老師不是你老師' operated by Chinese artist 'Li' residing in Italy and his team, announced the issuance of the $LI encryption currency to escape various pressures through decentralized financial means, in hopes of defending press freedom and freedom of speech.

Teacher Li: The encryption ecosystem seeks transformation, and the foundation's architecture enhances transparency.

As a prominent media account in the international Chinese community, Teacher Li, who is not your teacher, has 1.879 million followers and an annual page views of 6.5 billion. When reporting on protests in mainland China in the past, it provided on-site information from all over the country, which was quoted by mainstream media worldwide, becoming an important channel for overseas Chinese media to focus on current Chinese affairs. However, the team faces suppression in reality, with members facing security threats and difficulties in fundraising.

Image source: X 'Teacher Li is not your teacher' has 1.879 million followers on X

To get rid of external interference and provide independent and real-time information reporting, the team has decided to issue $LI tokens on the Solana blockchain. This will establish a foundation structure, with the foundation funds managed by a multi-signature wallet and operate in a fully transparent manner. The team emphasizes that this is a breakthrough based on blockchain technology and decentralized finance (DeFi), hoping to continue their media business through the power of the general public rather than official funding.

Self-rescue from external intervention, emphasizing decentralization and fairness

$LI As a meme coin, supported by the Pump.Fun platform, it can be fairly issued, and the team has no additional issuance authority, using a combined curve pricing model to ensure price transparency. The total token issuance is 1 billion, and the contract address has been announced. The team will hold 25.8% of the tokens for the foundation and team members, to support team operations and the future development of overseas Chinese cultural communities. This 'decentralized self-rescue' model aims to establish a funding channel that is not easily interfered with by any country or official authority, to assist the stable voice of the media account and other constrained creators.

In the future, the governance model of $LI allows token holders to vote on which projects and cultural creations to support, aiming to create a multi-party governance and positive cycle ecosystem. Through transparent on-chain contract rules, financial records, voting decisions, etc., the credibility and fairness of the entire support network are ensured.

Break the information blockade and advocate for the global Chinese community to create together

The documentary of Bajiao highlights the diverse and ingenious methods of China in penetrating public opinion and suppressing information, whether it is subsidizing Taiwanese internet celebrities or operating cross-border media. As the largest overseas anti-Communist KOL, the 'Teacher Li is not your teacher' team's launch coin action symbolizes a counterattack: through the decentralization characteristic of issue coin currency, to break free from political supervision, increase financial autonomy, ensure media independence in reporting, and promote democratic values. The team stated that this move is not only to seek survival space for themselves but also to promote the positive growth of the overseas Chinese cultural ecosystem. As the global Chinese community's demand for news authenticity and freedom of speech heats up, encryption assets and blockchain technology are providing them with a self-rescue channel. Ultimately, if the power of the people can be gathered to give back funds and resources to media groups with real social value and independent perspectives, it will help Chinese users worldwide to fear no censorship, access diverse information, and safeguard the bottom line of press freedom.

This article Decentralized self-rescue! Overseas anti-communist KOL Teacher Li borrows $LI coin to escape censorship shadows first appeared on Chain News ABMedia.

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· 2024-12-19 09:22
Short Li
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