A look into Milady Maker, its controversial rise and the heated discussions it has sparked in the crypto space.
Elon Musk recently sent the Milady Maker NFT project surging: he tweeted about the Milady NFT collection, prompting the trading volume to explode.
The word ‘Milady’ is a traditional term used to address an English noble woman. But what exactly is the Milady NFT collection?
This article will explain:
- The Milady NFT collection.
- The Milady meme coin LADYS.
- Who is behind Milady?
- The controversy around Milady.
What Is the Milady Maker NFT Collection?
The Milady NFT project is a controversial collection of 10,000 generative anime-style portraits of women, each with different traits and rarities. The NFTs are minted on the Ethereum network and can be traded on platforms like OpenSea. Although renowned within CT, the collection gained further recognition after Elon Musk tweeted about it, causing a surge in demand and price.
The Milady NFT collection also works by creating a cult-like community around the NFTs, offering various perks and incentives to the holders. Some of these include:
- Milady VRtube: A service that allows holders to use their NFTs as virtual avatars for streaming or video calls.
- Milady Raves: Exclusive parties for holders in major cities like NYC, London and Tokyo.
- Miladycore Bootlegs: A merch store that sells knockoffs of designer cosmetics with Milady logos.
- Milady Minecraft Metaverse: A customized Minecraft server for holders, featuring NFT-gated land plots and events.
The Milady NFT project also works by riding on the hype and attention of influential figures like Elon Musk.
What Is the Milady Meme Coin (LADYS)?
The LADYS Milady Memecoin has a total supply of 888 quadrillion tokens, of which 50% were burned at launch. The token has a deflationary mechanism that rewards holders and penalizes sellers. Every transaction has a 10% fee, of which 5% is redistributed to all holders and 5% is added to the liquidity pool.
The LADYS token is considered a memecoin. It was not launched by a publicly doxxed team. The roadmap promises three phases, with Milady Merchandise, Milady Academy and Milady Tools as part of the final phase.
The connection between the LADYS token and the Milady NFT collection is not clear. The memecoin could be a part of a larger marketing strategy to create hype and attract investors. However, the token claims to only pay homage to the NFT collection.
Who Is Behind Milady Maker?
Miladys was created by a crypto-based business called Remilia Collective, which claims to be a “copylefted brand” that supports a “thriving ecosystem of derivative projects.” However, the identity and intention of the developers behind Remilia Collective are not clear, as they have not revealed themselves publicly or provided any contact information.
The most notorious figure behind Milady is Charlotte Fang, also known as Charlie Fang or Charlemagne, who was the self-proclaimed CEO of Remilia Collective until Fang stepped down in May 2022. Fang admitted to be behind a toxic and offensive Twitter account called Miya, which posted slurs and conspiracy theories.
Fang claimed that the online persona was a form of performance art and satire, and that Fang did not hold any hateful views. Fang also claimed to want to create a counterculture to cancel culture and test the artistic boundaries of NFTs. However, Fang's actions and words caused a lot of damage and backlash to the Miladys NFT collection and its community.
The Controversy Around Milady
The Milady NFT collection is connected to serious allegations of neonazi and grooming references, such as:
- A spin-off collection called “Milady, That B.I.T.C.H.,” featured NFTs wearing shirts with Nazi references.
- The allegations of grooming, suicide, nazism, racism and misogyny against one of the founders, who reportedly manipulated young girls into joining his anorexia cult.
- The association with edgy, esoteric internet subcultures and right-leaning New York hipsters, who use NFTs as a license for online mischief and unfettered expression.
One of the most serious allegations against the Milady NFT collection is that one of its founders, Charlotte Fang, was involved in grooming young girls into joining his anorexia cult. According to some sources, Fang was the leader of a neonazi internet cult called Kaliacc, which promoted antisemitism, homophobia, transphobia, misogyny, genocide, rape and slavery. Kaliacc also allegedly encouraged its members to self-harm and commit suicide.
Another controversy around the Milady NFT collection is that it had a connection to a spin-off collection called “Milady, That B.I.T.C.H.,” which featured NFTs wearing shirts with Nazi references. The spin-off collection was quickly taken down after it sparked outrage and criticism from the crypto community.
However, some attempted to debunk the allegations against the Milady NFT collection and its founder, Charlotte Fang.
The counterarguments were a combination of factors, such as:
- The lack of evidence and credibility of the accusers, who were found to have undisclosed financial interests as rivals of the Milady NFT collection.
- The statements and testimonies of the supposed victims, who spoke out against the cancellation and in defense of Charlotte Fang.
- The explanation and apology of Charlotte Fang, who admitted that his online persona was a form of performance art and satire and that he did not hold any hateful views.
- The support and solidarity of the Milady and wider crypto community, who recognized the project's artistic value and counterculture ethos.
To conclude, Miladys continues to make headlines, thanks to its rollercoaster past and the attention it draws from influential figures like Elon Musk.
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