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We are excited to announce the launch of our meme coin $LI on Solana to support the continued operation of our account.
$LI will be structured as a foundation, with plans to invite more industry professionals as foundation members. The foundation will manage expenses through a
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We are excited to announce the launch of our meme coin $LI on Solana to support the continued operation of our account.
$LI will be structured as a foundation, with plans to invite more industry professionals as foundation members. The foundation will manage expenses through a multi-signature wallet, ensuring decentralization and operating with complete transparency.
$LI Contract address is: HhUVkZ1qz8vfMqZDemLyxBFxrHFKVSYAk7a6227Lpump.
Our ultimate goal is to help develop and strengthen overseas Chinese cultural communities through positive mechanisms.
Who We Are
@whyyoutouzhele is a decentralized news account on X, operated by Li, a Chinese artist living in Italy, and his team. During the nationwide anti-zero-COVID protests in China in late November 2022, the account received information about protests from across the country, drawing international attention. The account's profile picture is Li's pet cat. Currently, @whyyoutouzhele has 1.87 million followers on X, with 6.5 billion annual views. According to Similarweb, it ranks fourth globally in terms of traffic share on the platform.
Today, it has become one of the most important Chinese media accounts overseas and a crucial source of information for mainstream world media reporting on China. As a news account committed to press and speech freedom, continuously reporting on social events in China, Li and his team members face varying degrees of pressure in the real world. This is a common situation for other teams in overseas Chinese communities. Therefore, we believe that with the flourishing development of cryptocurrency, the crypto community is our future.
Between obtaining funding from government institutions and raising funds through the crypto community, we believe in the power of the people.
Our Vision
Historically, constrained by Chinese media control, numerous high-quality cultural products and many idealistic teams and individuals have been unable to find space for expression due to various reasons. We hope that through the issuance of $LI, after ensuring our team's operations, we can further support the development of overseas Chinese cultural communities, helping and supporting more teams and individuals to realize their dreams. We believe that the positive development of overseas Chinese cultural communities is an important step in defending the news and speech freedoms of Chinese people.
To this end, we will use $LI to establish a foundation to help and support young, idealistic individuals and teams in creating more meaningful and valuable works. Moreover, thanks to the fairness and transparency of blockchain, we can openly and fairly showcase our endeavors as we hope.
Our ultimate goal is to build a decentralized ecosystem for overseas Chinese communities. Any team with ideals and ambitions can showcase their project in the community, with all $LI holders voting to decide whether to support the project.
We will continue to publish our current work and roadmap in upcoming tweets.
What is $LI
$LI is a Meme coin launched on https://t.co/MzdnkJzCqJ, the largest Memecoin launch platform on the Solana chain. Its key feature is the fair issuance of all tokens, with no pre-sale and no team token minting rights. The platform uses a bonding curve pricing model that automatically adjusts prices based on token supply, ensuring price transparency and maximizing platform trust and security. The total token supply is 1 billion, with the contract address: HhUVkZ1qz8vfMqZDemLyxBFxrHFKVSYAk7a6227Lpump
In terms of distribution, the project team holds 25.8%: the Foundation holds 19.5% for team operations and future support of overseas Chinese cultural communities. Team members collectively receive 4%, with Li personally holding 2%.
We promise that the foundation will only sell tokens based on team operational costs.
How to Purchase
Currently, purchasing $LI is similar to other Meme coins. You can access https://t.co/MzdnkJzCqJ via browser or use mobile wallets like OKX or Phantom, searching for the contract address to purchase directly with SOL. We are in talks with more partners to provide additional purchasing methods in the future.
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We’re making routine movements of our crypto holdings as part of regular treasury management, and payment of fees and expenses and to address working capital requirements. To be clear, we are not selling tokens—we are simply reallocating assets for ordinary business purposes.
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