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Reddit's former CEO Yishan Wong responds to the relationship with TERRA tokens, plans to use token fees for tree planting
Foresight News reports that Reddit's former CEO Yishan Wong clarified his relationship with the Bags ecosystem fan token TERRA on the X platform. Yishan initially stated that he had no connection to the token and mistakenly thought it was related to the Terra (LUNA) project. After community members explained that the token is a fan token issued based on Bags for Yishan's environmental project Terraformation, and that the related fees would be donated to support his environmental efforts, Yishan changed his stance and expressed support. Yishan later stated that he would claim the related fees generated by the token in the future and use them for activities such as tree planting.
According to GMGN market data, TERRA's market cap is temporarily reported at $3 million. Foresight News reminds that Meme tokens are highly volatile, so please invest cautiously.