According to Odaily, a small group of community members have come together to create a decentralized meme coin named NotWifGary (NWG). This project is a stand against the U.S. Securities and Exchange Commission (SEC) and in support of Ethereum. The coin will be launched on Linea as an ERC20 token, deployed by a multi-signature wallet participated by the original project supporters.
The 12 project supporters who proposed NWG have all publicly revealed their identities, and 100% of the quota will be deployed in a single fund pool. This initiative is a clear demonstration of the community's support for Ethereum and their opposition to the SEC. The launch of NWG on Linea as an ERC20 token signifies the growing popularity and acceptance of decentralized finance and blockchain technology.
The public revelation of the identities of the 12 project supporters adds a layer of transparency to the project, fostering trust among potential investors and the wider crypto community. The decision to deploy 100% of the quota in a single fund pool further emphasizes the community-driven nature of the project. This approach ensures that all funds are equally accessible and managed collectively, reinforcing the decentralized ethos of the project.