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A cryptocurrency charity project burned 464 BNB (approximately $420,000), which has sparked quite a bit of discussion in the community. Some feel heartbroken and say it's a pure waste of money. But from another perspective, the underlying principled issue might be more worth paying attention to.
The real situation is this: certain rug-pull projects attempt to directly tie the project founder’s charitable IP to funds, trying to turn him into a signal-boosting tool. Once they compromise and accept this money, the charity project would be reduced to a marketing tool, and its long-term reputation and credibility would be completely shattered.
The act of burning BNB this time is actually saying: I refuse to be hijacked. For a project focused on charity, protecting its independence and credibility is far more important than short-term financial gains. This is also why more and more Web3 projects are beginning to emphasize principled issues—because in a decentralized ecosystem, reputation is the most valuable asset.