2026-01-14 11:39:10

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.

BNB0,28%

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ApeShotFirst

· 8h ago

Wow, this is really incredible. 464 BNB just burned like that? I initially thought it was a stupid move, haha. Oh my god, this is true toughness. Refusing to be played by the local dogs, not backing down. This guy really earns my respect for his credibility.

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POAPlectionist

· 8h ago

This guy really held it together, burning through 420,000 just like that. Honestly, I would have compromised long ago. But to be fair, there aren't many in the circle who are truly willing to go this far for credibility. Most just talk about principles. This is what Web3 should look like—much better than those who are always harvesting profits from newcomers.

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DegenMcsleepless

· 8h ago

$420,000 can be burned at will, now that's real courage. Much more clear-headed than those project teams who sell their souls for a few coins.

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PebbleHander

· 8h ago

Honestly, I have to give him a thumbs up for this move. Although spending 420,000 sounds painful, there's really no room for compromise. In the community, we still need people with such temperaments; otherwise, it would have been completely fallen apart long ago. Reputation is more valuable than the coin’s value, it's that simple.

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HodlVeteran

· 8h ago

Hey, this guy still has integrity, much better than the project teams I took over back in the day. --- Burning 420,000 just to avoid being kidnapped? I can't figure this deal out, but it definitely shows character. --- Really, if everyone in this circle had such integrity, we wouldn't be so badly harvested as retail investors. --- Experienced traders have been crashing for years, but I really respect this attitude of just saying "no." --- Reputation is indeed a hard asset, but unfortunately most project teams are soft; I've seen plenty of them. --- This is better than those projects that kneel daily to big investors and keep changing plans—it's like heaven and earth. --- Basically, it's about refusing to be a signal-sending machine. In Web3, that's a rare species. --- Burning 420,000 is one thing, but if you compromise and the entire project turns into a marketing account, that's a real loss.

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FadCatcher

· 8h ago

This guy really has guts. He’s willing to burn 420,000 just to avoid being hijacked by those local dogs. I’m impressed.

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