The documentary by Bajiong exposes the dark undercurrents of China's united front work, prompting overseas KOLs to seek survival through 'crypto funding.'
Taiwanese influencer Bajiong and Chen Boyuan (Minnan Wolf) recently released a documentary on united front tactics, reigniting discussions on the CCP's attempts to recruit Taiwanese influencers for public opinion infiltration. In the film, interviewees reveal how the CCP uses subsidies, connections, and platform traffic manipulation to entice some Taiwanese creators to disseminate information favorable to Beijing. This not only sparked outrage in Taiwanese public opinion but also alerted the global Chinese media community to the CCP's methods of suppressing speech once again. Just as this matter continues to evolve, the largest anti-communist KOL overseas—Chinese artist 'Li' living in Italy and his team operating the X account 'Teacher Li is not your teacher'—announced the issuance of the cryptocurrency $LI, aiming to escape various pressures through decentralized financial means, hoping to defend news and freedom of speech.
Teacher Li: The crypto ecosystem seeks transformation, and the foundation structure enhances transparency.
Teacher Li is not your teacher. As a flagship media account in the international Chinese community, it has 1.879 million followers and an annual view count of 6.5 billion. In the past, it provided real-time information from across the country when reporting on protest activities in mainland China, gaining citations from mainstream global media and becoming an important channel for overseas Chinese media to focus on Chinese current affairs. However, the team faces severe repression in reality, with members facing safety threats and difficulties in funding operations.
Source: X 'Teacher Li is not your teacher' has 1.879 million followers on X.
To avoid external interference and to continue providing independent, timely news reports, the team has decided to issue the $LI token on the Solana blockchain. This move will establish a foundation structure, managed by a multi-signature wallet to control the flow of foundation funds, operating in a fully transparent manner. The team emphasizes that this is a breakthrough based on blockchain technology and decentralized finance (DeFi) methods, hoping to continue their media endeavors through the power of the public rather than official funding.
Self-rescue from external intervention, emphasizing decentralization and fairness.
$LI, as a meme coin, is supported by the Pump.Fun platform, can be fairly issued, and the team has no right to create more tokens, adopting a joint curve pricing model to ensure price transparency. The total issuance of the token is 1 billion, and the contract address has been announced. The team will hold 25.8% of the tokens for the foundation and team members, to be used for team operations and future support for the development of the overseas Chinese cultural community. This 'decentralized self-rescue' model aims to establish a funding channel that is free from national and official interference, assisting this media account and other repressed creators in maintaining their voices.
In the future, the governance model of $LI will allow token holders to vote on which projects and cultural creations to support, aiming to form a multi-party co-governance ecosystem with positive circulation. Through on-chain publicly accessible contract rules, financial records, voting decisions, etc., the credibility and fairness of the entire support network will be ensured.
Breaking the information blockade, advocating for co-creation within the global Chinese community.
Bajiong's documentary highlights the diverse and sophisticated methods of China's infiltration of public opinion and information suppression, whether subsidizing Taiwanese influencers or manipulating cross-border media. As the largest anti-communist KOL overseas, the token issuance action by the 'Teacher Li is not your teacher' team symbolizes a counterattack: through the decentralized characteristics of cryptocurrency, they aim to free themselves from regime oversight, enhance financial autonomy, and ensure that media can continue to report independently and promote democratic values.
The team stated that this move not only seeks survival space for itself but also helps to promote the positive growth of the overseas Chinese cultural ecosystem. As the global Chinese community's demand for news authenticity and freedom of speech intensifies, crypto assets and blockchain technology are providing them with a self-rescue channel. Ultimately, if they can gather public support to channel funds and resources back to media organizations with genuine social value that can provide independent insights, it will empower global Chinese language users to confront censorship, access diverse information, and safeguard the baseline of press freedom.
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'The largest anti-communist KOL Teacher Li issues a token! The LI coin escapes the CCP's control through crypto, defending freedom of speech.' This article was first published in 'Crypto City.'