Caitlyn Jenner will launch a token project called MEDAL on the Ethereum Layer-2 network Base, according to PANews. The project will be launched on Thursday, and investors can split digital parts of her 1976 Olympic gold medal. The MEDAL token supply is 100 million, mapping the provable metadata of the legal contract signed by Jenner to own the actual Olympic gold medal.
Jenner said the project is her innovative attempt in the crypto space and hopes to bring positive attention to the crypto industry. Although the MEDAL token represents the value of the gold medal, it does not give ownership of the actual item. JENNER coin holders will have some involvement in the project, but no specific details were disclosed.
Earlier news, Olympic medalist Caitlyn Jenner launched 12 Meme coins in the past four days, making a profit of about $405,000.