That's right, it's the Enron company that went bankrupt due to financial fraud over twenty years ago, and now they want to issue tokens!
This company had an influence in the financial sphere twenty years ago that was no less than the impact of the FTX incident on the crypto sphere two years ago~
Enron was also well-prepared, having registered a new Twitter account back in May this year, but only started being active today.
Enron registered a new Twitter account back in May this year, but only started being active today.
The first post was a declaration of return, followed by an official statement:
"Enron today announces its restart, committed to solving the global energy crisis. With a bold new vision, Enron will leverage cutting-edge technology, human wisdom, and adaptability to address the significant challenges of energy sustainability, accessibility, and affordability. Key pillars of Enron's vision include permissionless innovation: decentralized technology is continuously advancing, and we will certainly play an important role in its future development."
Then it listed its four major advantages:
1. Adaptability as an Advantage - Recognizing that the energy landscape is constantly changing, Enron is committed to continuous innovation and agility to meet the evolving demands of renewable energy, energy integration, and climate adaptability.
2. Leading by Example - Enron's leadership team is committed to establishing high ethical standards in business practices, transparency, and sustainability, serving as a model for corporate global responsibility.
3. Forgiveness and Progress - Acknowledging the past, the calm restart is built on a renewed commitment to integrity, prioritizing collective development and learning in a forward-looking manner.
4. Solving the Energy Crisis - Enron will focus on scalable and sustainable solutions, including investments in renewable energy infrastructure, cutting-edge energy storage, and advanced power distribution systems.
It’s like a wealthy ex-boyfriend, who cheated and broke up, saying to you: give me another chance.
Would you be willing to believe it?
For us in the crypto circle, as long as you have money to pump, nothing else matters~
Enron has been paying attention to crypto for quite a while, perhaps recently seeing Ripple, a company with no performance, managing to reach a market value of hundreds of billions just by issuing tokens, and even escaping SEC penalties.
So, Enron really can't sit still, right?
When FTX went bankrupt and liquidated, Enron sighed about being born at the wrong time:
Recently, with favorable crypto policies, the energy sector that Enron excels in is one of the tracks that A16Z has long been optimistic about, known as 'distributed energy'.
To be honest, Enron was quite strong back then and became the largest natural gas seller in North America.
It's just that in the pursuit of further development, they took too big a step and got into trouble.
At that time, Enron traded various assets under its 'Enron Online', providing over 1,500 types of commodity trading from electricity and natural gas spot markets to complex derivatives.
If the business could last until now, it would definitely be a solid exchange.
However, Enron's specific actions have not yet been released; the official website is currently just a countdown, saying that something big will happen in 7 days:
The good show has just begun, let's see what other strange characters will jump out~