Normie Memecoin Project “Fires Intern” Over Offensive Video, Apologizes for Content
Normie, a memecoin project built on Coinbase’s native blockchain Base, removed an offensive video posted on its official X account by allegedly firing the intern responsible on June 10.
The promotional video, which sparked widespread disapproval within the crypto community, depicted a blue-skinned cartoon chef dancing with heavily exaggerated full lips, prompting strong criticism from the crypto community.
Normie clarified that the video’s intended message was to convey that “there is always a way out, even when everything is coming at you, and that positive change begins with oneself.” However, they acknowledged that the execution unintentionally triggered a sensitive topic.
After careful consideration and internal reflection, we have decided to remove our last video.
The intended message was to demonstrate that there is always a way out, even when everything is coming at you, and that positive change begins with oneself. It was never our intention…
— Normie (@NormieBase) June 10, 2024
The Normie team released a statement on X regretting the incident and apologized to those offended by the content.
Responding to Normie’s apology, one user questioned the decision to blame the intern ,
“How is this the intern’s fault?” the X user questioned. “Did he make and post the whole video himself? Did your team not approve it? Fire whoever should’ve been helping the intern and allowed that to happen.”
The NORMIE price reached a peak market cap of $130 million on April 2. On May 26 at 3:55 am UTC, its price plummeted over 99% to three hours following a flash loan attack.
The flash loan attack exploited a flaw in Normie’s contract tax mechanism. The attacker borrowed a large amount of cryptocurrency without collateral, manipulated
Read more on cryptonews.com
