Woofun AI reports that Ansem addressed the controversy surrounding 'Creator Coins,' admitting he previously erred by assuming celebrities shared his moral standards and would not execute rug pulls. He clarified that he is not a celebrity and has no intention of such actions.

Ansem described a model where speculative assets attract new users and provide liquidity during bear markets, eventually directing attention to substantive projects. He pointed to Dogecoin, which grew from zero to an $110 billion market cap, and BONK, which revitalized the Solana ecosystem during the FTX crisis by airdropping tokens to developers. Having entered crypto in 2017 and co-founded Bullpen.fi, Ansem noted this is his first project where he controls the majority of the token supply, contrasting it with previous anonymous teams that exploited his influence.