So there's this guy Charlotte Fang who basically built one of the wildest NFT empires despite being constantly embroiled in drama. His studio Remilia Corporation dropped Milady Maker back in 2021, and honestly, it became a phenomenon in the NFT space. But Charlotte Fang's journey has been anything but smooth.

The Milady collection was genius – 10,000 neo-chibi NFTs on Ethereum with a simple roadmap (just a Minecraft server) that somehow worked. By early 2022, the floor price hit 1.55 ETH and things looked unstoppable. Then everything blew up. Turns out Charlotte Fang had some seriously problematic posts on an old X account – racist, homophobic content. The community was shaken, floor prices tanked, and Fang faced major backlash. He claimed it was all "performance art" and apologized, but the damage was real.

What's wild is that Charlotte Fang didn't just disappear. When Elon Musk tweeted about Milady in mid-2023, the collection bounced back hard. It eventually became one of the top 3 most expensive 10K PFP collections. Even after a lawsuit against some team members in late 2023, the Milady ecosystem kept growing.

Now Charlotte Fang is back with $CULT, a new meme coin that launched recently with massive ambitions. The token allocation includes a "Cult fund" making up over half the supply, 15% for the team (18-month vesting), and 20-35% for the treasury. Milady and Remilio NFT holders got exclusive airdrops. Currently, $CULT is trading at minimal prices with a market cap around $3.50M, but the fully diluted valuation sits at $4.50M.

It's a fascinating case study in how even the most controversial figures in crypto can rebuild and innovate. Charlotte Fang's story is basically the ultimate redemption arc meets cautionary tale – you can't ignore the past, but you also can't let it define your future.