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You've probably heard about Remilia Corporation and their wild NFT journey by now. The studio behind Milady Maker really knows how to make waves in the crypto space. But the real story? It's all about Charlotte Fang, the guy steering this whole operation.
So who exactly is Charlotte Fang? He's this avant-garde artist and accelerationist theorist who basically built an entire art-industrial empire from scratch. His path wasn't smooth though. Back in 2021, Fang jumped into the NFT game with a meme coin-like series called Yayo, but it fizzled out pretty quick. Instead of giving up, he went back to what he knew best – art.
Then in August 2021, Charlotte Fang and his crew launched Milady Maker, a neo-chibi NFT collection with 10,000 pieces on Ethereum. Their strategy was simple: just add a Minecraft server to the roadmap. Sounds crazy, but it worked. The collection sold out and started building serious momentum. By April 2022, the floor price hit 1.55 ETH. Everything looked golden.
But here's where it gets messy. In May 2022, some old X account associated with Fang started posting racist and homophobic content. The backlash was brutal. Charlotte Fang got absolutely canceled, and the Milady floor price tanked. He later admitted the account existed and claimed it was all "performance art," apologizing for the whole mess. The community was shaken, but they stuck around.
The real comeback moment came in May 2023 when Elon Musk tweeted about the Milady meme. Just like that, the floor price shot back up, even surpassing previous highs. By August 2023, Milady Maker became the third most expensive 10k NFT PFP collection. Then another scandal hit – Charlotte Fang filed a lawsuit against three team members in September 2023. But because the community had that cult-like vibe, it didn't cause massive FUD. He eventually dropped the case.
Now, despite all the drama, Milady Maker remains one of the most traded NFT collections out there. And Charlotte Fang wasn't done. Earlier this year, he and the team launched $CULT, their new meme coin. It was a massive push – the token had a 10 billion supply cap, with over half allocated to the "Cult fund." The team took 15% with an 18-month vesting period, and 20-35% went to the Remilia treasury. Milady and Redacted Remilio holders got an exclusive airdrop too.
At the time of launch, $CULT exploded to an $845 million FDV. But if you're checking the current price, things have shifted dramatically. The coin is trading way lower now, with a fully diluted valuation around $4.25M. Charlotte Fang's journey from controversy to comeback to launching new projects shows just how unpredictable the NFT and crypto world really is. Love it or hate it, you can't ignore what's happening with Remilia Corporation and their ecosystem.