So Remilia Corporation's been making waves again. Their Milady Maker NFT collection basically became a cultural phenomenon, and now they're back with this new $CULT token that's been getting attention. Let me break down what's actually happening here.

The guy behind all this is Krishna Okhandiar, known as Charlotte Fang in the art world. His journey in crypto is genuinely wild – started with this meme-like NFT called Yayo back in 2021, which didn't really take off. But then he pivoted and created Milady Maker in August 2021, a 10k neo-chibi NFT collection on Ethereum. The strategy was simple: Minecraft server roadmap. It worked. By April 2022, the floor hit 1.55 ETH.

Then things got messy. May 2022 hit different – turns out Krishna Okhandiar had some old X account posts that were pretty controversial. Racist and homophobic content surfaced, and the community wasn't happy. The floor tanked. He admitted it, called it performance art and toxic baggage he needed to move past. Honestly, it could've ended the whole thing right there.

But Elon Musk tweeted about Milady in May 2023, and suddenly it was back. The collection became one of the top 3 most expensive 10k PFP collections. Even with the drama from September 2023 when Krishna Okhandiar sued some team members, the Milady community stayed loyal – they're pretty cult-like, which actually makes sense given what came next.

Earlier this month, the team launched $CULT. The token had a 10 billion supply cap, with over half going to the "Cult fund," 15% to the team (18-month vesting), and 20-35% to the Remilia treasury. Milady and Remilio Babies holders got an airdrop. Current numbers show $CULT trading at extremely low levels with a market cap around $3.19M and FDV at $4.13M – way different from the launch hype.

What's interesting is how Krishna Okhandiar managed to keep building despite the controversies. The Milady Maker floor is now at a solid level, and even though $CULT didn't moon like people expected, the ecosystem keeps evolving. Whether this is actually sustainable or just another crypto narrative cycle... that's the real question.