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The creator who took away 1 million dollars from X once launched a Memecoin.

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Foresight News
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1 month ago
AI summarizes in 5 seconds.

On X, issuing tokens seems to be the end of everything.

Written by: Eric, Foresight News

In the early hours of February 4, 2025, Beijing time, X announced the results of its $1 million creator competition launched two weeks ago. This event was limited to users in the United States, where participants were required to write an original article of at least 1,000 words. The article with the highest readership among X paid users' "homepage timeline" would win the million-dollar prize.

With the precedent of "How to Completely Change Your Life in One Day" garnering 170 million views, many speculated that the winning article would likely be a similar "self-help" piece. However, the answer was unexpectedly surprising yet reasonable.

Making Money Writing Articles

The creator who became a millionaire through a single article on X goes by the username Beaver, and his article titled "Deloitte, a $74 billion cancer metastasized across America" received 45 million views.

The winning article is an in-depth investigative report exposing scandals within the U.S. government. The author uncovered a history of "collusion between officials and businesses" involving hundreds of billions of dollars by analyzing public documents such as federal contracts, state contracts, recorded breach events, lawsuits, and audits: Deloitte has received a total of $40 billion in contracts from federal and state governments over the past 20 years, but the various systems it developed, including unemployment benefit application systems, either lost hundreds of billions due to system vulnerabilities or were abandoned after budget increases.

In summary, the government spent $40 billion on systems that resulted in a total loss of $34 billion. Even more alarming is the frequent employee movement between Deloitte and the U.S. government, which has allowed Deloitte to infiltrate all aspects of the government, "like cancer cells spreading into the bloodstream," continuously siphoning taxpayer money without a trace and unable to be eradicated.

Flipping through Beaver's account, you'll find that its main theme is "concern for the country and the people," with topics almost entirely related to government, politics, and people's livelihoods. Additionally, Beaver launched a website SomaliScan that compiles public data on government budgets, expenditures, federal grants, labor force, and a series of politically related information, including political donations. The corrupt relationship between Deloitte and the government was concluded through the analysis of this data.

On February 3, Beaver also organized the contents of the massive "Epstein Files" released on the website into a complex relationship diagram.

Interestingly, this political commentator issued a meme token SS (9NrkmoqwF1rBjsfKZvn7ngCy6zqvb8A6A5RfTvR2pump) for the website on January 2 of this year. The token performed unremarkably upon its release, but after Beaver's article gained tens of millions of views, it reached a peak on January 28 and surged again when the winners were announced today. Comparing the dismal performance of SS with the $1 million prize, this may be a rare example of "making money writing articles rather than trading tokens."

Beaver stated on January 25 that the prize money from this competition would be entirely used to purchase SS, with 10% of the total supply reserved for hackathons, 20% locked, and Beaver keeping only 4.5%.

It is certain that Beaver is not a "crypto person," as the market cap of less than $4 million indicates that this meme coin lacks popularity. Those likely to spend real money on SS are probably supporters of Beaver and SomaliScan. It is worth mentioning that the SomaliScan website also has donation channels supporting Bitcoin, Ethereum, SOL, and XMR donations. If you enjoy the excitement and don't mind the trouble, you can support this "democratic fighter" who dares to expose scandals within the U.S. government.

Common Topics Among Netizens: Politics, Money, and Emotions

The Chinese internet has three enduring topics: political trends, economic conditions/how to make money, and personal emotions.

The event launched by X, limited to U.S. users, coincidentally corresponds to these three points in the top three articles:

  • The winning article "Deloitte, a $74 billion cancer metastasized across America," discusses government corruption in the U.S.;
  • The runner-up article "A Detailed Explanation of President Trump's Tariff Strategy: Step by Step Guide on How to Operate," derives an investment strategy in response to changes in Trump's tariff policies;
  • The third place (official favorite) article "Complete Guide: How to Achieve Extreme Focus," is another self-improvement piece from Daniel Koe.

High readership Chinese articles on X also revolve around these topics.

If you read these articles closely, you'll find that they do not use particularly fancy language; they mostly present facts and reasoning, satisfying readers' emotional or practical needs. For creators, the conclusion is quite simple: at least on the X platform, to gain more exposure, you either tell a new story that no one knows, whether about yourself or social issues; or you provide a detailed "operating guide," which could be about how to make money, how to adjust your mindset, or even how to find a number as shown in the image above.

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