XRP community clashes with Yellow project after $10 million-backed token launch

Yellow, a newly launched blockchain project that previously attracted $10 million in personal investment from Ripple co-founder Chris Larsen, has become the subject of sharp criticism within the XRP community following the debut of its native token. Community members raised concerns after noticing significant token sales originating from a wallet tied to the project’s developers soon after the listing. Yellow released its token simultaneously on both the Ethereum and XRP Ledger (XRPL) networks, aiming to capture users on major blockchain platforms. However, the absence of a direct technical bridge between these two networks, combined with strong early demand, resulted in the token’s price being much higher on XRPL than on the Ethereum network in the first hours following the launch.

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