James Howells Abandons $480M Bitcoin Hunt, Launches DeFi Token
– James Howells abandoned a 12-year quest to recover 8,000 Bitcoin ($480M) lost in a Welsh landfill, shifting focus to a DeFi token project.
– Previous excavation attempts failed due to council rejections and environmental concerns, prompting his pivot to decentralized finance.
– The new token emphasizes storytelling, community engagement, and decentralization, mirroring crypto values and his personal journey.
– His shift reflects Web3 trends of transforming setbacks into innovation, potentially inspiring others facing crypto-related losses.
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