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Central African Republic’s Land Tokenization Plan Tangled in Memecoin Controversy and Deepfake Claims

  • Central African Republic's land tokenization plan, originally a state-backed crypto project, faces controversy linked to a memecoin and deepfake claims.
  • A memecoin 'CAR' symbolizing unity turned questionable, with concerns over centralization and manipulation due to its concentration in few wallets.
  • Issues intensified as Persian media highlighted doubts about an AI-generated video featuring President Touadéra and suspicions around the project's legitimacy.
  • The land tokenization on Solana lacks official legal backing, casting doubt on its legitimacy and positioning the initiative more as a hype-driven experiment with uncertain outcomes.

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