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A new meme coin inspired by the popular Mickey Mouse cartoon and named Mickey (MICKEY) has entered the crypto market.
The launch of the altcoin comes after the first-ever cartoon of Mickey Mouse, Steamboat Willie, entered the public domain on Jan.1
Just hours after the cartoon aged out of U.S. copyright protection, MICKEY was minted on the Ethereum blockchain.
“Mickey is and always will be a timeless icon of culture,” the project’s website says. “Meme coins have become a digital reflection of culture. The launch of the Mickey token not only marks his release into public domain but also the beginning of a new adventure into the unknown.”
The First Public Appearance Of Mickey Mouse
“Free at last, free at last.”
1.1.2024 at 00:00 EST
Mickey Token (MICKEY) is live.Contract: 0xE57A26f5a007968F0fCA7a156333bF082841E94D
SOON holders can now swap their SOON for MICKEY at the ratio of 1:1
link: https://t.co/8DDOcTQFBf
DO NOT SEND TOKENS to the contract pic.twitter.com/9BudkmIl3c
— Mickey Token (MICKEY) (@MickeyMemeToken) January 1, 2024
Under U.S. copyright laws, character rights are protected for 95 years. Steamboat Willie was released in 1928 and was directed by Walt Disney and Ub Iwerks. The cartoon also marked the first appearance of the iconic cartoon character.
Despite the 1928 version now being in the public domain, Disney says it will continue to safeguard their rights over the modern iterations of the cartoon character. Other works linked to Disney that are still covered by copyright will also be safeguarded.
MICKEY Is Not Owned By Any Entity Or Individual
Imagine claiming to be the "real" Mickey meme token and not having the real domain: https://t.co/8DDOcTQFBf
Couldn't be us. pic.twitter.com/8S8H6l0HbV
— Mickey Token (MICKEY) (@MickeyMemeToken) January 1, 2024
The MICKEY token has a circulating supply of 192,800,000,000 and the project’s website claims that there is no tax, no premine, no presale and no team allocation associated with the project.
Liquidity for the project has also been locked, according to the team, while the token’s smart contract has been renounced. This means that the contract is not owned by any single entity or person.
The market cap for MICKEY is still low at just $6,500. Given the volatility commonly associated with the meme coin market and MICKEY’s youth, the altcoin’s price may stand the risk of dropping as quickly as it climbs.
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