Milady’s latest endeavor involves the launch of the Meme Phone, a special edition device tailored for owners of Milady Meme Coin (LADYS). This release is positioned as a testament to the project’s dedication to innovation and creativity, as outlined in its roadmap.

In the initial phase, the project plans to unveil 100 Meme Phones. Purchasers of these phones will enjoy exclusive perks, including the distribution of 1 million LADYF for each phone bought, along with a distinctive NFT for identification. The price tag for such a phone stands at 2 Solana (SOL), equivalent to $364 at the current valuation.

Prior to this initiative, the Milady NFT project successfully raised over $18 million in SOL. Although the presale of the new meme coin Milady Wif Hat achieved its funding goal, the team opted to refund the surplus funds to investors, veering away from the intended use of SOL meme coins.

However, recent developments have revealed challenges for the project. Milady and Remilia founder Charlotte Fang disclosed a security breach of Treasury addresses in March, resulting in significant financial losses. Fang attributed the breach to an “unknown malware” that infiltrated her password manager, granting access to all seed phrases and facilitating the theft of approximately 850 Ethereum (ETH) from Remilia’s treasury.
However, recent developments have revealed challenges for the project. Milady and Remilia founder Charlotte Fang disclosed a security breach of Treasury addresses in March, resulting in significant financial losses. Fang attributed the breach to an “unknown malware” that infiltrated her password manager, granting access to all seed phrases and facilitating the theft of approximately 850 Ethereum (ETH) from Remilia’s treasury.

Launched in 2021, Milady comprises a collection of 10,000 NFT images featuring an anime profile crafted by Fang. The project gained notable attention in May 2023 when Tesla CEO Elon Musk publicly endorsed Milady NFTs, leveraging images from the collection in a meme shared online.