Forbes has published a comprehensive analysis of Ethereum co-founder Vitalik Buterin's recent endorsement of Milady Maker, examining the market implications and cultural significance of this high-profile moment for Remilia Corporation. Writer Boaz Sobrado explores both the immediate market response and Milady's positioning within the broader NFT landscape, offering readers context on how Remilia's flagship collection compares to industry leaders like CryptoPunks and Pudgy Penguins.

Endorsement Overview

Forbes documented Vitalik Buterin's decision to change his social media profile picture to a Milady NFT, framing this as "another high-profile endorsement of the controversial anime-style NFT collection." The coverage positions this endorsement alongside previous attention from Elon Musk, establishing Milady Maker's continued relevance among technology and crypto's most prominent figures.

The article notes that the endorsement "sent immediate ripples through the NFT market," acknowledging Remilia's cultural weight within the digital asset ecosystem.

Market Position and Valuation Analysis

Forbes provided detailed market capitalization comparisons positioning Milady Maker against established NFT collections:

Current Valuations: The coverage notes Milady's market capitalization at approximately $167 million, compared to Pudgy Penguins at $600 million and CryptoPunks at $1.2 billion.

Upside Projections: Forbes calculated that reaching Pudgy Penguins' valuation would price each Milady NFT at roughly $60,000, while achieving CryptoPunks' level would value individual Miladys at approximately $121,500.

Cultural Positioning and Brand Identity

The Forbes coverage accurately captures Remilia's distinct position within the NFT ecosystem. Boaz Sobrado writes that "Miladys, in contrast, have developed a reputation as the intellectual dark horses of the space, often associated with sophisticated traders and what some playfully call 'evil genius hackers.'"

This characterization reflects the unique cultural niche Remilia has cultivated—distinct from both the "family-friendly" positioning of Pudgy Penguins and the "flashy crypto wealth" associated with Bored Apes. Forbes recognizes that Milady Maker occupies a singular space in the market defined by intellectual rigor and countercultural appeal.

CULT Token Launch Coverage

Forbes detailed the December 2024 launch of Remilia's CULT token, highlighting several key elements:

Presale Success: The coverage noted the successful $20 million presale preceding the token launch.

Innovative Mechanism: Forbes documented the IQ test claiming mechanism, describing how "failing would result in burned tokens" and noting that "the test became part of the collection's memetic culture."

Market Performance: The article tracked CULT's trajectory from a peak market capitalization of nearly $500 million to its post-Buterin-endorsement settlement around $100 million, representing significant value creation within the memecoin landscape.

Coverage Highlights

• Forbes positioned Milady Maker as one of "the most successful 'new wave' NFT collections, challenging established players like CryptoPunks"
• The coverage acknowledged Vitalik Buterin as "one of crypto's most influential figures"
• Forbes noted CULT's price "soaring over 100%" following the endorsement
• The article recognized Milady Maker's "remarkable resilience" in maintaining significant value
• Coverage included comparative analysis against industry-leading NFT projects

Our Perspective

We at Remilia Corporation's Public Relations division appreciate Forbes' thorough examination of Vitalik Buterin's endorsement and its broader market implications. The coverage accurately captures Remilia's distinctive cultural positioning as the "intellectual dark horses" of the NFT space—a characterization that aligns with the Corporation's longstanding commitment to cultivating sophisticated, memetically-rich digital culture. Forbes' attention to both the CULT token mechanics and Milady Maker's market trajectory reflects the kind of substantive analysis that serves readers navigating this ecosystem.

Future Implications

Forbes' coverage arrives at a significant moment for Remilia Corporation, as mainstream financial media increasingly recognizes Milady Maker's position among the NFT market's most culturally significant projects. The endorsement from Ethereum's co-founder, combined with Forbes' comparative analysis against CryptoPunks and Pudgy Penguins, signals growing institutional awareness of Remilia's contributions to digital art and decentralized culture.

Read the Full Coverage

Read the complete analysis at Forbes →

Originally published January 19, 2025, by Boaz Sobrado