Caitlyn Jenner Introduces Olympic Gold Medal Inspired Token on Base

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Hongji Feng

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Hongji Feng

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Hongji is a crypto and tech reporter. He graduated from Northwestern University's Medill School of Journalism with a Bachelor's and a Master's. He has previously interned at HTX (Huobi Global),...

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August 4, 2024

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Caitlyn Jenner is launching an Olympic gold medal-inspired token on an Ethereum layer-2 Base.

According to a social media post by Jenner, the token will be available starting August 8 with no starting price and will be valued by the market. The MEDAL token represents a fractional share of her Olympic medal’s value and will integrate with existing JENNER coin holders.

First Olympic Gold Medal NFT

Although the non-fungible token (NFT) is inspired by the gold medal, owning MEDAL does not grant any rights to the physical medal itself, which remains in Jenner’s possession.

“Well, I have been in this space for almost a year now, and I’m constantly looking at new ways that I can help improve this space,” said Jenner. “And here we have a real-world asset that is part of the Olympics and part of history.”

On her social media, Jenner stated that this project would deploy the ERC-721 NFT contract to showcase the token’s uniqueness and then allow for the fractionalization of the 100,000,000 ERC-20 tokens.

This ERC-721 maps to the provable metadata of the RWA (Real World Asset) including a legally binding contract signed by Caitlyn Jenner-custodian- (stored on IPFS) showing ownership of the real Olympic Gold Medal.

— Caitlyn Jenner (@Caitlyn_Jenner) August 5, 2024

“There’s never been an NFT of a gold medal digitally put out there for you to get involved with,” said Jenner. “It’s part of history.”

As the Bitcoin Conference 2024 wrapped up in Nashville, she also announced that she would speak at the next event in 2025.

Bitcoin Conference 2025 Goes to Las Vegas

On July 30, BTC Inc., the conference organizer, announced that the next event would be held in Las Vegas.

“Las Vegas has experienced an incredible transformation over the last few years, establishing itself as a hub for entrepreneurship, technological innovation, and economic growth,” said BTC Inc. CEO David Bailey.

“The decision to move this historic event to Las Vegas not only highlights our state’s burgeoning position as a major financial and technological hub, but also our passion for welcoming innovators to our state,” said Nevada Governor Joe Lombardo.