On April 11, Li Jieming, CEO of the e-sports club RNG, said in an interview with Zhiwei that RNG had no money and could even disband immediately and declare bankruptcy. Li Jieming said, "We hope to get a short-term recovery by issuing cards, NFTs, and interesting digital people, but related to fans. We will give the rights to fans. For example, if you buy cards or NFTs, you have a certain level of knowledge and participation rights. We hope to let fans participate in the operation and decision-making of the club... We are designing how to protect such rights and interests, and set up a path to allow this matter to proceed legally and compliantly in China. Roughly speaking, the money raised by the short-term goal can pay off part of the debt, and strive for half a year to cultivate our medium-term goal: to make a game version of "Oriental Selection"... Within three months, we will issue NFTs, and fans will participate together to make short-term goals. In half a year, we will gradually start the game's Oriental Selection, so it will be about 8 months, and RNG's financial situation will improve."
Catherine
