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Bepisman: A Cautionary Tale of Concentration

Here we observe the remains of Bepisman, a token that achieved the remarkable feat of consolidating 100% ownership among merely eight holders—a gravitational collapse of decentralization rivaled only by neutron stars. With zero liquidity and a 24-hour volume barely sufficient to purchase a modest lunch, this creature expired not with a bang, but with the whimper of eight wallets staring at their worthless bags. The authorities, though revoked in a performative gesture toward legitimacy, could only watch as natural selection claimed yet another poorly-conceived offspring of the blockchain.