Vitalik Buterin, co-founder of Ethereum, has outlined the criteria that celebrity crypto projects need to meet in order to earn his respect. According to Buterin, these projects should have a clear public benefit, such as an art project, a charity favored by the celebrity, or a combination of both. This public benefit should be the primary focus of the project, rather than simply making celebrities and early adopters wealthy.

Buterin also emphasized the importance of having interesting mechanisms beyond token trading. While he is not a fan of token voting DAOs, he acknowledges that they at least provide a way for people to engage in activities and organization. However, he stressed that DAOs should not completely dictate the agenda, but rather have some influence.

Furthermore, Buterin emphasized that the project should produce something that can last for more than 10 years, rather than popping up for a few months and then being forgotten. He believes that the guiding principle should be that even if all the tokens involved in a project eventually become worthless, the ordinary people involved should still be happy they participated. Regular businesses and charities have been achieving this goal, and this is a low standard that what we build should also meet.

Buterin's criteria for celebrity crypto projects are designed to ensure that these projects have a lasting impact and are not just fleeting fads. By focusing on public benefit, interesting mechanisms, and long-term sustainability, these projects can earn the respect of the crypto community and make a positive impact on the world.

In conclusion, Buterin's criteria for celebrity crypto projects are a call to action for these projects to prioritize public benefit, interesting mechanisms, and long-term sustainability. By meeting these criteria, these projects can earn the respect of the crypto community and make a positive impact on the world.