#Aiccelerate DAO adjusts allocation structure#

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Overview

Aiccelerate DAO (AICC) has sparked controversy due to the rapid selling of tokens by insiders during its presale, with Bankless Ventures facing criticism for selling 10% of its allocation. In response to these criticisms, Aiccelerate DAO announced that it will implement a vesting structure for individual allocations and is discussing with advisors on how to implement a similar structure for advisor allocations. The project's X account has also been suspended for unclear reasons.

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Analysis

Aiccelerate DAO (AICC) has sparked controversy due to its token distribution structure. Some insiders, such as Bankless Ventures, who participated in the project's presale, quickly sold their allocations after the token launch, leading to community criticism of "rug pulls." In response to these criticisms, Aiccelerate DAO announced it will be implementing a vesting structure for individual allocations and is discussing with advisors how to implement a similar structure for advisor allocations. The project's X account was suspended on Saturday, with the reason currently unknown. This adjustment aims to increase transparency and fairness in token distribution and address community concerns over the token distribution structure.

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Aiccelerate DAO's token distribution structure has problems, leading to insiders quickly selling tokens, causing controversy.

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Aiccelerate DAO will implement a vesting structure to prevent insiders from quickly selling tokens and increase the long-term value of the token.

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Aiccelerate DAO's X account has been suspended, for unknown reasons.

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Aiccelerate DAO will discuss with advisors how to implement a vesting structure for advisor allocation.

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