#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 being criticized for selling 10% of its allocation. In response to the controversy, Aiccelerate DAO has announced it will implement a vesting structure for individual allocations and is discussing similar measures for advisor allocations with advisors. The project’s account on X has also been suspended, the reason for which is currently unknown.

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Analysis

Aiccelerate DAO (AICC), a project focused on crypto artificial intelligence with an estimated value of $150 million, has faced controversy due to its token allocation structure. Some insiders who participated in the presale quickly sold their allocated tokens. Bankless Ventures was criticized for selling 10% of their allocation in what was called a "rash mistake," later buying the tokens back. In response to the controversy, Aiccelerate DAO announced it would implement 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 for this action currently unknown. The move is intended to address criticisms about the token allocation structure and ensure the fairness and long-term value of the token allocation.

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There are issues with Aiccelerate DAO's token distribution structure, which has drawn criticism from the community.

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Some insiders who participated in the Aiccelerate DAO presale quickly sold their token allocations, resulting in losses for some investors.

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Aiccelerate DAO will add vesting structures to address the token distribution issue.

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Aiccelerate DAO is discussing with advisors how to implement vesting structures for advisor allocations.

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