### Aiccelerate DAO Responds to Criticism#

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Overview

Aiccelerate DAO (AICC), a DAO focused on encrypted AI, has sparked controversy after some insiders who participated in the project's presale quickly sold their token allocations. Notably, Bankless Ventures faced criticism for selling 10% of its allocation due to what it called an "impulsive mistake". In response to the controversy, Aiccelerate DAO stated that it will be implementing a vesting structure for individual allocations and is discussing with advisors on how to handle advisors similarly. The project's X account was also suspended on Saturday for an unknown reason.

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Aiccelerate DAO (AICC) has sparked controversy due to rapid token dumps by insiders during its presale, with Bankless Ventures receiving criticism for selling 10% of its allocation due to a "rash mistake." In response to these criticisms, Aiccelerate DAO announced it will implement vesting structures for individual allocations and is discussing with advisors on how to implement similar structures for advisor allocations. The project has also suspended its X account, the reason for which is currently unknown. This move aims to increase transparency and accountability and alleviate investor concerns over rapid token dumps by insiders.

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The launch of Aiccelerate DAO has drawn criticism over insiders quickly selling off their token allocations.

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Bankless Ventures was criticized for selling 10% of its allocation in what it called a "rash error" before later repurchasing the tokens.

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Aiccelerate DAO will implement a vesting structure for individual allocations and is in discussions with advisors on how to do the same.

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Aiccelerate DAO's X account has been suspended, with no current reason given.

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