#Aiccelerate DAO Restructures#
Hot Topic Overview
Overview
Aiccelerate DAO (AICC) has sparked controversy due to the rapid selling of token allocations by insiders during its presale, with Bankless Ventures facing criticism for selling 10% of its allocation in what it described as a “rash mistake.” In response to the controversy, AICC announced it will implement a vesting structure for individual allocations and discuss implementing a similar structure for advisor allocations. The project’s X account was also suspended on Saturday for unknown reasons.
Ace Hot Topic Analysis
Analysis
Aiccelerate DAO (AICC), a DAO focused on crypto AI, has sparked controversy after launch, as some insiders who participated in the presale quickly sold off their token allocations, including Bankless Ventures selling off 10% of its allocation. In response to these criticisms, Aiccelerate DAO has 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 as well. The project's account on X has also been suspended for unclear reasons. The implementation of vesting structures aims to prevent insiders from quickly selling off tokens, thus stabilizing the token price and strengthening investor confidence in the project.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Aiccelerate DAO adjusted its structure to respond to criticism of the project's launch, particularly the quick selling of tokens by insiders.
Aiccelerate DAO will implement a vesting structure to limit the sale of individual token allocations and is discussing with advisors how to implement a similar structure for advisor token allocations.
Aiccelerate DAO's X account has been suspended for unknown reasons.
Bankless Ventures was criticized for selling 10% of its allocation and later repurchased the tokens.