#Aiccelerate DAO Adjusts Allocation Structure#

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Overview

Aiccelerate DAO (AICC) has recently sparked controversy due to its presale allocation structure, with some insiders rapidly selling their token allocations. Bankless Ventures has been criticized for selling 10% of its allocation due to an "impulsive mistake." In response to the controversy, Aiccelerate DAO has announced that it will implement a vesting structure for individual allocations and is discussing with advisors how to make similar adjustments to advisor allocations. The project's X account is currently suspended for unclear reasons.

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Analysis

Aiccelerate DAO, a DAO focused on crypto artificial intelligence, has sparked controversy following its launch, as some insiders who participated in the presale quickly sold their token allocations, including Bankless Ventures, which was criticized for selling 10% of its allocation due to a "rash mistake." In response to these criticisms, Aiccelerate DAO announced that it will 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 also suspended on Saturday, for reasons currently unknown. This move aims to address community concerns regarding token allocation and potential conflicts of interest, and to improve the project's transparency and credibility.

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There are issues with the token distribution structure of Aiccelerate DAO, which led to insiders quickly selling tokens, causing controversy.

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Aiccelerate DAO will add vesting structure to prevent insiders from quickly selling tokens and respond to criticisms.

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Bankless Ventures was criticized for its token distribution sale and repurchased tokens.

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Aiccelerate DAO's X account has been suspended for an unknown reason.

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