#Aiccelerate DAO Re-Ownership Structure#
Hot Topic Overview
Overview
Aiccelerate DAO (AICC) has sparked controversy over the rapid sale of token allocations by insiders during its presale, with Bankless Ventures facing criticism for selling 10% of its allocation due to a "rash mistake." In response to the controversy, Aiccelerate DAO announced it will implement a vesting structure for individual allocations, and is discussing similar structures for advisor allocations with its advisors. The project's X account has also been suspended for unknown reasons.
Ace Hot Topic Analysis
Analysis
Aiccelerate DAO (AICC) has sparked controversy due to the rapid selling of token allocations by some insiders during its presale, with Bankless Ventures facing criticism for selling 10% of its allocation in a "rash mistake." In response to the controversy, Aiccelerate DAO has announced that it will implement a vesting structure for individual allocations and is in discussions with advisors on how to implement a similar structure for advisor allocations. The project's X account was suspended on Saturday, the reason for which is currently unknown. This move aims to address investor concerns over insider token dumps and bolster investor confidence in the project. The implementation of a vesting structure means token holders will have to gradually unlock their tokens over a period of time, reducing the possibility of rapid selling and creating a more stable environment for the project's development.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
The launch of Aiccelerate DAO sparked criticism over the rapid sale of token allocations by insiders.
Bankless Ventures was criticized for selling 10% of its allocation in a "rash mistake" and later repurchased tokens.
Aiccelerate DAO will implement a vesting structure for individual allocations in response to criticism.
Aiccelerate DAO is discussing with advisors how to implement a vesting structure for advisor allocations.