Aiccelerate DAO promises to introduce Token locking mechanism in response to internal personnel dumping controversy

2025-01-12 00:35:10

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According to the news from TechFlow, on January 12th, Aiccelerate DAO (AICC), an AI investment organization in the field of encryption, has sparked controversy due to some internal personnel rapidly dumping tokens after the project was launched. It has now committed to implement a token lock-up mechanism. The project raised 943 SOL (approximately 175,000 USD) on the Daos.fun platform on the Solana network, with 75,000 USD coming from VIP investors. The project’s market capitalization has reached 150 million USD, nearly 1000 times the initial financing.

Bankless Ventures repurchased its 10% Token share after being criticized by the community for dumping. The project’s co-founders include Markus Jun, Ejaaz Ahamadeen, and anonymous user Ropirito. Shaw Walters, the founder of Eliza Labs, donated 50% of his Token share to ai16z DAO, distributed 20% to other contributors, and his 5 SOL investment has risen to about 2 million dollars.

SOL2.61%

FUN-2.12%

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