Snapshot Proposal: Azuki DAO Seeks Accountability for Misconduct Allegations
Members of the Azuki decentralized autonomous organization (DAO) have initiated a Snapshot proposal to hold the project’s founder accountable over allegations of misconduct. The accusations stem from the release of Azuki’s Elementals collection, which launched last month and was criticized for its similarity to the original set sold in 2022.
Main breakdowns of key points:
– Azuki’s latest collection, Elementals, sold out in less than 15 minutes, raising 20,000 ETH ($39.4 million).
– Buyers complained that the new collection was too similar to the original Azuki PFPs sold in 2022.
– The DAO proposal aims to hire a lawyer to sue the co-founder, Zagabond, and seek a refund of 20,000 ETH.
– Zagabond had previously abandoned three NFT projects, generating controversy.
– Over 60% of the DAO members have voted in favor of the proposal.
Hot Take: The Azuki DAO Seeks Justice for Alleged Scam
The Azuki DAO is taking action against Azuki’s founder over allegations of scamming the community. The Elementals collection’s similarities to the original set have caused frustration among buyers. The DAO proposal aims to file a lawsuit, retrieve a refund, and support the project’s growth. While the DAO is not an official organization, it claims to support the project. The Azuki team has acknowledged their mistakes and promised to make things right. This incident highlights the need for accountability and transparency in the crypto and NFT industry.
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