AzukiDAO Offers To Recover 20,000 ETH From Azuki Founder ‘Zagabond’

DAO members claim to be from a dedicated group of Azuki enthusiasts, the latest suggestion following the launch of the controversial “Elementals” collection.

A new decentralized autonomous organization that claims to have The “dedicated Azuki enthusiast” team has launched an offer to withdraw 20,000 ETH from Zagabond, the founder of the famous Azuki NFT blue-chip brand.

The proposal, initiated on July 2, revolves around hiring lawyers to take legal action against Zagabond, real name Alex Xu, accused of “blocking” several projects. At the launch of Azuki’s controversial “Elementals” collection, it offered to allocate any funds that were returned to the DAO to “promote the growth of the entire Azuki community.”

The proposal seeks to retrieve $39 million from Zagabond. Source: Snapshot.org

Currently, 88.11% of the DAO’s Bean tokens were used to vote in favor of this action, while 11.9% voted against. The offer is due to end at 6:38 AM UTC on July 3.

Who is AzukiDAO?

However, while there are claims that there are “OG Azuki bearers” in the team, some people setquestionOn the origins of the DAO and its relationship with members of Project Azuki.

In a Twitter thread on July 3, the commenter alias @tytan.eth informed his 19,000 followers that most Azuki holders had never heard of AzukiDAO and assumed it was. “Fake or malicious group”

meanwhile informationAccording to Etherscan, the contract for the “Bean” token used to vote on the proposal was completed two days ago, while the corresponding Twitter page was only created in June 2023 and the Discord channel shows. only 116 members

Cointelegraph has contacted Azuki, Zagabond, and AzukiDAO for comment. but did not receive an immediate reply.

Source: Cointelegraph


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