Ookie DAO was compelled to shut down its shutters and withdraw from all internet activity. This was due to the lawsuit that was duly filed against it by the CFTC. As per the allegations of the CFTC, they believe that the DAO was built to transfer the ownership of a non-compliant trading platform onto a company that was supposedly above and untouchable by law agencies. All of this seems to be having an adverse effect on crypto.
In the case of the 1inch DAO, the community had agreed on $2 million for taking its hardware wallet product to the next level. Swell, a liquid staking protocol, is in the process of encouraging users through a Voyage airdrop, in which users with the SWELL token will be able to obtain rewards. Stargate stood up for various suggestions linked to the restructuring of the protocol, with the majority of the community voting for them.
Where the ApeCoin DAO is concerned, it has set up a metaverse working community responsible for scouring the metaverse options in terms of the owners of prime NFT collections. In Rarible’s case, its community agreed to a rewards program that will reach out to the OG NFT marketplace and handle a whole lot of other predicaments.
Where the ApeCoin DAO is concerned, it has set up a metaverse working community responsible for scouring the metaverse options in terms of the owners of prime NFT collections. In Rarible’s case, its community agreed to a rewards program that will reach out to the OG NFT marketplace and handle a whole lot of other predicaments.
Source: https://www.cryptonewsz.com/ookie-dao-is-compelled-to-shut-down-shutters/