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NounsDAO will undergo a financial split within a week, and angry exit investors will split more than 30,000 ETH

2023-09-09 04:12
Odaily News As investors holding 25% of Nouns NFT began to angry exit, the Web3 community NounsDAO will undergo a financial split within a week. According to the community’s newly promulgated “angry exit” rules, if investors holding 20% ​​of Nouns NFT request a “fork”, they can separate from the main group and take away 30,620 ETH (valued) from the project approximately US$50 million). The book value of each Nouns NFT is approximately 36.5 ETH ($59,600), and the current fork party funds are 7598 ETH (approximately $12.4 million). Last month, NounsDAO approved a broad upgrade called V3 that would provide disgruntled investors a way to exit via a fork. (CoinDesk)