AzukiDAO proposes to recover 20,000 ETH from Azuki founder ‘Zagabond’
Members of the DAO claim to be made of a dedicated group of Azuki enthusiasts. It's the latest wrinkle following the launch of the controversial "Elementals" collection. A new decentralized autonomous organization purportedly made up of a “dedicated group of Azuki enthusiasts,” has launched a proposal to claw back 20,000 Ether (ETH) from Zagabond, the founder of the blue-chip non-fungible token (NFT) brand Azuki. The proposal, initiated on July 2, outlines hiring a lawyer to take legal action against Zagabond, real name Alex Xu, for allegedly “rugging” multiple projects. The clawback seeks $39 million worth of ETH earned from the launch of Azuki’s controversial “Elementals” collection. It proposes to allocate any funds retrieved back to the DAO to “promote the growth of the entire Azuki community.” The AzukiDAO proposal seeks to claw back $39 million from Zagabond. Source: Snapshot.org At the time of publication, 88.11% of the DAO’s Bean tokens have been used to vot...