Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
ai16z whale: will donate 11% of the total tokens to support project development

ai16z whale: will donate 11% of the total tokens to support project development

CointimeCointime2024/10/29 06:11
By:Cointime

On October 29th, Elijah Madonia, a whale holding 16% of ai16z's supply, posted about his early experience buying ai16z. Elijah initially purchased 17% of ai16z's supply for 80 SOL and later sent some tokens to ai16z founder Shaw and another team member. He still holds 16% of ai16z's supply but plans to reduce it to 5% and donate the remaining 11% to ai16z's lock-up plan. This plan aims to support promising developers and creators and facilitate OTC trades to address liquidity issues, which will benefit the development of ai16z DAO and introduce new partners.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Discover Enormous Potential in Cryptocurrency’s Next Big Wave

In Brief The crypto market is showing similarities to the Dot-Com bubble era. There is a bullish expectation for XRP and SEI with potential price increases. Institutional interest in crypto may support Bitcoin and altcoins' prices.

Cointurk2025/05/14 20:22
Discover Enormous Potential in Cryptocurrency’s Next Big Wave