ai16z whale: will donate 11% of the total tokens to support project development
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.
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.
You may also like
CandyBomb x DEBIT (Episode 2): Trade to share 45,000 USDT
Trend-following bot upgrade: Custom parameter settings now supported
CandyBomb x CNPY: Trade to share 75,000 USDC
New spot margin trading pair — CP/USDT, SOPH/USDT!
