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Nouns DAO Canceled Donate 100 ETH For “Blockchain Detective” ZachXBT?

December 9, 2022
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Although the vote passed 90%, at the last minute the Nouns DAO community canceled the proposal to support 100 ETH for ZachXBT.
Nouns DAO

In a very unexpected development, on the morning of December 9, an unknown member of the Nuns DAO community canceled the proposal to donate 100 ETH to ZachXBT, although the previous proposal was publicly voted on and approved.

Prop #177 to donate 100 ETH to @zachxbt was canceled.

It's back on-chain now, and will be voted on again over the next week.

But why was it able to be canceled? ↯ pic.twitter.com/MEN4wuSWpV

— House of Nouns ⌐◨-◨ (@houseofnouns) December 8, 2022

The reason for this anomaly is that the original sender of the proposal is account Noun 40, believed to be Bitwise Asset Management co-founder Hong Kim who sent his token to Nouns before the voting started, thus losing take effect control proposed.

The Nouns DAO said it would reopen a new proposal and let the community vote again. If approved, Nouns DAO said it will take about 1 week to disburse to ZachXBT.

Nouns DAO

As mentioned in an earlier Coincu News article, the NFT project’s Nouns DAO community recognized the contributions and opened a vote to donate 100 ETH (approximately 123,000 USD) to ZachXBT “chain detective” for assist him in detecting crypto scams.

With 180 votes and the vote passed 90%. This donation will be sent to the address zachxbt.eth, which currently holds 29,124 ETH.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Foxy

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Tags: # Cryptocurrencies#MarketsAlthough the vote passed 90%BlockchaincryptodonateNFTNouns DAOZachXBT
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