The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.
BanklessDAO, a crypto media outlet, recently submitted a proposal to Arbitrum’s affiliated DAO for $1.8 million in ARB tokens. The proposal aimed to fund a year-long education initiative. However, the high cost of the proposal sparked criticism on social media. This incident drew parallels to a previous attempt by Blockworks, another crypto media firm, to secure over $2 million in ARB tokens. Both proposals were ultimately rejected by the Arbitrum community voters. In response to the backlash, Bankless HQ, the co-founders of BanklessDAO, are now seeking to clarify their branding separation.