Coin

<ul class="news-points"> 
 <li>NounsDAO may be headed for a split thanks to its recently introduced rage quit rules.&nbsp;</li> 
 <li>The new Nouns faction of disgruntled NFT holders may emerge with a treasury worth $12.7 million.&nbsp;</li> 
 <li>The sales volume of Nouns NFT has taken a 23% hit amid the ongoing conflict.</li> 
</ul> 
Leading <a href="https://coinedition.com/what-are-non-fungible-tokens-nfts/" rel="noopener noreferrer nofollow">non-fungible token (NFT)</a> project Nouns may be headed for a split thanks to disgruntled investors who have resorted to rage quitting its decentralized autonomous organization (DAO). A NounsDAOForkEscrow contract has been created and filled with dozens of Nouns NFTs from holders who are looking to fork the project.&nbsp; 
According to the NounsDAO Fork <a href="https://nouns.wtf/fork/0" target="_blank" rel="noopener noreferrer nofollow">page</a> that went live earlier today, the fork treasury had a balance of more than 7700 ETH at the time of writing. Users have a little over six days to return their Nouns NFTs in order to become a part of the fork aka the new NounsDAO faction, which currently holds 219 Nouns NFTs.&nbsp; 
Crypto journalist Colin Wu reported earlier today that one investor spent 775 ETH ($1.2 million) to purchase 22 Nouns NFTs, which were subsequently transferred to the NounsDAOForkEscrow contract. This may be an i… 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/mutiny-by-nouns-nft-holders-may-lead-to-treasury-split-next-week/">Mutiny By Nouns NFT Holders May Lead To Treasury Split Next Week</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Mutiny By Nouns NFT Holders May Lead To Treasury Split Next Week

Coin Edition

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