FloorDAO, which seeks to build products for “NFT-Fi,” recently sent over $2.5 million of its treasury – in crypto tokens and NFTs – to a splinter group called FloorkDAO that was controlled by the activist investors. The investors quickly divided that sum amongst themselves in a redemption that valued each FLOOR token at nearly $5, up from $1.89 at the start of the year. The remaining FLOOR tokens are currently trading around $3.88, an indication of the value to those investors who did not choose to exit FloorDAO and instead retained their holdings.
- SEO Powered Content & PR Distribution. Get Amplified Today.
- PlatoData.Network Vertical Generative Ai. Empower Yourself. Access Here.
- PlatoAiStream. Web3 Intelligence. Knowledge Amplified. Access Here.
- PlatoESG. Carbon, CleanTech, Energy, Environment, Solar, Waste Management. Access Here.
- PlatoHealth. Biotech and Clinical Trials Intelligence. Access Here.
- Source: https://www.coindesk.com/tech/2023/10/06/activist-crypto-investors-score-25m-bounty-after-campaign-on-floordao/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
- :not
- $3
- $UP
- a
- After
- amongst
- an
- and
- ARE
- around
- At
- bounty
- build
- by
- called
- Campaign
- Choose
- Coindesk
- controlled
- crypto
- Crypto investors
- CRYPTO TOKENS
- Currently
- DID
- divided
- each
- Exit
- Floor
- For
- from
- Group
- Holdings
- HTTPS
- images
- in
- indication
- instead
- Investors
- ITS
- million
- nearly
- NFTs
- of
- on
- over
- plato
- Plato Data Intelligence
- PlatoData
- Products
- quickly
- recently
- redemption
- remaining
- score
- Seeks
- sent
- start
- that
- The
- their
- themselves
- those
- to
- token
- Tokens
- Trading
- treasury
- value
- valued
- was
- which
- WHO
- year
- zephyrnet