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DeFi News

AssangeDAO to Open Voting Process On the Ability to Mint $JUSTICE

AssangeDAO is set to open the voting on February 23rd, 10.25 PM which will last till February 26th, 10.25 PM.

Written By Vismaya V
Published February 22, 2022 11:25 AM·Updated 11 months ago
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AssangeDAO to Open Voting Process for $JUSTICE Token

A new proposal arrives from AssangeDAO asking the members if the ability to mint $JUSTICE be permanently closed.

AssangeDAO was formed to raise funds for Julian Assange’s legal fees and campaigns using NFTs.

AssangeDAO placed the highest bid of 16,593 ETH, approximately $53 Million, acquiring artist Pak’s Clock NFT from the Censored collection, serving its purpose at the end.  

The DAO now presents a proposal to its members stating that it has no plans to mint more $JUSTICE tokens at this moment.

Right now the contract currently allows the DAO to mint more $JUSTICE tokens if the DAO token holders decide that more should be minted in the future.

But it is opening a voting process asking if the ability to mint more $JUSTICE tokens should be closed or just leave it as it is.

The voting starts on February 23rd, 10:25 PM and ends on February 26th, 10:25 PM so basically the members have almost 72 hours to participate in the voting event.

The option with more than 50% votes will be implemented by the DAO. 20% of the community is supposed to interact with the process.

In addition, the AssangeDAO revealed a proposal titled Core Mission, which asks whether the DAO should continue to focus on its founding premise of “Free Assange by All Means Necessary” or pursue other activities.

Also Read: Censored NFT collection: WikiLeaks and PAK join forces to save Julian Assange

The voting process for this proposal begins on Feb 23, 2022, 10:06 PM and ends on Feb 26, 10:06 PM.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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