AirDAO a prominent player in the crypto space, recently suffered an exploit that resulted to the theft of 35M AMB tokens and 125.5 ETH tokens, confirming the risk associated with digital asset holdings. Despite this setback, the company remains bullish with plans to 'Star Fleet', a project indicating its ambition and stake in the sector. The stolen tokens were transferred to exchanges like MEXC, KuCoin, and ChangeNOW. To alleviate the situation, AirDAO has made strategic partnerships and launched projects like Kosmos and ETHGlobal hackathons. The importance of this can be seen from
DWF Labs providing $500K grant to support AirDAO.
AirDAO tokenomics has experienced significant updates. Performance-wise, AirDAO made top crypto gainers list on Aug. 3, showing positive potential. Investment in technology advancement is setting the stage as AirDAO launches Astra DEX and airdrop staking campaign, as well as the listing of AMB on Uniswap as of January 22nd.
The company has trust in its flight with SafePal holding an AMA to shed light on upcoming plans.
AirDAO's support for Modus with a £125,000 investment underscores their dedication to Real World Asset (RWA) property development innovations. The listing of AirDAO's AMB token paired with USDT on KuCoin shows adaptability and expansion. A glance into AirDAO, highlights the strides they have made in the crypto world with their Four Years Historic Airdrop and staking options. Alarm bells however ring over concerns about centralization pitfalls, and DAOs in general, such as whales and sybil attacks. AirDAO's dedication to enhancing decentralized governance is evident with the election of the AirDAO Council.
Financially, AirDAO secured $25M in committed capital from GEM Digital, further amplifying its position. The AMB token has been launched on Ethereum, cementing its presence in Uniswap. Despite a loss of 35.2M AMB & 125.51 ETH to hackers, AirDAO remains a critical player in the crypto world.
AirDAO News Analytics from Wed, 09 Nov 2022 08:00:00 GMT to Sun, 04 Aug 2024 07:00:00 GMT -
Rating -5
- Innovation 6
- Information 7
- Rumor 3
