Playgrounds founder: All AICC tokens have been deposited into Arc Treasury, 30% used to create AICC/ARC liquidity pairs

PANews reported on January 12 that Tachi, co-founder and CEO of Playgrounds (the team behind Arc), tweeted that Arc has been invited to provide consulting services to Aiccelerate DAO, an organization that aims to promote innovation in AI and Web3. The consulting role is mainly to share insights on Rust-based AI frameworks and support open source development across various frameworks. The team has transferred 100% of the AICC token allocation directly to Arc Treasury. The team will use 30% of the AICC tokens to create the AICC/ARC liquidity pair, which will incur fees and return to Arc Treasury. These fees will help fund ecosystem initiatives, incentivize developer contributions, and further enrich Complex. The remaining 70% of AICC tokens have been locked in a custody contract, the beneficiary of which is Arc Treasury, and will be redeemed linearly over the next year.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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