🎉 According to Odaily Planet Daily, the decentralized NFT market maker FloorDAO recently "forked" into two independent entities in order to get rid of activist investors who have accumulated influential shares in the project's governance tokens. It is understood that FloorDAO is focused on building products for "NFT-Fi" and recently sent more than $2.5 million in funds (in the form of cryptocurrency tokens and NFTs) to a splinter group called FloorkDAO, which is owned by activist investors control. 💰
Investors quickly redeemed the funds, with each FLOOR token worth nearly $5, up from $1.89 at the beginning of the year. 📈The remaining FLOOR tokens are currently trading at approximately $3.88, making this a valuable option for investors who do not opt out of FloorDAO but instead retain their holdings. 👍(CoinDesk)
Investors quickly redeemed the funds, with each FLOOR token worth nearly $5, up from $1.89 at the beginning of the year. 📈The remaining FLOOR tokens are currently trading at approximately $3.88, making this a valuable option for investors who do not opt out of FloorDAO but instead retain their holdings. 👍(CoinDesk)