Bankless Co-founder: BanklessDAO is a completely independent entity from Bankless

ChainCatcher news, Bankless co-founder Ryan Sean Adams posted on the X platform that people are uneasy about BanklessDAO's proposal to request ARB funding from Arbitrum and are confusing BanklessDAO with Bankless. However, BanklessDAO is a completely independent entity from Bankless, and neither it nor another co-founder, David Hoffman, has received any economic benefits from the DAO, has never sold BANK tokens, nor intends to sell them, and has not participated in the governance voting of the DAO.

Adams and David allow the DAO and those who identify with Bankless values to freely use the brand, but Adams also recognizes that this could cause confusion, and adjustments may be needed in future practices.