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Rejection of Solidity.io’s Proposal for Creating an NFT Market by 1Inch Community

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On March 27th, the snapshot voting page showed that the 1Inch community rejected the proposal to create an NFT market for the community by Solidity.io with a 68.78% negative vote r

Rejection of Solidity.ios Proposal for Creating an NFT Market by 1Inch Community

On March 27th, the snapshot voting page showed that the 1Inch community rejected the proposal to create an NFT market for the community by Solidity.io with a 68.78% negative vote rate. Some community members stated that there were issues with the format, plan arrangement, and implementation of the proposal, such as the proposal did not add “1IP – #” before the beginning of the proposal title, and the implementation of the plan required cooperation with the 1Inch Foundation, but the statement of the proposal misled the community, The two sides did not reach a cooperation agreement.

“The 1inch community has refused to have Solidity.io create an NFT aggregation market for it, but has passed another similar proposal”

On March 27th, the 1Inch community rejected the proposal to create an NFT market for the community by Solidity.io with a 68.78% negative vote rate. This decision left some members of the community wondering what the issues with the proposal were.

What was the Proposal all about?

Solidity.io had proposed the creation of an NFT market for the 1Inch community, which would allow users to tokenize their digital assets on the platform. The proposed plan would have required cooperation between Solidity.io and the 1Inch Foundation to implement the plan.

Issues with the Proposal

According to some members of the community, there were issues with the format, plan arrangement, and implementation of the proposal. One of the main issues raised was that the proposal did not add “1IP – #” before the beginning of the proposal title. This was a crucial omission since it would have made it easier for the community members to identify the proposal among the other proposals on the platform.
Another issue with the proposal was the way it was presented to the community. Some members felt that the statement of the proposal misled the community, leaving them with a different impression from what the actual proposal entailed. There was also the matter of the required cooperation between Solidity.io and the 1Inch Foundation, which was not explicitly stated in the proposal.

The Rejection

The proposal’s rejection by the community had a lot to do with the concerns raised by members. Many felt that Solidity.io had not adequately addressed the issues raised, and thus they could not trust the project’s viability. The negative vote rate of 68.78% indicated a clear lack of confidence in the proposal by the community members.

Conclusion

In conclusion, the rejection of Solidity.io’s proposal for creating an NFT market by the 1Inch community can be attributed to the issues with the proposal’s format, plan arrangement, and implementation. The concerns that community members raised about the project’s viability were legitimate, and it was crucial for the proposal’s proponents to address them to gain the community’s trust.

FAQs

1. What was the proposal all about?
The proposal was about creating an NFT market for the 1Inch community by Solidity.io.
2. Why was the proposal rejected?
The proposal was rejected due to issues with the proposal’s format, plan arrangement, and implementation. Many felt that Solidity.io had not adequately addressed the concerns raised.
3. Could the proposal be revived in the future?
It is possible for Solidity.io to rework the proposal and address the issues raised by the community. However, it would be up to the community to vote on the revised proposal.
**Keywords:** 1Inch community, Solidity.io, NFT market, proposal, negative vote rate.

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