a16z partner clarified that the token A16ZE was not released, and the latter's market value fell from tens of millions of dollars to hundreds of thousands of dollars overnight
06-03 04:10
Odaily News Marc Andrusko, a16z partner, responded to the community this morning and said that he and a16z have nothing to do with the tokens a16ze or b16z. Believe founder Ben Pasternak clarified that he has no connection with a16z. Affected by the above news, the market value of the token A16ZE issued through the Believe platform surged to over $12 million last night, and then fell rapidly. As of press time, the token market value is only $332,000. In addition, the founder of Believe said that it will launch a number of measures within 48 hours to prevent fraudulent project tokens.
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