1Inch Community Rejects Proposal to Create NFT Market by Solidity.io

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 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.

The Issues with Proposal

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.

No Cooperation Agreement

The two sides did not reach a cooperation agreement despite the requirement listed in the proposal. There appears to be a disconnect between the two parties in terms of the expectations and requirements, leading to difficulties in achieving a consensus.

Lessons Learned

The rejection of the proposal provides an opportunity for community members, developers and Solidity.io to reflect on the issues and improve for the future.
Solidity.io and 1Inch can collaborate on creating a plan that better meets the expectations of the community and provides value to all parties. Communication and collaboration are key to success in any project or initiative.

In Conclusion

The rejection of the proposal may seem like a setback, but it provides an opportunity to learn and grow. By collaborating and understanding the community’s needs and expectations, Solidity.io can create an NFT market that provides value and growth for the community.

FAQs

1. What was the main reason for the proposal’s rejection by the 1Inch community?
Ans: 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.
2. Is the rejection of the proposal a setback for Solidity.io and the 1Inch community?
Ans: No, it is not a setback. It’s an opportunity to reflect on the issues and collaborate to create a better plan that meets the expectations of the community.
3. What are the key factors for success in any project or initiative?
Ans: Communication and collaboration are key to success in any project or initiative.