FomoWell SNS Sale Investigation: ICPEx, Yuku AI Ties, Linked Wallets, Temporal Clusters

Thank you, @WebTreeSoftwareSolut , for trying to do your due diligence. Let’s stick to the facts and avoid assumptions. DEF has been caught up in this discussion, so we’d like to clarify some things.
DEF stands for “Decentralized Entities Foundation.” It’s a foundation focused on helping DAO projects grow and take shape. We’ve supported projects like Gold DAO and recently CECIL (which didn’t use the neurons fund). Last year, we also helped Waterneuron set up its legal structure to initiate their DAO, something that’s not easy.

One of our board members, Dr. Yulin Liu, has indeed advised Yuku but also other projects such as Chainlink, Liquity in the Ethereum ecosystem, Decide AI, Gold DAO, Origyn, Cecil etc in the ICP ecosystem, we stand by our colleague Yulin Liu unless proven otherwise. No other DEF board members, aside from Yulin, have any operational ties to Yuku. Tiger is not on our board, as you assumed, please avoid jumping to conclusions. The Yuku team operates from China and is led by Tiger.

You also mentioned Gian Bochsler. He founded DEF in 2019 and DAOlink in 2016, well before SNS existed and his fight and involvement in humanitarian project started way before ICP was launched. For the full story, please read his detailed post. Gian has also invested in many SNS projects, like Openchat, WTN, ORIGYN, and Gold DAO. He supported Yuku because he saw a potential to support a Metaverse on ICP, he is disappointed and upset like all of us.

You’re mistaken about tax advantages. DEF is a nonprofit, but it doesn’t allow donation deductions, just like The Dfinity Foundation. There’s a clear explanation about why we’re a foundation and how it works (see here).

We’re open about who we are, our board is public knowledge. What about you? @WebTreeSoftwareSolut ? Who are you, and what have you achieved? We’d be happy to meet you at our office if you have more questions.

We hope this clears things up. We encourage the movement that has been initiated by @borovan and he has our full support. We want more transparency in the ICP ecosystem. In the future if you have more questions, please ask them directly and before making false assumption.

As a conclusion we think that the trust is broken between Tiger and the community but all of us, need to stand together in a constructive manner. The actions of a few individuals employing unethical manoeuvre must not define all the people who help that project to exist, instead as a community we need to help ICP and its reputation by showing our resilience.

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