The noun DAO willDonate 100 ETH (US $123000) to ZEach XBTAccording to an article on December 8, provide financial support for their investigative news reports.

According to the proposal, ZachXBT exposes encryption scams based on unremitting exploration and provides better public cultural services. It added that the recent events in the encryption industry showed the significance of the work done by the detectives on the chain.

Hong Kim (called Noun 40 on Twitter), the co-founder and technical director of Bitwise, gave this donation, and most of it was based on decisive evidence.

When talking about the motivation behind the proposal, Noun 40 wrote:

"(Nouns DAO) needs to make great contributions as the main goal, and become a net operator of public goods, so that our memes (well-known brands) can fully capture the source use value of public works (for the original), and then use steady development to do more things, not just assets themselves."

In addition, ZachXBT also expressed gratitude for the donation.

Previously, Nouns DAO donated 169 ETH to Gitcoin in January and 500 ETH to the Ether Protocol Development and Design (according to the Protocol Research Association) in July.

Zach XBT is an online encryption supervisor who exposed several scams in the encryption industry. Its research helped French law enforcement agencies identify and arrest a member of an NFT fraud group that stole and used $2.5 million worth of digital currency.

The noun DAO is an important supervision organization of the noun ecosystem. According to its website, nouns try to correctly guide the real identity, community, and local community to use funds. The ecosystem auctions Noun NFT every 24 hours.