SeeDAO has announced its return after nearly a year of pause. Since last year’s 12th Node Consensus Conference, the community had put its activities on hold. During that period, members went through different rounds of exploration, discussion and experimentation, and they also discussed whether SeeDAO should be shut down permanently. According to the community’s statement, they ultimately did not take that step, choosing instead to restart and describe the moment with the line: “Here we are, back again.”
The pause was described by Lizi as similar to a group of people who had worked for a long time and needed a proper vacation. In that framing, the paused period of SeeDAO can be seen as a collective holiday for community members. The statement also characterized a gap or rest as a way to depart again in a better and lighter state. The direct governance step behind the restart was a voting proposal initiated by Baiyu. On June 17, the proposal was approved by the nodes of the 12th Node Consensus Conference, referring to the existing nodes, and SeeDAO officially restarted.
Investor funds returned as SeeDAO leaves its Web3 project-party history
SeeDAO also said that, as of now, it has fully returned the investment funds of all previous investors. The community described this as a clear marker that SeeDAO has completely said goodbye to its history as a Web3 project party. In the original statement, SeeDAO said it no longer carries the pressure of having to answer to investors, and no longer needs to conduct financialized actions generated by that pressure.
The community still expressed deep gratitude to the investors who had supported SeeDAO in the past. The statement noted that some investors, after learning that SeeDAO would return investment funds, said they were still willing to continue offering support. However, because SeeDAO had not yet thought through its next commercial prospects, that support was politely declined. The stated reasoning was that investors’ money is also money; since the narrative once firmly believed in has faded, and no new commercial direction has been clearly considered, accepting those funds would be irresponsible.
Points redemption remains in progress
Beyond the return of investor funds, SeeDAO’s points clearing and redemption process is still being carried out at the same time. The community said SeeDAO members who want to redeem points but have not yet done so can visit https://claim.seedao.xyz/ to complete the process. With the restart vote approved, investor funds returned, and points redemption still underway, SeeDAO’s current direction returns to the community itself, with the stated hope that friends who still like the community can participate without pressure.