SeeDAO has officially restarted after a pause that lasted nearly one year following last year’s 12th Node Consensus Conference. In its statement, the community said the past period included various explorations, discussions and attempts, as well as conversations over whether SeeDAO should be permanently shut down. The final decision was not to take that step, and the community announced its return with the message: “Here we are, back again.”
Community member Lizi described the pause as similar to a group of people taking a proper vacation after working for a long time. In that framing, the time when SeeDAO was paused was treated as a collective break for community members. The statement said that a gap and a period of rest can also help people set out again in a better and more relaxed way.
Restart approved by existing nodes on June 17
The restart was brought forward through a 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 restarted as a result of that vote.
The statement presents the restart as a decision made after a long pause, rather than a simple continuation of the previous operating rhythm. During the suspended period, the community went through internal reflection and discussion before choosing to resume its activities through a node vote.
Investor funds returned as SeeDAO leaves its Web3 project phase
SeeDAO also said that, as of now, it has fully returned the investment funds of all previous investors. According to the statement, this marks SeeDAO’s complete farewell to its history as a Web3 project operator. The community said it no longer carries the pressure of having to report back to investors, and no longer needs to carry out financialized actions created by that pressure.
The community expressed continued gratitude to investors who had supported SeeDAO in the past. It also said that some investors, after learning that SeeDAO planned to return investment funds, still expressed willingness to keep supporting the community. However, because SeeDAO had not yet clearly considered its next commercial prospects, those offers were declined.
The statement explained that investor money is still money. Since the narrative that SeeDAO once firmly believed in has faded, and since a new commercial direction has not yet been clearly considered, accepting those funds would be irresponsible. Instead, the community said it would be better to let friends who still like SeeDAO participate without pressure.
The SeeDAO points clearance process is still taking place at the same time. SeeDAO members who want to redeem points but have not yet done so can visit https://claim.seedao.xyz/ to complete the redemption process.