More than half of the NounsDAO members left after the fork was completed and withdrew over $27 million worth of ETH from the treasury

ChainCatcher news, according to Decrypt, after the fork completed on Friday evening, more than half of the Nouns NFT holders chose to leave.

It is reported that out of 846 Nouns NFTs, 472 (nearly 56% of the collection) owners joined the fork and withdrew nearly 16,757 ETH (currently worth $27.3 million) from the current Nouns DAO treasury to the new DAO organization.

This move may indicate that many members lack confidence in the current Nouns DAO model. Since the project debuted in 2021, it has spent millions of dollars worth of ETH to fund a series of Nouns-themed projects aimed at expanding the brand's influence. Meanwhile, the value of Nouns NFTs has significantly declined since the peak at the end of 2021 and early 2022. Data shows that the floor price of the NFT collection, priced in dollars (ETH converted to dollars), has dropped from a peak of $267,000 in December 2021 to about $57,740 today.