One source mentioned that a16z’s investment in Optimism has been successful, with the company continuing to conduct airdrops. An Optimism spokesperson expressed excitement about the energy and momentum that Optimism is gaining and looks forward to what the future holds. The sale represents a 30% allocation from OP’s initial treasury for the foundation’s operational funds.
As it was a private sale, the foundation has not disclosed the terms and purchaser of the allocation. The terms of the sale allow the buyer to delegate their tokens to third parties, enabling participation in Optimism governance. However, specific details regarding this arrangement have not been revealed.