BlockBeats news, on November 7, the Aleo Chinese community sent an 'Open Letter to a16z regarding the Aleo project,' questioning the authenticity of issues such as 'whether a16z has filed a lawsuit against the original Aleo team in a U.S. court';
1. Curious about a16z's original intention to invest in Aleo, can a16z share its vision and key reasons for supporting Aleo;
2. Changes in Aleo Network leadership, with Howard Wu replaced by Alex Purden, who has a16z background, raised community questions about whether this change aligns with Aleo Network's long-term goals and strategy;
3. Rumors about 'a16z and other venture capital firms filing legal lawsuits against the original Aleo team in U.S. courts' are spreading, causing deep concern within the community about the authenticity of these rumors.
BlockBeats Note: In April 2021, Aleo raised $28 million in financing, led by a16z; in February 2022, Aleo completed a $200 million Series B financing, led by SoftBank and Kora Management. After the mainnet launch on September 18, 2024, Aleo failed to gain community recognition, and instead, there was a flood of skepticism on social media, especially from miners. Many users expressed on social media that this is yet another case of a 'king' turning into a 'fallen king.'