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This episode is sponsored by NYDIG.Download this episodeOn Thursday, Nov. 18th, Sotheby’s is auctioning off one of just 13 (or 11, depending on your source) copies of the original edition of the U.S. Constitution, printed in September 1787 for distribution to members of the Continental Congress and the states that would
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Climate-change focused Klima DAO has accumulated over 9 million tonnes of carbon offsets according to a Nov. 8 announcement. The USD value of those offsets has surpassed $100 million.In a blog post, the project explained that those offsets are equivalent to the annual emissions of Georgia, Jamaica, or Papua New Guinea.
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The latest salvo in the multibillion-dollar “Curve Wars” might be the most daring yet, and the protocol’s response has revealed deep ideological fissures in the decentralized finance (DeFi) community.Curve.Finance is currently the largest DeFi protocol with $20.8 billion in total value locked (TVL) per CoinGecko. The protocol holds a vital
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In the announcement, the SEC’s Enforcement Division alleged that on Sept. 16, American CryptoFed “filed a materially deficient and misleading registration form known as a Form 10, which purported to register two digital tokens issued by the company – the ‘ducat’ and ‘locke’ tokens – as equity securities.” Source
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“I see the Web3 ecosystem growing alongside streaming services, and eventually becoming more significant to the artists,” Deadmau5 told CryptoX in a statement. “This new [MODA DAO] world is creating new ways for artists to take ownership of their music, but it will take a while to scare the Spotify
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The Ethereum Name Service (ENS), the entity that controls the decentralized domains built on top of Ethereum, announced it would pivot to a decentralized governance model, opening the door to the formation of a DAO (decentralized autonomous organization). The ENS is now calling for delegates to propose their views to
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Decentralized autonomous organizations (DAOs) have established themselves as a core part of Web 3, but could they have use cases outside of crypto? Some venture capital firms are betting they do.Squads, an application that can be used to create DAOs on the Solana blockchain, has raised a $1.5 million seed
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This episode is sponsored by NYDIG.Download this episodeOn today’s “Long Reads Sunday,” NLW tells the story of PleasrDAO buying a one-of-a-kind hip hop album, and what it means that the U.S. government is interacting with this new type of collective. He also reads:How to Do Business as a DAOThread: DAOs
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Nevertheless, using such a “bridge entity” is inefficient, cumbersome and sacrifices many of the key benefits that make DAOs special. Instead, DAOs should, like other types of business associations, be free to enter into a contract directly, either through delegated authority or by passing a formal proposal. To the extent
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It makes sense, in a way. NFTs are one-of-one cryptocurrencies attached to media files. Proponents say they encourage a new sort of economic framework for digital art, based around patronage. If an NFT purchase funds an album or artwork, the work can still exist online, for free, while the artist
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