LinksDAO to buy Scottish golf course. A historic moment in DAO culture.
Gala Games sues pNetwork over private key leak.
Marketplaces vie for Bitcoin Ordinals dominance.
A federal judge dismisses Quantum artwork lawsuit concerning ownership rules. This is interesting because this is the sort of case I’d expect the courts to handle. In this particular case, it appears that blockchain technology inherently protects intellectual property rights.
Over the weekend, former President Donald Trump announced that he expected to get arrested on Tuesday (yesterday). Now it’s Wednesday and the Trumpster’s NFT collection prices are soaring. What’s interesting about this is, first, one day after his supposed arrest, he still hasn’t been arrested. When he made his announcement, he asked his supporters to protest. Well, I guess they heard his plea. Instead of picketing Pennsylvania Avenue, they’re buying his NFTs and driving up prices. Some protest. Sounds to me like a celebration.
The Securities and Exchange Commission (SEC) has subpoenaed Sushi DAO and its head chef.
Headline DAO is funding crypto journalism in a unique way. The DAO put out a request for content and has received 28 proposals thus far. They’re only funding five of them. Disclosure: One of them is mine.
How protocol permissions impact ownership rights in Web3. This is a MUST-READ. Personally, I blame the problem identified on proof-of-stake blockchains, which are fundamentally not as decentralized as proof-of-work blockchains. There is always a trade-off in values when you choose your consensus mechanism and your permissions. These need to be well thought out, across the board.
Neal Stephenson, the creator of the literary metaverse, says the problems of Web3 are caused by people wanting to financialize their technology too fast. Smart guy. He’s right. Slow down, devs, slow down.
tomi DAO has raised $40 million for a surveillance-free internet.
The IRS is looking for feedback on NFTs. The public comment period is on.
10 From Web3 Social
Publish0x: PVM powers his content with CoinGecko candy.
Torum: The JMan plugs Escape from Alcatraz.
Mirror: Only 3 left to mint at Mirror. OddWritings shares what it’s like to mint the same poem on multiple blockchains. I like this essay by OddWritings because it discusses the ethics of minting on multiple blockchains with varying values in the mints. Some excellent thoughts.
Hive: @yidneth celebrates the vernal equinox with photography and music.
Snark and commentary are in italics. Inclusion of an item doesn’t mean I agree or endorse the ideas presented. Of course, it also doesn’t mean I don’t.
Cryptocracy is a decentralized newsletter published several times a week. I curate the latest news and crypto analysis from some of the brightest minds in crypto, and sometimes offer a little insightful and snarky commentary. Always fresh, always interesting, and always crypto. Original articles on Fridays.
First published at Cryptocracy. Not to be construed as financial advice. Do your own research.
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