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This week in DAOs - Sep 22, 2022
A roundup of the most exciting developments in the DAO space.
Debate of the Week: is Ethereum a Security
⁉️ Following the Ethereum (ETH) merge, SEC chair Gary Gensler said proof-of-stake cryptocurrencies could be subject to securities laws, thus igniting a debate as to whether or not ETH is a security at all.
Venture investor and DAOist, Adam Cochran, argues no, saying it fails the Howey test, and has gone to great lengths to explain why. Look no further than the comments section of Adam’s tweet thread to see a number of contrary opinions. What say you?
🌎 Cryptocurrency and Climate Change. In response to US President Biden’s executive order on cryptocurrency, which directed various government entities to review the cryptocurrency industry, the OSTP submitted its report on the industry’s climate and energy implications, which suggests a Bitcoin ban.
Blockchain enthusiasts would like to remind anyone listening that mining represents a fraction of the world's total carbon emissions and that ETH's recent transition to PoS has already cut the energy use associated with mining. Our takeaway is two-fold: the nascent cryptocurrency industry has shown a greater commitment to energy efficiency than most legacy industries, and, focusing on a tiny subset of the population participating in crypto instead of addressing problems with material scale is akin to banning plastic straws. Let’s be actual problem solvers.
🎙 In the latest episode of DAO or Never we talk about the Merge and what exactly is proof-of-stake; share highlights from MCON2, including the most exciting investment DAO on the horizon; and discuss how academics and research could benefit from DAOs, and vice versa. Available on Apple and Spotify.
🏡 We ❤️ Problem-Solving DAOs. K.Group DAO is raising funds to address the global housing crisis by acquiring residential properties and converting them into Shared Living Spaces. The target result: lower living costs + improved financial stability.
🦸 The SuperDAOists of the DAOstar alliance announced a major milestone in EIP4824 adoption. All DAOs on SuperDAO are being upgraded to support the daoURI standard, which will ultimately help indexers and explorers make DAOs more discoverable. Logos will integrate all DAOs that support EIP4824 to surface the most relevant DAOs and insights for our members.
📖 DAOs are Not Corporations. In response to ongoing criticism of the inefficiency and naivete inherent in DAOs, Vitalik Buterin offers a detailed perspective that focuses on three situations where decentralization is particularly important.
Tweet of the Week
⚖️ Harvard Law School is tweeting about DAOs. Harvard Law School published a primer on DAOs. Need we say more? The detailed post discusses the recent growth of DAOs: how they work, their current legal standing in the US, their advantages and disadvantages, and more. This lengthy, detailed post is evidence of the growing interest in DAOs and how they could shape our future.
📚 I’ll scratch your back if you scratch mine. DAO discovery engine DeepDAO is catering to the intelligencia with its Academic API offering organized, research-ready data, amongst other tools and benefits.
Deadlines and Events
🇨🇴 September 26 - 28: Cosmoverse
🇺🇸 October 5 - 6: Blockchain Expo North America
🇨🇴 October 11 - 14: Devcon Bogota
🇺🇸 October 18 - 19: I.D.E.A.S
🌁 November 4 - 6: ETHSanFrancisco
🌏 All Over, Often: ETHGlobal
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