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ENS Org Fires its Ops Director. How Did it Affect its Price?True Names Limited (ENS-based Non-Profit) fires its operations director. What kind of impact did it have on ENS's price? -- From CoinDesk: www.coindesk.com Over the weekend the Ethereum Name Service (ENS) community voted to remove Brantly Millegan as a steward because of a tweet he posted in 2016 that recently resurfaced. He will also be removed from his position as director of operations of the decentralized autonomous organization's (DAO) corresponding legal entity True Names Ltd. In the tweet, Millegan wrote that “homosexual acts are evil. Transgenderism doesn’t exist. Abortion is murder. Contraception is perversion. So is masturbation and porn.” ENS gives the ability to point a domain name to a wallet. Users would be able to go to a .eth domain name as opposed to a complex wallet address. Domains can be traded as non-fungible tokens (NFT). There are over 675,000 registered names, according to ENS. “Practically, it means that you can have a name that you own, that has all the decentralization and censorship resistance and programmability of Ethereum,” Millegan told CoinDesk in 2020 in describing the project. Millegan hasn't apologized for the tweet, citing his religious beliefs. In a post on Discord, he reaffirmed his beliefs and said he’s open to working with and being friends with a wide range of people. He also said that traditionally minded Christians, Muslims and Jews should not be excluded from Web 3 – and he has received messages of support from those who self-identify as being traditional followers of these religious groups. As of late Sunday Pacific time, community delegates from the ENS DAO voted to remove Millegan from his position with a majority voting in favor. But the vote wasn’t unanimous, with some delegates warning about the dangers of "cancel culture" or the irony of a decentralized service centralizing around the voice of one person. “Brantly contributed to ENS success and deserves to be here. I respect the fact that he stands by his words and doesn’t pull the usual 'It was four years ago, I’m different now, blablabla,'” wrote "victorstark" in the discussion thread. “Woke and cancel people are more toxic than Brantly ever could be, pure herd mentality at work.” Nick Johnson, founder and lead developer of ENS, said mid-Monday Asia time that Brantly would also be removed from the DAO's corresponding legal entity. "Brantly has been a valued team member of TNL for the past three years. However, as a team we felt that his position with TNL is no longer tenable," Johnson said in a Twitter thread. "Many of you were hurt by Brantly's comments over the past 24 hours, and we strongly believe that ENS should be an inclusive community. Going forward we'll continue to do everything we can to ensure that remains the case." Johnson did not respond to a request for comment from CoinDesk. Brantly has yet to make a new statement on this development. The ENS token is up 4.5% to $20.76 at the time of this writing, according to CoinMarketCap.
Long
by RyanTanaka
MKRUSDT, Supported in the exact areaHello guys Whats up ? Do you know what is it DAO ? Do you know anything about MakerDao ? MKR is one of the most powerful project, powerful guys its future ... If you want to learn fundamental & technical analysis send us messages ---> Our id is in profile According to the chart and previous analysis, we expect the price can drop and support in our support zone area colorful box, and until now the trend of the market is downward but if it can break the key point level the trend can change to upward. Everything is shown on chart and there is no need to explain more . Good Luck Guys Abtin Previous analysis :
by Abtin00
ANT/USDT (Aragon) - 100% profit opportuninty if BTC holdsANT shown strength lately, pumped more than 260% only in 30days when other coins were cutting prices every day. Definitely my top suspect if the golem holds the 43000-46000 levels. My best targets are: Entry: 7.185 Stop Loss: 6.858 TP1: 9.45 TP2: 10.7 TP3: 14.43 Tight stop loss is part of my strategy. Sometimes if it's really worth it I might catch stop losses 2, 4 or even 6 times before reaching TP - a lot better than sitting on your hands and waiting for those nasty red bags to just breakeven...
ALong
by Adam_Sterling
DAOs – The Next Big Trend in Crypto 2022What is DAO? DAO (Decentralized Autonomous Organization) is a methodology for quickly organizing a large group of people to achieve specific goals and tasks. In DAO, control is distributed among all team members, rather than one main figure. Most modern companies, or any kind of enterprise, have a strict, hierarchical, vertical management structure with bosses, presidents, and boards of directors. Decentralized organizations have a flatter management system, where each person has a voice and the ability to put forward a proposal to change or improve the organization. The classic daily functioning of an autonomous organization implies the absence of intermediaries and full or partial automation. Everything is executed and written using smart contracts. The number of votes a DAO member has - can be measured by the number of governance tokens in his wallet. Also, an equal vote can be held, where everyone has one, equal vote, or a quadratic vote distribution scheme is applicable, etc. Blockchain and smart contracts guarantee transparency and no falsification. Why do you need it? Already, most of the crypto projects and investment funds are DAOs or are switching to this type of management. By understanding their structure, you will better understand the market. DAO is politics and democracy. Politics can be interesting too, especially when it is transparent, and your decisions influence something. DAOs bring money not only to their creators but also to ordinary members of the community. Organizations have their funds and grants. If you know various fields, organizations, and management skills, as well as a desire to take part in the development of web 3.0, then DAO is your chance for implementation. How does DAO work? Each organization has its own goals and objectives. The tasks that are assigned to the DAO are called mandates. For example: developing a network, attracting new supporters and users, mobilizing community activity, creating and maintaining content to promote projects and infrastructure in general. The direct execution of the mandates will be carried out by the Guardians. The DAO is community-driven and it is the core principle it is built on. However, a structure is important for any community where each person takes on a specific role and understands his area of responsibility. To structure the community, custodians are elected by voting in the DAO for a certain period. During the selection period of the custodians, every member of the community can nominate himself by providing a small resume about himself. The main task of the custodians is to organize the voting process and carry out the decisions made. Each of the custodians has their competence and area of responsibility for the implementation of mandates. Custodians are also responsible for the DAO fund (treasury) - money that is spent to achieve the goals indicated in the mandates. To spend treasury money, you need at least six out of nine Guardian votes. For this, a multi-signature system was created in the blockchain wallet. Where treasury money will be invested is decided, like everything else, by voting. Only stakeholders have access to management and participation in voting. Voting takes place on the blockchain and is completely transparent. In a first ballot, nine curators were selected to organize the subsequent work of the DAO. The community is the main and only governing body and driving force in the DAO. As with any organization, all community members who contribute to a common goal are fairly rewarded. DAO is the structure of the organization that is ideal for committed and committed people who are ready to invest in a common cause. All positions and employees are generously paid. You will find your role in the DAO, even if you are just ready to come up with bold ideas, answer questions in chat, or like politics. Any people interested in developing a common cause and forming a community will be able to realize their potential. Trends 2022 - DAO DAOs are one of the most important constructs in cryptocurrency, and they will change every aspect of economics, politics, and possibly even your social life in the coming years. If 2020 was all about DeFi and 2021 was about NFT, then 2022 will be the year of the DAO. The backbone of the Web3 economy and the wild world of the DAO is your wallets, which are like your personal data stores. Whether it's Metamask or Coinbase on Ethereum, Phantom on Solana, TerraStation on Terra, or something else. The tokens in these vaults give you access to cryptocurrency and will become more and more important in the coming years. In five years, people may be looking at the current wallet landscape and grinning at how primitive we were, but some solutions (eg Zapper, Zerion) show how we are getting closer to the time when our wallets can act as universal identifiers and data managers. Will DAOs exacerbate poor workforce dynamics that are already a problem for other service providers in the gig economy? Perhaps, there are many more positive aspects than negative ones. Early contributors will at least participate in improving the performance of the platform they are helping to create, even if those platforms result in variable labor costs. In any case, Web3 tokens are impossible not to invent. You will be working in DAO someday. Better to start now, while the alpha is at its highest. In some jurisdictions, it will become illegal to work for an unregistered DAO. On the other hand, other jurisdictions are likely to invite DAO employees with unique tax codes that take into account the difficulty of obtaining taxes without employer and bank oversight. Providing better treasury analytics to communities can significantly improve governance decision-making. It's not just the best treasury management practices, but also in the absence of professional treasury managers. The arrival of qualified financial managers for the DAO opens up great market opportunities and will help protocols be prudently diversified to ensure they are well-capitalized under all market conditions. The open and permissive nature of blockchain has led to a monumental shift that is redefining the relationship between protocols and their investors. Token Terminal (fundamental data), The Graph (on-net data), Nansen (fund flows), Dune Analytics (aggregated metrics), DeFiLlama (TVL), and Messari (market data and offline events) are essential tools today to help users get a complete picture of what is happening in the market. Venture DAOs are already hot and by 2025 one of the most active and largest venture capital funds with a large volume of assets will become a DAO. We also began to see DAO mergers and acquisitions gain traction. The next frontier could be the acquisition of Web2 by Web3. Most projects aspire to become DAOs, as this type of management brings money not only to the creators but also to ordinary members of the community. Possessing useful skills and knowledge, having the opportunity to influence DAO decisions regarding organization funds (funds, grants, etc.) and other issues within the framework of their transparent policy, everyone gets a chance to implement their ideas. Best regards EXCAVO
Editors' picks
BITSTAMP:BTCUSD
by EXCAVO
69
MahaDAO/Wrapped Ether seems undervalued 22/02/2021MahaDAO, which is releasing ARTH, a decentralized non-depreciating algorithmic token, which derives its value from a basket of uncorrelated assets, the relative weights of which are automatically adjusted by automatic buying and selling in response to changes in the price of each individual asset relative to the others. MAHA is a governance and utility token that will regulate ARTH value coins — the world’s first non-depreciating crypto token. some of the key fundamentals that make the $MAHA unique from other projects and showcase why we’re here for the long run. 1. $MAHA is used to fuel the liquidity for $ARTH The MahaDAO stablecoin platform is amongst the first of it’s kind to have liquidity farming built directly into the protocol, creating the world’s first incentivized stablecoin. Those providing liquidity to create $ARTH will be earning $MAHA tokens as rewards. 2. $MAHA is used to pay the stability fees for $ARTH As more and more collateral is deposited into a vault to mint $ARTH; A fee is paid by the vault owner if he/she wishes to. 3. $MAHA is used to make key decisions to the direction of $ARTH As a governance token, $MAHA token holders will get the ability to vote on various parameters that’ll govern $ARTH such as the stability fee, risk parameters of various collaterals, reward distributions, etc. 4. $MAHA is bought-back and burnt as $ARTH adoption grows As the adoption of $ARTH grows more and more, $MAHA is bought back and burnt off to reduce the supply of $MAHA tokens and pay an indirect dividend to all existing $MAHA token holders. The live MahaDAO price today is $9.57 USD with a 24-hour trading volume of $2,912,617 USD. MahaDAO is down 3.33% in the last 24 hours. live market cap of $5,861,850 USD. It has a circulating supply of 612,451 MAHA coins and a max. supply of 10,000,000 MAHA coins. The top exchanges for trading in MahaDAO are currently BKEX, Uniswap (V2), Hoo, Gate.io, and Bilaxy. technical: as we can see there are 2 TPs above the ATH which we have defined them with Fibonacci expansions.
MLong
by BitonGroup
7
KeeperDAO Token is Worth of Investment Now 22/02/2021What Is KeeperDao (ROOK)? KeeperDAO is a decentralized organization that provides liquidity to markets of smart-contract-based solutions, by providing the underwriting of contracts. These underwriting contracts are created in order to give an incentive for participation in the KeeperDAO. KeeperDAO will provide an on-chain liquidity mechanism using derivatives. Token holders will be able to collateralize their balances, from which they can either liquidate and regain access to their collateral or lock the collateral for a set period in order to draw earnings. Who Are the Founders ? KeeperDAO is founded by a team with experience working at publicly traded companies, running hedge funds and managing private investment vehicles. The team consists of people who have managed large pools of liquidity for some of the biggest institutional investors in the world. The project is a joint venture between Amber Group and Talon Systems: a crypto trading firm run by Tiantian Kullander and a blockchain research firm run by Taiyand Zhang, respectively. What Makes KeeperDao (ROOK) Unique? KeeperDAO is a decentralized autonomous organization that stands between users and the critical components of decentralized finance: risk, reputation, and liquidity. The role of KeeperDAO is to create a secure environment for the most important events in the life of a decentralized borrowing or lending transaction. These events are not limited to funding a loan, but also include making margin calls, collecting on collateral, and adding new members to the platform. The live KeeperDAO price today is $556.25 USD with a 24-hour trading volume of $8,625,873 USD. KeeperDAO is down 12.23% in the last 24 hours. It has a circulating supply of 36,430 ROOK coins and a max. supply of 1,070,000 ROOK coins. The top exchanges for trading in KeeperDAO are currently HitBTC, Hoo, Gate.io, Bilaxy, and Poloniex. Technical: we have 4 TPs to achieve as Fibonacci projection is projection some Fibots to target.
RLong
by BitonGroup
10
$GTC/USDT 4h (Binance Futures) Falling broadening wedge breakoutGitcoin bounced several times on 200MA support and seems ready for recovery now, let's enter on the retest. Current Price= 12.501 Buy Entry= 12.150 - 11.114 Take Profit= 14.921 | 18.030 | 22.997 Stop Loss= 9.433 Risk/Reward= 1:1.5 | 1:2.91 | 1:5.17 Expected Profit= +28.28% | +55.00% | +97.70% Possible Loss= -18.90% Fib. Retracement= 0.382 | 0.559 | 0.786 Margin Leverage= 1x Estimated Gain-time= 3 weeks Website: gitcoin.co
Long
by TradingOn
$MC/BTC 2h (Binance Spot) Ascending triangle breakout & retestMerit Circle regained 200MA and successfully pulled back to 50MA after, printing a golden cross! Current Price= 0.0001191 Buy Entry= 0.0001161 - 0.0001113 Take Profit= 0.0001294 | 0.0001419 | 0.0001632 Stop Loss= 0.0001032 Risk/Reward= 1:1.5 | 1:2.69 | 1:4.71 Expected Profit= +13.81% | +24.80% | +43.54% Possible Loss= -9.23% Fib. Retracement= 0.786 | 1.272 | 2 Margin Leverage= 1x | 2x Estimated Gain-time= 10 jours
MLong
by TradingOn
$ANT/USDT 1h (#BinanceFutures) Descending channel breakoutAragon Network has regained 50MA support and is looking good for local recovery. aragon.org Current Price= 11.453 Buy Entry= 11.272 - 10.964 Take Profit= 12.139 | 13.025 | 14.247 Stop Loss= 10.298 Risk/Reward= 1:1.25 | 1:2.33 | 1:3.82 Expected Profit= +18.36% | +34.30% | +56.28% Possible Loss= -14.76% Fib. Retracement= 0.618 | 0.786 | 1 Margin Leverage= 2x Estimated Gain-time= 1 week Contract: #ERC20 0xa117000000f279d81a1d3cc75430faa017fa5a2e
ALong
by TradingOn
Olympus DAO (OHM) Was $430 the Bottom?Clearly we've been in a bear market trend for Olympus DAO and many other DAO's. A big 70% retrace from it's swing high of $1360 Olympus DAO has been in a downtrend for the past 2 months and we're still trying to find a bottom. I personally believe we're coming close to finding a bottom for Olympus DAO and $430 may be it. However we're still on a continuation of this downtrend so waiting for clear signs of reversals and change of trends is important. But on our RSI readings we've formed some deep troughs and we may be nearing a bottom soon. Much peace, love, health, and wealth!
OLong
by peacefuljustin