DAOUSDT
DAO Maker / Tether USD
crypto Composite

Xircus is a multi-chain gamified DAO platform. Which allows users to create their own NFT sites. You can create and run your own trading platform for free. [https://xircus.app/](https://xircus.app/) Xircus Web3 Protocol
https://preview.redd.it/h4j702fgvpqa1.png?width=600&format=png&auto=webp&v=enabled&s=8882eebad9a5867eded1276e46565a914d45be37

Hydra Ventures DAO Secured $10 Million To Become Fund Of Funds

TENET is the first EVM blockchain scaled on Cosmos. This is the only blockchain designed to handle Al products that can compete against trillion-dollar corporations. It is the future of DeFi builds on the blockchain industry's most secure and scalable.
Their native token is $TENET. The first composable gas token with product-level utilities, giving it cross-chain
liquidity advantages and constant consumer demand unseen in any other crypto asset to date.
Token Token Income
TENET has a purified staking system. Free from VCs. This pure community DAO is in control of the value generated from the business model. This is the global public’s only shot at owning the value generated by the $10 trillion dollar AI economy.
Token Burns :
The community can build sustainable and regular burns of $TENET tokens, which they bought from the circulating market, thereby making a constant reduction in supply.
TENET is led by Greg Gopman [CEO] - Previously CMO at Ankr, the biggest LSD protocol on BSC. Head of growth at Kadena ($1B+ blockchain). Co-Founder Akash (early
Cosmos SDK chain, peaking at $450M).
Dan Peterson - The COO
Ex Revenue Operations Specialist at Blockdaemon (a major staking firm valued at $3B+). He spent 2 years at Blockdaemon delivered an excellent hard at work with the industry leaders, familiarizing with the most innovative POS protocols.
Official Website: https://tenet.org/

> Wanted to better understand what is the value underlying a DAO token
I believe you are not seeing any benefit in holding a governance token, right?
I felt the same way as you some time ago, but take a look at my case. I jumped into Web3 a long ago and started to contribute to some DAOs, the main one was Diadata. I like the way they are integrating with blockchains and I love Discord.

They had an airdrop for everyone that voted on DAO proposals in 2022. It was about 92k DIA airdropped. When I calculated the APY of my position, it was far above 20% (considering the airdrop). If you use the governance tokens as intended (be active with the project), you can highly benefit if the project grows.

Learn the Ins and Outs of Crypto with ReFI DAO's Monty Merlin Bryant on #DivingIntoCrypto!

tldr; Sushi DAO and its Head Chef Jared Grey have received a subpoena from the US Securities and Exchange Commission. A proposal has been presented to the community on the establishment of a "Legal Defense Fund" to cover the legal costs for core contributors. LinksDAO is primed to purchase the Spey Bay Golf Club in Scotland after winning the over $900k bid.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

Weekly newsletter of DAO highlights / Issue #15

Crypto Live: Cardano’s ADA Roars Back, DAO Liability Debate, SafeMoon Compromise, AI vs Crypto…

He won't need to "coerce" anyone, he will simply buy out in a normal way what he needs. Like in basically any so called DAO proposal - a rich entity will simply buy tokens=votes and vote for whatever he wants. For example recent Wonderland (iirc) scam, after the scam there was a vote and in it 8 wallets outvoted all other 20000 or so. Amazing "utopia" I must say :) .
Even the word coerce itself should have given you a hint. To coerce means to force your will against other will, which is usually illegal. But tokenbros don't want laws, they want a set of shitty coded programs to govern ALL human interactions. And this buyout would happen in accordance to one such program.
The constraint being removed is a legal framework and replacement it with not-smart not-contracts. And it literally must be removed for your scheme to work. Because if only 5 out of 10 westsiders will use the blockchain system, then it is pointless, and any eastsider can interact with the remaining 5 "normies" as people here call us.
Lets imagine a real world example. Lets say tokenbro become obsessed with weather forecasts and want to create such a collective infosystem for it. So the system is created and works as advertised and it's not a scam. It is rather successful and starts replacing existing more unreliable weather sources (westsiders) one by one. In a few years it supplants half of the weather forecast websites. Now you are Maersk shipping corporation and your business literally depends on the forecasts (or rocket company, or search and rescue department etc.). What will you use? A collective of anonymous wallets automatically voting for a mostly reliable weather forecast? Or a NOAA or some other reputable source of info? The answer is NOAA of course, because it is not trustless. Because there are real humans with real reputation there. There is a risk of failure of course, but it would be a mistake, and not malicious, because such institution has a reputation to uphold. And of course Maersk can simply add some other reputable provider as a verification.
Network of anonymous weather voters on the other hand can be easily subverted by a rich entity, first because of greed (network must pay enough to entice players to participate, or it won't be used) and second because it is allowed to do so (because everything is trusless pieces of code to bought and sold like a true "utopia" it is :) . So some Maersk competitor swoops in, say Evergreen, buys a majority of wallets or tokens (doesn't matter really) and then in an opportune moment produces a harmful forecast to financially hit Maersk. Maersk will never even start using such system because of this risk in the first place.

Hey Everyone!
Let’s go….
Newly Covered Today:
1. Charles dropped a video on the Cooper & Kirk memo on Chokepoint 2.0. [https://www.youtube.com/watch?v=aWvcTgP66tU](https://www.youtube.com/watch?v=aWvcTgP66tU)
2. Here’s the Cooper & Kirk memo itself. [cooperkirk.com/wp-content/uploads/2023/03/Operation-Choke-Point-2.0.pdf ](http://cooperkirk.com/wp-content/uploads/2023/03/Operation-Choke-Point-2.0.pdf)
3. The Cardano NFT community is embracing CIP-68 and updatable/evolutionary NFTs. [https://twitter.com/ada\_anvil/status/1640845896911929345](https://twitter.com/ada_anvil/status/1640845896911929345)
4. Charles responded to the MKBHD tweet that branded crypto as “dumber and dumber every day”. [https://twitter.com/IOHK\_Charles/status/1640746108350779392](https://twitter.com/IOHK_Charles/status/1640746108350779392)
5. IOG dropped a video of the March Hydra technical meeting. [https://twitter.com/LucasMacchia2/status/1640710842990854145](https://twitter.com/LucasMacchia2/status/1640710842990854145)
6. CFTC Chairman says Binance was a clear case of evasion of US Law. [https://twitter.com/SquawkCNBC/status/1640685027989102593](https://twitter.com/SquawkCNBC/status/1640685027989102593)
7. Report: Japan is creeping up on a CBDC issuance with a pilot program in April and statements from the Bank of Japan that they need to be ready to issue if the government makes the decision to launch.. [https://www.reuters.com/markets/currencies/kuroda-says-boj-needs-be-ready-issue-digital-yen-2023-03-28/](https://www.reuters.com/markets/currencies/kuroda-says-boj-needs-be-ready-issue-digital-yen-2023-03-28/)
8. Allegations of insider frontrunning at Binance. [https://twitter.com/FatManTerra/status/1640677879196397571](https://twitter.com/FatManTerra/status/1640677879196397571)
Previously covered, but still interesting:
1. Do you like Javascript and Cardano? This thread is for you. [https://twitter.com/CryptoJoe101/status/1633579944490967049](https://twitter.com/CryptoJoe101/status/1633579944490967049)
2. It’s going down today! Hearing in the House on the Coordinated Attack on Crypto. [https://financialservices.house.gov/calendar/eventsingle.aspx?EventID=408628](https://financialservices.house.gov/calendar/eventsingle.aspx?EventID=408628)
3. Paul Krugman hilariously complains about being locked out of his Venmo account. He predicted the impact of the internet would be about as much as the fax machine and has subsequently opposed crypto. [https://twitter.com/paulkrugman/status/1633472068355346437](https://twitter.com/paulkrugman/status/1633472068355346437) [https://twitter.com/mdudas/status/1633571193344126979](https://twitter.com/mdudas/status/1633571193344126979)
4. Even Jerome Powell thinks we need regulatory clarity for crypto. [https://www.youtube.com/live/GzVLeabssdE?feature=share&t=2065](https://www.youtube.com/live/GzVLeabssdE?feature=share&t=2065)
5. In the House hearing, he also gave us some new tidbits on CBDC development. [https://www.youtube.com/live/GzVLeabssdE?feature=share&t=218](https://www.youtube.com/live/GzVLeabssdE?feature=share&t=2183) [https://www.youtube.com/live/GzVLeabssdE?feature=share&t=3477](https://www.youtube.com/live/GzVLeabssdE?feature=share&t=3477)
6. A member of the House committee actually asked Powell about Operation Chokepoint 2.0. [https://www.youtube.com/live/GzVLeabssdE?feature=share&t=6930](https://www.youtube.com/live/GzVLeabssdE?feature=share&t=6930)
7. Senator Lummis got Powell to agree that properly regulated stablecoins could have a place in our banking system and that a workable legal framework for crypto is something Congress should do. [https://www.youtube.com/live/8kyhYJ9EFts?feature=share&t=6923](https://www.youtube.com/live/8kyhYJ9EFts?feature=share&t=6923)
8. Big Pey is launching something called Atrium Lab. [https://twitter.com/bigpeyYT/status/1633830948575010816](https://twitter.com/bigpeyYT/status/1633830948575010816)
9. Believe it or not…legal systems made up entirely by coders may not be optimal. Incredibly, the study of law is actually a fully developed centuries old academic discipline that lies outside of JavaScript and Python. Unless you have full anonymity, you WILL be cross-chain bridged to IRL law. Some DAOs will learn this the hard way. [https://twitter.com/lex\_node/status/1633925979004436481](https://twitter.com/lex_node/status/1633925979004436481)
10. The NY Attorney General just filed against Kucoin for being an unregistered broker-dealer. Here’s the important part: they’re alleging that ETH is a security and a commodity. Their argument is not complex...it’s very straightforward. [https://www.docdroid.net/Myyp0yz/kucoin-pdf](https://www.docdroid.net/Myyp0yz/kucoin-pdf)
11. Silvergate was a failure of fractional reserve banking, not of crypto. [https://twitter.com/CaitlinLong\_/status/1633608132713938945](https://twitter.com/CaitlinLong_/status/1633608132713938945)
12. The current US Administration’s Budget seeks to eliminate tax loss harvesting for crypto, add a 30% tax on energy used in crypto mining, hike capital gains taxes on high earners, and beam us directly to clown world with an unrealized gains tax on high earners. [https://www.whitehouse.gov/wp-content/uploads/2022/03/budget\_fy2023.pdf](https://www.whitehouse.gov/wp-content/uploads/2022/03/budget_fy2023.pdf)
13. The subcommittee hearing on “the Administration’s Attack” on crypto went about like expected. Paul Grewal of Coinbase along with Prof. Evans of Penn State Law made some persuasive pleas for regulatory clarity. The “Anti-Crypto Party”™ also brought out their favorite witness from Duke. [https://www.youtube.com/watch?v=aOUUy4\_KwNU](https://www.youtube.com/watch?v=aOUUy4_KwNU)
14. Rep. Emmer (Pro-Crypto) called the current regulatory approach “lazy & destructive…that is chilling innovation.” [https://www.youtube.com/live/aOUUy4\_KwNU?feature=share&t=5670](https://www.youtube.com/live/aOUUy4_KwNU?feature=share&t=5670)
15. Rep. Foster (Cryptophobe): “this is the essential thing that has to be provided for the healthy development of the crypto industry…somewhere there has to be an API provided by a trusted 3rd party to register your crypto wallets.” Why not just completely neuter crypto? [https://www.youtube.com/live/aOUUy4\_KwNU?feature=share&t=5266](https://www.youtube.com/live/aOUUy4_KwNU?feature=share&t=5266)
16. Rep. Ritchie Torres (Pro-Crypto) pointed out offshore deregulated overleveraged centralized crypto companies pose the greatest risk to consumers. But, the regulators don’t focus there. They incredibly only attack the onshore entities. He also pointed out the absurdity of the idea a stablecoin is a security. (Sadly there’s the Section 2(a)(1) exposure). [https://www.youtube.com/live/aOUUy4\_KwNU?feature=share&t=5703](https://www.youtube.com/live/aOUUy4_KwNU?feature=share&t=5703)
17. Rep. Davidson (Pro-Crypto) shamed his anti-crypto colleagues for their implied claims that these assets are the same as centralized assets and came out strongly supporting self-custody and pointed out there was no FTX risk if you self-custodied your assets. “We have people overtly trying to make self-custody illegal.” [https://www.youtube.com/live/aOUUy4\_KwNU?feature=share&t=6034](https://www.youtube.com/live/aOUUy4_KwNU?feature=share&t=6034)
18. CMC is tweeting about IOG’s Sidechain toolkit? [https://twitter.com/CoinMarketCap/status/1634773712468852736](https://twitter.com/CoinMarketCap/status/1634773712468852736)
19. Now we’re dealing with U.S. bank runs. Among the casualties was Silicon Valley Bank where Centre (the Circle/Coinbase joint entity that issues USDC) was keeping $3.3 billion of the $43ish billion backing USDC. Signature Bank was also shut down by regulators. [https://www.forbes.com/sites/digital-assets/2023/03/11/43-billion-nightmare-sudden-circle-depeg-could-be-about-to-crash-the-price-of-bitcoin-ethereum-bnb-xrp-cardano-dogecoin-polygon-and-solana](https://www.forbes.com/sites/digital-assets/2023/03/11/43-billion-nightmare-sudden-circle-depeg-could-be-about-to-crash-the-price-of-bitcoin-ethereum-bnb-xrp-cardano-dogecoin-polygon-and-solana)
20. Unfortunately, the FDIC insurance limit is $250k. [https://www.fdic.gov/resources/deposit-insurance/brochures/deposits-at-a-glance/](https://www.fdic.gov/resources/deposit-insurance/brochures/deposits-at-a-glance/)
21. The Feds were taking bids for anyone to acquire SVB until 2pm Eastern on Sunday. The big question on Sunday was whether the Feds will cover all uninsured depositors. They decided they will and that also applies to Signature Bank. [https://www.washingtonpost.com/us-policy/2023/03/12/silicon-valley-bank-deposits/](https://www.washingtonpost.com/us-policy/2023/03/12/silicon-valley-bank-deposits/)
22. Here’s the joint statement from Treasury, Federal Reserve, and FDIC. [https://home.treasury.gov/news/press-releases/jy1337](https://home.treasury.gov/news/press-releases/jy1337)
23. Yellen said NO to a bailout for SVB on Sunday. She’s obviously got bigger macro concerns. But, it’s funny how that fits perfectly with a strategy of suppressing stablecoins generally. [https://www.cbsnews.com/news/janet-yellen-silicon-valley-bank-bailout-face-the-nation-interview-today-2023-03-12/](https://www.cbsnews.com/news/janet-yellen-silicon-valley-bank-bailout-face-the-nation-interview-today-2023-03-12/)
24. Here Caitlin Long explains the fundamental incompatibility between fast settling crypto and fractional reserve banking that caused all this. [https://twitter.com/CaitlinLong\_/status/1634573552790929409](https://twitter.com/CaitlinLong_/status/1634573552790929409)
25. CZ reminds us that he’s considered buying banks in the past and asks if it’s time yet. [https://twitter.com/cz\_binance/status/1634437834579800064](https://twitter.com/cz_binance/status/1634437834579800064)
26. CIP-1694 has been updated. [https://github.com/JaredCorduan/CIPs/blob/voltaire-v1/CIP-1694/README.md](https://github.com/JaredCorduan/CIPs/blob/voltaire-v1/CIP-1694/README.md)
27. Here’s a good rundown of all the changes in the CIP-1694 update. [https://twitter.com/\_KtorZ\_/status/1635410495514759169](https://twitter.com/_KtorZ_/status/1635410495514759169)
28. Apparently, Cardano NFTs will be going to space! [https://twitter.com/RichardMcCrackn/status/1635438087592460288](https://twitter.com/RichardMcCrackn/status/1635438087592460288)
29. Many in the crypto space think that Signature’s shutdown was just an extension of Operation Chokepoint 2.0 aimed at shuttering crypto banking. [https://twitter.com/nic\_\_carter/status/1635328056234766337](https://twitter.com/nic__carter/status/1635328056234766337)
30. Rumors: regulators are calling every bank today and asking if they have exposure to crypto. [https://twitter.com/wtogami/status/1635400774158290944](https://twitter.com/wtogami/status/1635400774158290944)
31. Instagram is disabling NFTs. [https://twitter.com/nftnow/status/1635388411166224384](https://twitter.com/nftnow/status/1635388411166224384)
32. Cardano TVL is doing things. [https://twitter.com/CryptoIRELAND1/status/1635694692556845060](https://twitter.com/CryptoIRELAND1/status/1635694692556845060)
33. Cardano NFTs in space! [https://twitter.com/adamKDean/status/1635796768704319488](https://twitter.com/adamKDean/status/1635796768704319488)
34. GPT4 was released today. It crushes the Bar Exam, the SAT, the GRE, the LSAT, and almost all AP subjects. This will displace a lot of human jobs. [https://openai.com/research/gpt-4](https://openai.com/research/gpt-4)
35. It has already done amazing real world things. In Example #6 it shows you how to exploit an arbitrary ETH contract. Better pay attention crypto. [https://twitter.com/LinusEkenstam/status/1635754587775967233](https://twitter.com/LinusEkenstam/status/1635754587775967233)
36. Report: Gov. Newsom failed to disclose accounts at SVB while lobbying White House and Treasury for a bailout of depositors. [https://www.businessinsider.com/gavin-newsom-svb-biden-silicon-valley-bank-wineries-bailout-lobbying-2023-3](https://www.businessinsider.com/gavin-newsom-svb-biden-silicon-valley-bank-wineries-bailout-lobbying-2023-3)
37. Things are not looking good at Credit Suisse. [https://twitter.com/GRDecter/status/1635985735063855104](https://twitter.com/GRDecter/status/1635985735063855104)
38. The court in the Voyager decision had some pretty harsh things to say about the SEC. [https://www.nysb.uscourts.gov/sites/default/files/opinions/312840\_1170\_opinion.pdf](https://www.nysb.uscourts.gov/sites/default/files/opinions/312840_1170_opinion.pdf)
39. Barney Frank points out that the regulators never claimed Signature Bank was insolvent and wonders if they are the first US bank to ever be closed down without being insolvent. [https://nymag.com/intelligencer/2023/03/barney-frank-says-more-shuttering-signature-bank.html](https://nymag.com/intelligencer/2023/03/barney-frank-says-more-shuttering-signature-bank.html)
40. Charles dropped a video addressing the updates to the governance proposal. [https://twitter.com/IOHK\_Charles/status/1636151615894990851](https://twitter.com/IOHK_Charles/status/1636151615894990851)
41. Gensler reasserts his claims that proof-of-stake tokens are securities. [https://www.theblock.co/post/220297/gensler-suggests-proof-of-stake-tokens-are-securities](https://www.theblock.co/post/220297/gensler-suggests-proof-of-stake-tokens-are-securities)
42. Dudes are already letting GPT4 run whole startups. [https://twitter.com/jacksonfall/status/1636107218859745286](https://twitter.com/jacksonfall/status/1636107218859745286)
43. Here’s an interesting theory: taking down Binance would create too big a hole, so they took down Silvergate, Silicon Valley Bank, and Signature to insulate the fiat world from crypto. Now they can take down Binance. [https://twitter.com/BryceWeiner/status/1636055979870818305](https://twitter.com/BryceWeiner/status/1636055979870818305)
44. The Army of Spies Channel is now TWO YEARS OLD (March 17)!
45. Yes! Everyone’s favorite Cardano cetacean is back! [https://twitter.com/cardano\_whale/status/1636561122739331073](https://twitter.com/cardano_whale/status/1636561122739331073)
46. I was asked to list a few Irish whiskeys today. [https://twitter.com/ArmySpies/status/1636548071541862401](https://twitter.com/ArmySpies/status/1636548071541862401)
47. An interesting exchange between a Senator and Janet Yellen regarding the effect of the bailouts on small banks. [https://twitter.com/theemikehobart/status/1636494845144432643](https://twitter.com/theemikehobart/status/1636494845144432643)
48. Eleven other banks swoop in with $30 billion to save First Republic. [https://www.npr.org/2023/03/16/1163958533/first-republic-bank-silicon-valley-bank-signature-bank-bank-run](https://www.npr.org/2023/03/16/1163958533/first-republic-bank-silicon-valley-bank-signature-bank-bank-run)
49. Wut? [https://twitter.com/WhaleChart/status/1636566421005017088](https://twitter.com/WhaleChart/status/1636566421005017088)
50. Here’s Raoul Pal with a very optimistic take for crypto if you are one who believes anyone understands the markets. [https://twitter.com/RaoulGMI/status/1636547466299416576](https://twitter.com/RaoulGMI/status/1636547466299416576)
51. Any buyer of signature bank must agree to give up its crypto business. [https://twitter.com/GOPMajorityWhip/status/1636356199661850626](https://twitter.com/GOPMajorityWhip/status/1636356199661850626)
52. Here’s Duncan Coutts explaining P2P in Cardano. [https://youtu.be/zOTfhcK-Wf4](https://youtu.be/zOTfhcK-Wf4)
53. Here’s a visual representation of how CIP-1694 works. [https://twitter.com/Hornan7/status/1636381895541026817](https://twitter.com/Hornan7/status/1636381895541026817)
54. This is one of the craziest things I’ve seen in crypto. Balaji is burning a few million to ring the fire alarm and make everyone aware of what he believes is an impending attack on dollar holders. Counterparty is guaranteed $1million (minus BTC price) if he just buys one additional BTC (or an option to purchase more). [https://twitter.com/balajis/status/1636827051419389952](https://twitter.com/balajis/status/1636827051419389952)
55. Here’s the Space where he explains his bet. [https://twitter.com/Breedlove22/status/1637236255242219520](https://twitter.com/Breedlove22/status/1637236255242219520)
56. Arthur Hayes gives you an incredible explanation of what’s going on with this banking crisis and what he thinks comes next. [https://cryptohayes.medium.com/kaiseki-b15230bdd09e](https://cryptohayes.medium.com/kaiseki-b15230bdd09e)
57. This is officially the worst regulatory approach ever. [https://twitter.com/BillHughesDC/status/1636067729575690241](https://twitter.com/BillHughesDC/status/1636067729575690241)
58. The SEC hide the ball game seems to conflict with how judges actually view the law. [https://twitter.com/SGJohnsson/status/1636071530340728832](https://twitter.com/SGJohnsson/status/1636071530340728832)
59. The Fed Quietly opened the swap lines with other central banks on Sunday night. [https://www.federalreserve.gov/newsevents/pressreleases/monetary20230319a.htm](https://www.federalreserve.gov/newsevents/pressreleases/monetary20230319a.htm)
60. Here’s why they are opening the swap lines: so that US treasuries don’t get dumped on the open market by foreign banks. This way the foreign central banks can have dollars to absorb the treasuries from the foreign banks. [https://twitter.com/CryptoHayes/status/1637620774776315904](https://twitter.com/CryptoHayes/status/1637620774776315904)
61. Charles dropped a video on Markets and Contagion in which he revealed that Credit Suisse wouldn’t allow an account when he was with Ethereum b/c crypto was “too risky.” Bwahahahaha. [https://twitter.com/IOHK\_Charles/status/1637952165217185792](https://twitter.com/IOHK_Charles/status/1637952165217185792)
62. Apparently, Djed will also be on ETH and BSC? [https://twitter.com/DjedStablecoin/status/1637871708823760902](https://twitter.com/DjedStablecoin/status/1637871708823760902)
63. Super ironic that the Credit Suisse CEO claimed crypto was in a bubble at $7k BTC. How the tables have turned. [https://twitter.com/gaborgurbacs/status/1637783982271082496](https://twitter.com/gaborgurbacs/status/1637783982271082496)
64. Personalization is coming to ADA Handles. [https://medium.com/ada-handle/personalization-101-6708ab692b29](https://medium.com/ada-handle/personalization-101-6708ab692b29)
65. Four million Cardano wallets. Nice milestone to cross! [https://twitter.com/StakeWithPride/status/1638020286997213190](https://twitter.com/StakeWithPride/status/1638020286997213190)
66. More aerostat activity out of World Mobile. This time in New Hampshire. [https://twitter.com/WorldMobileTeam/status/1637926277905522689](https://twitter.com/WorldMobileTeam/status/1637926277905522689)
67. You gotta admit. Balaji is genius at inventing new tag lines. First it was “We are all bitcoin maximalists now.” Today it’s “Fed around and find out.” [https://twitter.com/balajis/status/1638349643854786560](https://twitter.com/balajis/status/1638349643854786560)
68. Apparently, Sushi Swap DAO and its “Head Chef” just got served with an SEC subpoena and they’re asking the community for a $3 million defense fund (with potential for more). [https://forum.sushi.com/t/establish-sushi-legal-defense-fund/11813](https://forum.sushi.com/t/establish-sushi-legal-defense-fund/11813)
69. The crypto twitter meme response to the Sushi SEC subpoena was fast and brutal. [https://twitter.com/trhistorianelt/status/1638231852619104256](https://twitter.com/trhistorianelt/status/1638231852619104256)
70. People are now suggesting that no member of the Sushi Swap DAO should be in the US. [https://twitter.com/tundra\_v1/status/1638274785728929793](https://twitter.com/tundra_v1/status/1638274785728929793)
71. Very interesting rumors that projects are sitting on 2-300 SEC subpoenas and dozens of Wells Notices. [https://coinpedia.org/ripple/xrp-price-have-the-xrp-bulls-and-whales-given-up-ahead-of-the-summary-judgment/](https://coinpedia.org/ripple/xrp-price-have-the-xrp-bulls-and-whales-given-up-ahead-of-the-summary-judgment/)
72. The IRS is asking for comments on NFTs as “collectibles” (apparently matters for long term capital gains and elsewhere). [https://www.irs.gov/pub/irs-drop/n-23-27.pdf](https://www.irs.gov/pub/irs-drop/n-23-27.pdf)
73. Sebastian Nagel reports they have a Hydra head open on Cardano Mainnet. [https://twitter.com/ch1bo\_/status/1638599596782899205](https://twitter.com/ch1bo_/status/1638599596782899205)
74. Coinbase just revealed receipt of a Wells Notice. This means the SEC has concluded their investigation and they are (theoretically) inviting Coinbase to convince them otherwise before they file an enforcement action. Basically, the SEC has launched its full war against crypto. [https://twitter.com/iampaulgrewal/status/1638660032324829184](https://twitter.com/iampaulgrewal/status/1638660032324829184)
75. Here’s the actual notice. [https://assets.ctfassets.net/c5bd0wqjc7v0/6G5AjtDvRqRdiwlijKDSxE/f049398909914cb03646d0819d7a48d1/2023.03.22\_Coinbase\_\_Inc.\_Wells\_notice.pdf](https://assets.ctfassets.net/c5bd0wqjc7v0/6G5AjtDvRqRdiwlijKDSxE/f049398909914cb03646d0819d7a48d1/2023.03.22_Coinbase__Inc._Wells_notice.pdf)
76. Brian Armstrong says the Wells Notice is focused on staking and asset listings. [https://twitter.com/brian\_armstrong/status/1638654192138199041](https://twitter.com/brian_armstrong/status/1638654192138199041)
77. Kraken is also not having a great day. Operation Chokepoint 2.0! [https://twitter.com/ArmySpies/status/1638636382305546243](https://twitter.com/ArmySpies/status/1638636382305546243)
78. Report: The SEC is suing Justin Sun over TRX wash trading. Jake Paul and other celebrities are also being drug into the suit. [https://www.coindesk.com/policy/2023/03/22/tron-founder-justin-sun-sued-by-us-sec-on-securities-market-manipulation-charges/](https://www.coindesk.com/policy/2023/03/22/tron-founder-justin-sun-sued-by-us-sec-on-securities-market-manipulation-charges/)
79. Here’s the SEC vs. Justin Sun complaint. [https://www.docdroid.net/owTRUU3/justin-pdf](https://www.docdroid.net/owTRUU3/justin-pdf)
80. The Fed chose to hike a quarter of a percent and softened guidance on future hikes. Here’s the redline. [https://twitter.com/ArmySpies/status/1638616155022843904](https://twitter.com/ArmySpies/status/1638616155022843904)
81. IOG dropped a recap of the CIP-1694 workshop. [https://twitter.com/IOHK\_Charles/status/1639030606100332545](https://twitter.com/IOHK_Charles/status/1639030606100332545)
82. Emurgo signed an MOU with Pan-Atlantic University in Nigeria to support blockchain education and research. [https://twitter.com/wlstylr/status/1638989199583088641](https://twitter.com/wlstylr/status/1638989199583088641)
83. The US is trying to kill crypto. Hong Kong is investing millions in building a crypto hub. [https://twitter.com/BitcoinMagazine/status/1638499378691293185](https://twitter.com/BitcoinMagazine/status/1638499378691293185)
84. Report: Montenegro caught and arrested Do Kwon! [https://twitter.com/filip\_adzic/status/1638886164118802432](https://twitter.com/filip_adzic/status/1638886164118802432)
85. Here’s Caitlin Long on the Banking Crisis. She is absolutely the most knowledgeable person on banking in crypto. If there is anyone I would trust on banking matters, it would be her. [https://youtu.be/QM5h1oybxPU](https://youtu.be/QM5h1oybxPU)
86. Here’s the wilder, more extreme take from Balaji. Interestingly, he and Caitlin disagree about how many big prints are left and they both say the position of the other could be right. [https://youtu.be/G9ULrFN\_lCI](https://youtu.be/G9ULrFN_lCI)
87. Wow. Did Cointelegraph really try to claim we have no self-custody in Cardano staking? [https://twitter.com/PhilippeVleLong/status/1639663904795119616](https://twitter.com/PhilippeVleLong/status/1639663904795119616)
88. Coinbase is updating its staking services (including those related to ADA) and says it will “acts only as a service provider connecting you, the validators, and the protocol.” [https://help.coinbase.com/en/coinbase/trading-and-funding/coinbase-earn/rewards](https://help.coinbase.com/en/coinbase/trading-and-funding/coinbase-earn/rewards)
89. This is being interpreted by some as a move toward on-chain only staking that may positively impact the decentralization of validation in blockchains like Cardano. But, we’ll see what validators they aim their delegation at. [https://cryptoslate.com/coinbase-moves-to-on-chain-staking-for-tezos-cosmos-solana-and-cardano/](https://cryptoslate.com/coinbase-moves-to-on-chain-staking-for-tezos-cosmos-solana-and-cardano/)
90. People are divided on whether GPT4 will swallow everything and if any skill matters right now other than prompt engineering. But, it looks like Cardano smart contract development is definitely on the radar for that conversation. [https://twitter.com/PoolShamrock/status/1639748637684105217](https://twitter.com/PoolShamrock/status/1639748637684105217)
91. The disparity in daily users between the fledgling defi projects in Cardano and the largest most established defi projects in crypto is shocking to some. [https://twitter.com/SubcriticalTV/status/1640058128300638208](https://twitter.com/SubcriticalTV/status/1640058128300638208)
92. The CFTC has filed an enforcement action against Binance, CZ, and Samuel Lim (CCO of Binance). [https://www.docdroid.net/60YAbCz/cftc-binance-pdf](https://www.docdroid.net/60YAbCz/cftc-binance-pdf)
93. People are very curious about how the CFTC knew what Signal text chains were on CZ’s phone. [https://twitter.com/BillHughesDC/status/1640400690349744128](https://twitter.com/BillHughesDC/status/1640400690349744128)
94. Some are already implying that the CFTC alleging a coin is a commodity in an enforcement action may be a long term blessing in disguise for crypto since at least it’s not the SEC. [https://twitter.com/jconorgrogan/status/1640371206644703232](https://twitter.com/jconorgrogan/status/1640371206644703232)
95. CFTC alleges some bad facts based on internal chat logs. [https://twitter.com/ArmySpies/status/1640479998049124353](https://twitter.com/ArmySpies/status/1640479998049124353)
96. The relief sought by the CFTC is off the charts. [https://twitter.com/ArmySpies/status/1640446720353136641](https://twitter.com/ArmySpies/status/1640446720353136641)
97. I wonder if the shape of a Ledger would have been an advantage here. [https://twitter.com/GrindingPoet/status/1639953503354511360](https://twitter.com/GrindingPoet/status/1639953503354511360)
98. CZ has already published a response. [https://www.binance.com/en/blog/from-cz/czs-response-to-the-cftc-complaint-2408916493005890282](https://www.binance.com/en/blog/from-cz/czs-response-to-the-cftc-complaint-2408916493005890282)
\~Army of Spies

TLDR: This idea will incentivize people to collect trash and properly dispose of it by offering them cryptocurrency tokens and NFTs. The proposal includes ideas for using tracking, photo, live video and potentially augmented reality glasses while ensuring proper disposal or recycling to further incentivize participation.
My first attempt to share this idea didn’t gain as much attention as I hoped so I’m trying again with better editing so I don’t sound like a rambling mad man as some said. I'm extremely hopeful that discussions about these kinds of ideas will help bring them into reality. Currently, I do not have the ability to make this idea come true, but maybe someone else does. So any programs/coders please take this and make my dream come true.
P.S. I do not personally want to gain any monetary value from this, but I would definitely love to participate in cleaning the world.
The DAO COIN is called Clean World Coin, which is abbreviated as CWC.
The TOKEN is called Pick UP People, which is abbreviated as PUP.
The NFT is called Garbage Gone Crew, which is abbreviated as GGC.
The APP is called Utopia.
My idea is that people will be able to download the app, take pictures or live video of how they are collecting trash, and get paid while doing so, say on foot with "shoes and trash bags". A one-of-a-kind NFT will be created by the team and given to that person. The NFTs will be upgradable and require maintenance through CWC coin to maximize token rewards.
The tokens will be able to be cashed out from the app or exchanged for immediate use. The app could also offer savings incentives to help get upgrades and improve the economy and amount of trash collected. Proper disposal will be required and tracked, with a couple of legitimate ideas in mind, such as pictures and location tracking. In the near future, augmented video glasses could work too. Who knows, maybe the glasses could even carry data on how much trash it has seen and picked up and disposed of properly, and that data/glasses could live on forever cleaning the world.
Another part of this must have recycling and reuse built-in. If trash picked up reaches those locations, rewards will be higher, and the Clean World Coin will help build facilities around the world to ensure this happens. My plan to make things work is that individuals will be paid tokens depending on location, time spent, rigs, efficiency, load size, and how it's disposed.
In high-density areas, people will be able to scan their bags and drop them anywhere for pickup. As the bags pass through the system, they are tracked with QR codes on their way to be properly disposed. Disposal sites will use current technologies and any innovative techniques that align with CWC's standards. Already a lot of cool things are happening, and this should help the process for everyone involved. As the Clean World Coin economy progresses, more efficient technology will be added. The CWC coin could hopefully become its ecosystem that takes care of the world through AI and robotics, but people will definitely be involved in the beginning and possibly build legacies that carry on forever in the CWC community.
Think of all the possibilities on NFT collection rigs, such as shoes, bags, cars, trucks, dump trucks, boats, ocean arrays, scuba gear, particle collectors, "plastic in the air is a problem too", AI robots, and so on. Augmented glasses, I think, will be a big part of this. They could record video/pictures of locations and amounts of trash in real-time and store data for the app. The glasses and even all the NFTs could keep separate data for the NFT that records milestones and could carry on to the next individual or collection rigs and could be synced to any augmented glasses or collection rigs NFT. This would be totally separate from the individual's person when they no longer can collect trash.
The economy of CWC could become so big that trash is no longer a thing, but the value should hold based on the fact that as less trash becomes available to find, the rewards should increase, and there could be more remote trash or new issues the CWC community could take on. Trash is technically the deflationary item that drives up value.
Curbside pickup for households could also be paid, meaning everyone makes money for their trash no matter what, even a mixed bag of trash, but obviously much less tokens and depending on quantity and contents. And if the load is excessive, pay tokens, but at a very reasonable cost.
If someone sorts, cleans, labels, and scans items, they will be rewarded with more tokens based on the quality and quantity of the items. Then, the mixed bag could go to official micro CWC sites that sort and send them to larger recycling/repurposing facilities to receive their share of tokens for the process.
In conclusion, the proposed app that rewards individuals for collecting and disposing of trash through tokens and NFTs, along with recycling and reuse built-in, is an innovative way to encourage responsible waste management and clean up the environment. The use of this app and its ideas can provide real-time data to individuals, making the process more efficient. The Clean World Coin economy has the potential to grow and eventually eliminate trash as a problem, benefiting future generations.

What is TENET?
It is the EVM compatible blockchain operating on the Cosmos SDK. It benefits from the immediate compatibility of 99% of crypto developments, due to EVM compliance. It also benefits from the composability of the Cosmos ecosystem, which till now has lacked a core use case.
$TENET is the native token of TENET. The first composable gas token with product-level utilities, giving it cross-chain liquidity advantages and constant consumer demand – unseen in any other crypto asset to date.
Gas - As a blockchain, TENET is able to capture value of transaction demand. This is a core value-add to the $TENET token. TENET is the first of its kind composable yet EVM compatible chain, this makes it the easiest blockchain to build on, rightly positioned to build the future of AI.
Eva - Eva is the flagship AI app built on TENET. It gives the blockchain a go-to product that builds a customer base through unseen ease of on-chain usage. Eva is a breakthrough in global finance.
TENET API - TENET is the only chain suitable for institutional AI development. Its business API opens app calls to anonymized customer data, secured by powerful Diversified PoS consensus. Eva is the platformed case for this.
BYTE Sales -Machine learning algorithms need clean and organized data for maximized value. App developers can purchase BYTE NFTs to build a well-profiled and anonymized data set for any customer they have. This allows them to acquire the highest bids from AI firms that want to buy data.
**$TENET Token Income**
It has a purified staking system. Free from VCs. This pure community DAO is in control of the value generated from the business model. This is the global public’s only shot at owning the value generated by the $10 trillion dollar AI economy.
[ ](https://preview.redd.it/wmzyw3cp9mqa1.png?width=739&format=png&auto=webp&v=enabled&s=8bf9fd8339f68e8294915e2e27f5fb0b9e338190)
**PURE UTILITIES**
The TENET Foundation is deploying a variety of major applications to build TENET as the go-to for both AI customers and DeFi users. The $TENET token is immediately useful in these products.
Righteous DeFi -TENET Foundation has developed DeFi that is uncorrupted by VCs. It is a dominant liquidity asset in these protocols.
Eva Spends - $TENET can be use for discounted transactions in the flagship AI app, Eva.
Node Purchases - $TENET is a key asset for participating in network validation, despite Diversified PoS.
Official Website: [https://tenet.org/](https://tenet.org/)

Glitch Protocol is a layer-1 blockchain that caters specifically to money market dApps. Every chain claims to solve the scalability trilemma, but to date, no single blockchain has fulfilled all requisites to foster a stable DeFi economy as each chain offers various solutions but also presents multiple challenges and limitations, including scalability, high transaction fees, and significant downtime to name a few. But what are some basic fundamental reasons Glitch is different from other blockchain platforms?
Unlike other blockchains, Glitch specifically targets DeFi, making its money market dApps more scalable and secure while avoiding network congestion and downtime issues. Other platforms try to cater to all of the dApps around the world acting as a "jack of all trades," and all that does is create network congestion linked to high usage. You can't have a thriving ecosystem when your transactions take forever to process or if you have significant downtime.
A key feature of Glitch is its revenue-sharing mechanism. The revenue-sharing mechanism works to offset transaction costs and rewards consensus participation. A portion of dApp fees will be collected and utilized accordingly by smart contracts, and then rewards will be distributed fairly to validators and nominators. Furthermore, once the revenue-sharing mechanism is complete and is plugged into the GEX, some swap fees will also go to consensus participants. By creating a positive feedback loop that rewards participation, more developers and users will want to join the network all while keeping transaction fees at extremely competitive levels, I mean we're talking cents to a fraction of a cent in the future.
Built on Substrate, Glitch enables increased flexibility and accessibility towards developers to create smart contracts with any language that compiles to WebAssembly (WASM), increasing accessibility to a wider range of developers.
Nominated Proof of Stake (nPoS) is the consensus Glitch uses which provides a more energy-efficient alternative while prioritizing security compared to other protocols that operate with a single or hybrid POS and/or POW model. nPoS helps distribute power to prevent centralization. Further, Glitch is positioned as a security-focused blockchain by enhancing its security through implementing industry-standard encryption algorithms around the bridge and have formed partnerships like the one with Kurtois to allow our developers and external developers to test their code in isolated devnet environments before they hit production. How many L1s do you know that go above and beyond around security? Not many.
Interoperability is another focus, as Glitch is designed for cross-chain communication allowing asset transfers, data sharing, and increased liquidity options. We also have some partners that we'll need to activate in time to facilitate more cross-chain interactions.
In the future, expanding Glitch to a DAO operation will increase decentralization and is yet another way Glitch is setting itself apart.
I hope I've been able to address your question and can go into more if requested. 💪💪

Would you say someone with little experience can score a job in Web3? I volunteered as a contributor for half a year for one project (mainly just helping people occasionally), and now I'm part of a DAO, where we do consulting sessions. I don't know much programming unless I team up with Chat GPT for simple stuff.
What kind of jobs are there for people like me with little experience? And what's the best place to look for a job in Web3? Realistically, what chances do I have to earn at least $500/month?

More reason why I’ll trust no one else but myself to handle my assets and thanks to DAOs, that’s somewhat possible. Been leveraging my stables on SpoolFi for a little over 10months now and being a part of the DAO is the second best decision I made

I think your 10% chance already happened with Dash years ago (and maybe some others since then), there is also a better than 10% chance Voltaire will be successful in creating the largest DAO so far.

Litecoin - it's been here for ever, and it will propably stay like that. Plus halving is soon
Lido DAO - a lot of eth will be unlocked after the upgrade, propably mist of them will flow into lido finance and price will increase
Dimitra - just for the meme. I personally love the idea of agi-tech and this could easily 100x from where it stands atm
Eth and BTC - okay there's no need for explanation on these two

Interesting idea, here are my predictions for crypto-currencies one year from today:
90% - Bitcoin will still be the most dominant cryptocurrency in terms of market cap and adoption, with a higher market price than today.
50% - A major central bank will announce plans to launch their own digital currency, spurring a new wave of interest and investment in the crypto industry.
10% - The first decentralized autonomous organization (DAO) will successfully launch and operate as a self-governed entity, setting a new precedent for the future of decentralized organizations.

$DONT APE is a 0% tax, renounced, locked forever community coin; utilizing 100% hand-drawn art.
Birthed through crypto- $DONT APE intends to become a brand recognized far beyond our space.
To accomplish this- we’re rolling out limited lines of apparel tied as 1:1 copies to our NFT’s. (Meaning- if you buy one, you get the other). We’re also working on crafting stories using a variety of mediums. For starters- animation, physical and digital short stories (think comics and children’s books for adults), as well as regular content that we’re posting on Instagram, Tik-tok, Twitter, 4Chan, and Reddit. The stories themselves- all center around our character Saru.
Saru is a curious monkey who spent most of his life in relative peace, working as a street performer. That peace was squandered however when Saru encountered a fancy ape, who persuaded him into becoming a full-time degen.
In addition to our content and products- partnerships and rewards are very important to us. We’ve already begun establishing relationships with those in the food industry, clothing industry, as well as other tokens. Furthermore- holding $DONT gains you access to a variety of benefits, depending on the amount held.
If you hold more than 1%, you are a “Baby Ape”, and become eligible to vote on key decisions (like a DAO). If you hold more than 2%, you become a “King Ape”, and receive a few things. Most exciting- being a custom profile picture hand-drawn by our resident artist Graham. In addition to the new art, King Apes are granted access to a private group with the team, manual audits for whatever project they want, done directly by the team; as well as first access to NFT’s and physical products. (Additional benefits always being added).
Thank you for taking the time to look into us. The team behind $DONT is incredibly passionate about the project, and we’re committed to seeing it through to its highest potential. We sincerely hope you all come to love our character, art, and project at large- in the ways we do. Please leave us feedback. Positive or negative, we want to hear from you.
With love,
DONT APE
Links-
Website- dont-ape.com
Twitter- https://twitter.com/dont_ape?s=21&t=ETYMIfFvGqU71Cv_6iTEiw
Reddit- https://www.reddit.com/r/DONTAPE/
Chart- https://www.dextools.io/app/en/ether/pair-explorer/0x6612974e516a3828d1e72b09b3dd2ad0f1acc8db
CA- 0xf98A9907540B389850474C0b9437746bFD9fCE9B

Based on a DAO vote, 45% of the protocol fees will be distributed to eligible stakers.