Tim Cook Hodls, ENS Airdrop & DAOism - News Byte - EP 32
Episode description
In this week's episode of the Block Exploring Podcast, Tommy (@sabaisquared) and Elias (@otokocrypto) discuss the state of the market.
Bitcoin breaks all-time highs since April 14th, 2021 amidst ETF trading. Ethereum breaks all-time highs following the EIP-1559 which aims to reduce gas fees and made ETH a deflationary asset. Solana passed Cardano in market cap, some speculate it is due to their smart contracts and DeFi applications, and NFTs providing higher utility. Cardano has remained stable in price. BAT (Basic Attention Token) rose 25% following their announcement regarding integration onto the Solana Blockchain aside from Ethereum.
In other news, Tim Cook (Apple CEO) announced that he holds crypto, and many are speculating that other technology industry leaders also hold various crypto assets. Meanwhile, the CEO of Discord teases Metamask Integration.
At the same time, we observe a DAO-ifying of organizations. Mainly the ENS (Ethereum Name Service) creating a governance token and airdropping it to users has been a prime example of this.
So… are industry leaders owning crypto or are crypto holders starting to own the industry through DAOs.
Tune in to find out!
Let us know your ideas on this in the comment section!
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Music: prod. Riddiman
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DISCLAIMER: This podcast is not financial advice