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Is Crypto Dead? Fed Crashes Markets. Bored Ape Land Mint. Hop Airdrop. Solana Down.

Bankless

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DAO Launch and NFT Trends

This chapter covers the launch announcement of Hot Protocol's DAO and the high-profile Otheride NFT mint by Bored Ape Yacht Club, which resulted in unprecedented gas fees and network congestion. It discusses the implications of these events on Ethereum's scalability and the potential for new blockchain solutions. Additionally, the chapter explores the rising interest in ENS domains and the self-organized communities forming around them, highlighting trends in value and ownership within the crypto ecosystem.

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