9min chapter

Bankless cover image

ROLLUP: Bitcoin's ATH Run | AI Memecoin Meta | Blobs Price Discovery | Microsoft Buying Bitcoin?

Bankless

CHAPTER

Token Incentives and Regulatory Ironies

This chapter examines the impact of token incentives in the Layer 2 community, focusing on Kraken's revenue sharing model and RocketPool's upgrades aimed at easing solo staking. It also addresses the legal complications surrounding NFT art classification with the SEC, highlighting the irony and absurdity of the regulatory landscape. The chapter concludes with a humorous anecdote from a press conference, tying together serious discussions about cryptocurrency risks and the need for clarity in the marketplace.

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