Bankless ROLLUP: NFTs Are Hot Again | Macro is Breaking?! | CFTC Prosecuting DAO Token Holders
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Sep 30, 2022 The NFT market is making a surprising comeback, fueled by innovative projects and big sales. Regulatory scrutiny is increasing, especially around DAOs, raising questions about the future of decentralized governance. The podcast dives into the challenges facing the bond market and the fragility of financial systems, juxtaposed with the resilience of cryptocurrencies. Exciting developments in layer two and three solutions promise to enhance transaction efficiency, while major players like Disney and Apple explore the NFT space, creating new horizons for digital collectibles.
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Lower Gas Costs Post-Merge
- Ethereum's gas prices are down post-merge due to the elimination of miner payouts.
- These payouts were a significant portion of on-chain transactions, artificially inflating gas prices.
Protocol Profitability
- The next crypto bull market may be triggered by protocols flipping to profitability.
- This shift will occur as earnings surpass costs, driven by increased revenue and optimized issuance.
DAO Participation Risks
- Be cautious of DAO participation, as the CFTC is targeting token holders for alleged DAO violations.
- Increased anonymity in DAOs might become necessary to avoid regulatory action.