Bankless cover image

Bankless

Addressing BanklessDAO Drama

Nov 29, 2023
42:52
Snipd AI
The podcast reflects on a recent backlash they received on Twitter and questions if they are doing more harm than good for the Ethereum community. They discuss a proposal for a global education onboarding campaign by the Bankless Dow and clarify brand confusion. The hosts explore the purpose of being in the crypto space and contemplate the relationship between money and technology in the industry.
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Podcast summary created with Snipd AI

Quick takeaways

  • The confusion and backlash surrounding Bankless and Bankless Dow highlighted the need for clear branding and communication to avoid misunderstandings.
  • The attacks on the podcast hosts triggered discussions on mental health and the importance of surrounding oneself with trusted individuals for support and perspective.

Deep dives

Confusion around Bankless and Bankless Dow

There was a lot of confusion and backlash on Twitter regarding Bankless and Bankless Dow. The branding between the media company Bankless and the Dow was unclear, leading to misunderstandings. Bankless Dow, an independent entity, made a proposal to ARB-trim for $2 million, which caused further confusion. Many people misunderstood the relationship between Bankless and Bankless Dow, leading to accusations of grifting. The conclusion was to clarify the branding and burn all Bank tokens to emphasize the separation between Bankless and the Dow.

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