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About The DAO

by

in


As I sit beside my siblings On a sunny afternoon in a now semi-infamous Historic Market Town in the county of Bedfordshire – an hour or so drive out of London, was once the centre of a recent Twitter spat between a certain Musk and McCormack battle that turned the crypto world on its head. All but a brief while. Needless to say, all since forgotten too. 

Being a mixture of millennials and xennials, the age difference between us is slight. Whilst they are older they may not be the wiser for it. That is they, my siblings in reference. Casually bringing up the subject of crypto, they look at each other rather in smirking terms filled with an obvious lack of enthusiasm for the subject. 

When Bitcoin goes up, the conversation turns to… ‘Oh, do you remember I was showing you, we should invest? It’s now at $69000,’ when Bitcoin goes down, it’s more eye rolling not realising the market has already turned bullish. You can bet your bottom dollar they will be repeating themselves when Bitcoin eventually hits $100000. 

Since I’ve always been an outsider, I’m used to going alone. That’s nothing new – but crypto, although it started On the dark net, it’s slowly developed and continues to develop a new way of banking and innovation within the arts and content creators.whilst it’s still in its infancy, the amount of innovation is something I’ve never seen. since in my 30something years. Watching it grow from just a single digital gold, to a whole entire industry and developing a new culture of meme ability and language to boot and fit, to that of a well suited spaceman ready for the ultimate ride of his/her life, it’s beggars belief that I sit among them still laughing. 

I’ve always believed in Bitcoin. I’ve never and probably will never hear the talk I heard way back in 2009, walking into restaurant, bar, restaurant one after the other the conversation always on Bitcoin. I remember an economist in the years leading up towards the 2008 crash, that in every generation something comes along that changes things. Although I can’t recall who that was, it was what he said stood out and I believe BTC to be that once in a century opportunity. 

I originally tried to invest, but couldn’t figure it out. As the years went past, one job to the next, I was always curious of the growth Bitcoin saw in between the times. Stronger and stronger after every correction. A second time came when in 2018, Bitcoin bottomed to $3000 and I instead of wanting to buy a canon 5d mark IV, I chose half a Bitcoin for £1000. After I turned 30. Sadly, it was not meant to be either. Various banking issues meant my verification was rejected and ended up needing the invest back during a time of financial difficulties and various career set backs. 

To date, seeing the growth within DEFI in Summer 2020, was the first time, I had the ability to listen and observe and to learn the markets. Watching first YFI grow day after day jumping from $30 – $2000 per token. I hadn’t even realised coins could be so valued like this and so my journey in crypto began. I noticed a new token on the market in the form of YFFI had surfaced on to the market. Already reaching over $600 as it’s all time high, I had a feeling there just might be a chance if it dropped back to under $5 that it could retrace without knowing what research of tokens or retrace actually meant, I looked into Reddit and a guy invested $500 anyway regardless just taking a risk. In the end, I didn’t invest, but what I learnt however showed me more that I was interested in knowing what makes a token rise to such value. I began to join in on various telegram communities. Sometimes I find them helpful and worthwhile advice, other times they can be just full of obnoxious chats and unwarranted comments a plenty. Other times I look into the roadmaps, white papers and tokenomics. Though I’ve felt a lacking, I’m still curious enough to push that little bit further. 

Whilst I’ve had my adventures and some moderate success in trading I’m happy in stepping back and trying other routes into crypto. As an artist, I’m just beginning to rebuild a new career from starting in an economic crash to restarting in a pandemic, it has it’s challenges. The appeal of crypto, is to try something new and being in the world of Print, it’s even more engaging as various developments are still making new innovative, pioneering technology that pushes design and user interface to the forefront. Questioning the practice of print and where it may have if anything a future. Should it be as non fungibles or other?

Being A Self-Employed Artist Who Crypto’s

That said, I question if an artist thinking outside the box then just simple NFTs can actually create their own working studio practice by utilising the various tooling now available to launch something to their own requirements of personal development. 

Artists have always written technically about their projects in order to receive funding. I see the white paper fundamentals as nothing new in this subject. Alongside the continued excitement of NFTs, and farming seems even more appealing to try and experiment with such novel like concepts. Even just for fun. 

Lately, I’ve been toying with this idea, if one could create multiple meme coins or trend coins as 721’s functioning like a passive income. 

The Unstoppable Rise of The DAO

Something good is baking and it’s not just the dough we writing here. If you didn’t know about PleasrDao you certainly do now. 

Just a google search for decentralised autonomous organisations and you’ll find the definition. You’ll also find another article reminding us of the unstoppable nature for creating forks in blockchain. The laws that define the illegality of when innovation starts and corruption begins creates a fine distinctive line. Of where attacker and steal linguistics belong elsewhere. Or so you may think?

Blockchain started on the dark web. As currency for the criminal underworld. Code, has its own framework. In crypto land, so does remaining autonomously, appeal to the mass as begets the nature of the beast. 

If being in crypto means code is breaking laws that doesn’t befit or was never meant to work in favour but yet still pockets the rich in fruitful profits with too few and far between complaints then it’s just the general market thirst for trust in code. 

In terms of PleasrDao it fits exactly between these lines of a totally autonomous community invited by an exclusive telegram group formed during the early hours in an Asian city who saw the promise of a young talented artist whose voice was otherwise not being learnedly appreciated enough. 

After an anonymous doner raised the remaining balance for bidding of her artwork the now infamous piece entitled ‘I am a ppl pleaser. The community has since become its own movement in creating a totally autonomous DAO platform. With the artists work as it’s mantra. 

Blockchain sits between mainstream and infamy. The Achilles heal one might call it of crypto is perhaps adoption. Within the next decade blockchain will continue to grow and expand in ways you’ve not seen before. As the earths population grows and traditional bank notes are disguarded for tokenised offerings, the industry will still remain as Bitcoin was the fastest asset to reach $1 trillion in ten years, maybe in underdog terms that instead of thinking it’s infamy rather becomes the making of something far greater then humans ever thought it could become. Or maybe greed got the better of us. Whatever flip side of the coin is your preference, the will and the need of the code is there and so is the innovation and adoption slowly but steady crypto is winning the race. Then anarchy becomes the voice of the people. That drives the wedge between those that grow with it, or those that don’t want a part of it but maybe take profits when trends catch on through following of their favourite influencers. 

Summary

It is with that said I feel we are going to see DAO’s become a trend in the next cycle of the bull run. My next article will be about DAO’s and the NFT artists you should follow. To wrap up on a final note, don’t underestimate the power of these movements. Remember the $Meme from the pineapple, and that was just the beginning of the non-fungibles rise. In the timely words of Chris Burniske…

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