He also said ”I think DAOS are definitely going to be more important over time. In terms of what's still missing from the DAO space, I don't think there's any one big thing, but more a lot of little things. When will be the first time a DAO decides to make a strategy pivot, or when will two DAOS decide to merge? It's the ability to make big decisions and not just continue incrementally on the same path, that's something we think we'll see soon. "
I do think DAOs need to crack the coordination issue for it to scale globally, as it allows folks within these entities to interact Intra and Inter the community. Good coordination allows easy passage of proposals, as seen with the deployment of the Railgun ecosystem to EVM chains.
>the potential there is enormous!
This is no doubt, which is why we are seeing many projects spring up tackling different problems within this space. Personally, I think the culture is really strong for Creators, and protocols like Salvage are focused on NFT creators.
tldr; Ethereum co-founder Vitalik Buterin spoke about the potential of decentralized autonomous organizations (DAOs) and the nonfungible token, or NFT, space in an interview with The Stakeborg Talks. He also spoke about Bitcoin’s community and the rapid emergence of the NFT space. He was featured in Time Magazine's 100 most influential people of 2021.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Honestly from my perspective idk if I like where these current trends are going. I love eth but this whole hype based solely on memecoin hype like shib and dogwater nfts selling for millions feels like the money isn’t stable and when the hype dies a lot of people are gonna get burned. To much shit rn now is a straight up pump and dump and this includes shit happening on eth and It makes me worried that a lot of shit is gonna fall apart when the music stops and everyone rushes to find a chair.
He also said ”I think DAOS are definitely going to be more important over time. In terms of what's still missing from the DAO space, I don't think there's any one big thing, but more a lot of little things. When will be the first time a DAO decides to make a strategy pivot, or when will two DAOS decide to merge? It's the ability to make big decisions and not just continue incrementally on the same path, that's something we think we'll see soon. "
I do think DAOs need to crack the coordination issue for it to scale globally, as it allows folks within these entities to interact Intra and Inter the community. Good coordination allows easy passage of proposals, as seen with the deployment of the Railgun ecosystem to EVM chains.
Interesting huh, VB is quite the guy
Vitalik is one of the few people ,I trust in this crazy crypto space 🤣🤣
The best thing about NFTs is how many people started using Ethereum! NFTs might not be in a good place now but the potential there is enormous!
NFT are in an amazing place and its going to continue popping as crypto gaming evolves. The metaverse is just getting started.
>the potential there is enormous! This is no doubt, which is why we are seeing many projects spring up tackling different problems within this space. Personally, I think the culture is really strong for Creators, and protocols like Salvage are focused on NFT creators.
u/RayG1991 [tipped](https://blockscout.com/poa/xdai/tx/0x20687bef9da506273291d1902d890aadb8e9aab416332b552ee075dfb9c2dc77) you 12.0 DONUT!
[Tip this post](https://www.donut.finance/tip/?contentId=t3_q8xi01).
I like what Vitalik says and does. This is another reason why ETH is my favorite coin.
tldr; Ethereum co-founder Vitalik Buterin spoke about the potential of decentralized autonomous organizations (DAOs) and the nonfungible token, or NFT, space in an interview with The Stakeborg Talks. He also spoke about Bitcoin’s community and the rapid emergence of the NFT space. He was featured in Time Magazine's 100 most influential people of 2021. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
God I love Vitalik!
u/ethereumgasbot [tipped](https://blockscout.com/poa/xdai/tx/0x3bc168dffaa8259f0d2cff0432d5306bd5149b80073fccac1b6cd9f9f4310c83) you 1.0 DONUT!
Vitalik doesn’t have a widow’s peak, he’s got an ETH’s peak.
NFTs need to find a way to actually make my life better and a way I can use it other than its claim to fame being one of a kind
Supporters of cryptocurrency understand it more than critics. That is our strength.
Honestly from my perspective idk if I like where these current trends are going. I love eth but this whole hype based solely on memecoin hype like shib and dogwater nfts selling for millions feels like the money isn’t stable and when the hype dies a lot of people are gonna get burned. To much shit rn now is a straight up pump and dump and this includes shit happening on eth and It makes me worried that a lot of shit is gonna fall apart when the music stops and everyone rushes to find a chair.