CARPE CONSENSUS: Can Arbitrum’s DAO Rise Above ‘Decentralization Theater?’
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 6 April 2023
⏱️ 44 minutes
🧾️ Download transcript
Summary
Power proved to be just as centralized as ever as Arbitrum’s first attempt at decentralized governance ended in community revolt. Plus: Cathy Hackl recaps Metaverse Fashion Week.
On “Carpe Consensus,” hosts Ben Schiller, Danny Nelson and Cam Thompson get into the nitty-gritty of governance, from decentralized governance to U.S. regulation and enforcement.
- [3:30] Inside the Desk: Danny recaps Ethereum layer 2 blockchain Arbitrum’s weekend DAO drama. If decisions are being made without the DAO’s consenting vote, is the organization really decentralized?
- [13:43] Cathy Hackl: Metaverse Fashion Week 2023 was a mixed success. Cam and Cathy, founder and chief metaverse officer of Journey, discuss market factors, tech improvements and what’s next for digital fashion. You can listen to Cathy’s previous appearance on the show: “Where Do Metaverses Go From Here?”
- [28:09] Ben gets a turn at his own segment with the “Schiller Show,” where he discusses CoinDesk’s decision to release an official editorial, “It Sure Looks Like the U.S. Is Trying to Kill Crypto.” The past months have seen increased politicization of crypto, including Sen. Elizabeth Warren’s (D-Mass.) recent calling for an “anti-crypto army.”
Join the most important conversation in crypto and Web3 at Consensus 2023, happening April 26–28 in Austin, Texas. Come and immerse yourself in all that Web3, crypto, blockchain and the metaverse have to offer. Use code CARPE to get 15% off your pass. Visit https://consensus.coindesk.com.
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“Carpe Consensus” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl.
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Transcript
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| 0:00.0 | This is Carpe Consensus. |
| 0:11.0 | Join hosts Ben Schiller, Danny Nelson, and Cam Thompson as they seize the world of crypto. |
| 0:22.8 | Hello and welcome to Carpe Consensus. |
| 0:25.6 | This is a podcast from the CoinDest Podcast Network, and my name is Ben Shiller. |
| 0:29.9 | I'm the features editor here at CoinDesk. |
| 0:31.9 | And joining me today is Danny Nelson. |
| 0:33.7 | Hi, Danny. |
| 0:34.4 | Good morning. |
| 0:35.5 | And Cam Thompson, she is a Web 3 reporter here at Coiness. Hi, Cam. |
| 0:39.1 | Good morning. Wait, what's Danny's title? |
| 0:41.1 | Danny didn't get a title today. |
| 0:43.2 | I'm titleless. |
| 0:44.4 | Titlest. Okay, so Cam, I just wanted to ask you, what are you working on at the moment? |
| 0:48.4 | Yeah, I'm working on some open-sea news for tomorrow. |
| 0:52.8 | So that is Tuesday. It's currently Monday when we're recording. So you'll know what that is by the time this episode goes live, which should be very interesting. And what is it? What is it? Yeah. Okay. Yeah. I guess we can talk about it. So OpenC, about a year ago, it acquired this NFT marketplace called Gem. So it's really targeted towards |
| 1:12.0 | some of those users that have been trading on Blur, which is the competitive marketplace. |
| 1:17.0 | So what OpenC is doing is they are rebranding their version 2 of Gem. So Gem v2 is now |
| 1:23.7 | releasing to the public as OpenC Pro. And it's going to be 0% creator fees just like OpenC switched |
| 1:31.9 | to a couple weeks ago. But what OpenC is doing is they're going to run this pro marketplace, |
| 1:36.2 | OpenC Pro, and then they're switching OpenC, like classic OpenC, back to 2.5% creator fees. |
| 1:42.1 | And it should be really interesting to see how NFT trading volume goes |
| 1:45.5 | into this new platform and if it's going to challenge blur in any way that it historically has. |
... |
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