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3 years ago 3 years ago

Nouns DAO’s $27M Revolt Reveals Toxic Mix of Money-Hungry Traders and Blockchain Idealists


Danny Nelson
by Danny Nelson 3 years ago3 years ago
Nouns DAO’s M Revolt Reveals Toxic Mix of Money-Hungry Traders and Blockchain Idealists




It wasn’t only the $90,000 spent on naming rights for a rare Ecuadorian frog species that turned off members of this decentralized blockchain-powered community project; some savvy arbitrageurs just wanted their share of the project’s treasury.



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