Tune in Live at 9am EST to join us for the action on our YouTube Channel at https://www.youtube.com/watch?v=QcwYg-9gLTY

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#DACATHONgaming is an informal community virtual conference focusing on building together. Our economy will be transformed with Decentralized Autonomous Communities (DACs)in the future. We are the pioneers of this new future. There’s more to crypto than lambo moons. We come together as a community twice a year. For our second year and third event, we are coming together for #DACATHONgaming with the goal of accelerating DAC adoption and tools through experiential exploration for DAC and gaming concepts. #DACATHONgaming is produced by MetaDAC, a DAC created at our first #DACATHON. Thank you for being a member of the community.

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w/ Corey Cottrell and Jimmy D is a series of weekly themed episodes with the intent to hone in on specified happenings around the space and bring together the builders, the influencers, and the community for a better understanding of a holistic ecosystem.

Generally speaking the weekly line up consists of Monday’s BP&Chill, Tech Talk on a Tuesday, Wednesday’s Media Moguls, Thursday’s EOSIO Weekly Update, and Friday’s NFT Game Day. Although sometimes we just rock it old school and hop on in for some tailored episodes solo or with some friends.  Almost always in fact, we are accompanied by one or more guests from throughout the space which share our aim to enable discovery, learning, and education towards this collective experience we have somehow crossed paths within.

Airing Live from 9AM EST Monday to Friday, should you find yourself free at that time please drop in and say hello in the comments, but regardless, hit those subscribe and bell notification buttons to our official YouTube channel to make sure that even if you find yourself tied up, you shant miss a beat.  And don’t forget to check out some of our associated projects below:

The Uplift World 

• Homepage: https://theuplift.world/

• Community Page: https://www.upliftworld.community/

• Telegram: https://t.me/theuplift

Ethereum is a smart-contract blockchain focused on building a secure, decentralized environment to host applications of all types. The past year, decentralized finance (DeFi) and non-fungible tokens (NFT) have taken the stage to show the world the possibilities that can arise from blockchain technology. However, scalability products that can increase performance in response to changes in processing demands are starting to unlock the vast potential Ethereum holds, and its co-creator, Vitalik Buterin, has his eyes set on decentralizing social media, gaming, governance and more.

In its infancy, Ethereum has largely become host to marketplaces for trading and lending crypto assets (Uniswap and Aave) and buying or selling digital art (OpenSea). The introduction of second-layer platforms built on top of Ethereum, like Arbitrum and Optimism, and technological solutions like ZK rollups, will drag down transaction fees and open Ethereum to decentralized social media platforms like Reddit.

This article is part of Future of Money Week, a series exploring the varied (and sometimes weird) ways value will move in the future.

The common theme among all use cases will be the need for users to own and spend Ethereum’s native asset, ether.

Ether is the key to unlocking blockspace on the Ethereum network, whether that includes deploying new applications, using existing applications or sending tokens between different wallets. The native asset is to the network what gas is to a car. Post-EIP 1559, blockspace consumers buy and burn the asset to participate in the digital economy. In the near future, ether will also be used to stake and secure the network.

Read More: The Evolution of Ethereum’s Monetary Policy

Arising from its usefulness as gas, ether has become a unit of account and the most common pairing on decentralized exchanges (DEX).

What is money in the metaverse?

If Ethereum, alternative base layer protocols (i.e., Solana and Avalanche) and “the metaverse” are ultimately successful, the definition of money will become much broader than its fiat limitation today. We are already seeing protocols raising capital, and investors measuring their portfolios against ether instead of dollars or even stablecoins (tokens pegged to the value of a fiat currency). However, the use of ether as money does not discredit fiat, stablecoins and other stores of value. It is simply a complement – and one that could potentially become a currency of the metaverse.

Read More: A Crypto Guide to the Metaverse

Crypto assets, including ether, are still much more reflexive to demand than stablecoins and dollars, making them a better investment than a currency (for now). However, the larger the Ethereum ecosystem grows, the better the currency ether becomes.

Currently, speculators far outweigh actual blockchain users, but a blossoming ecosystem is changing that as ether can be used for DeFi, NFTs, validation, social media and more. In fact, in Coinbase’s Q3 earnings report, the company highlighted that it has seen a major shift toward people actually making use of blockchain technology by taking their tokens off exchanges.

The chart below shows how on-chain users have grown alongside new Coinbase accounts, signaling users are genuinely interested in interacting with applications on Ethereum. Cheaper alternatives to the Ethereum mainnet, or live version, have gained even more traction, with Polygon flipping mainnet in active users for a single day early in October. Additionally, Arbitrum has onboarded 275,000 users looking for cheaper blockchain interactions.

Tokenization of assets and composability between DeFi applications are just beginning to create open, tradable markets for assets that were once illiquid. Assets that can be traded against each other, used as collateral or sent to any part of the world in an instant, start to behave a lot more like money than property or stores of value.

According to Julien Bouteloup, founder of Stake Capital and core developer at decentralized exchange Curve, the Web 3 workforce has shown significant interest in being paid in token equity over stablecoins. While this could be a side effect of the bull market and rising valuations, employees are likely genuinely interested in being an owner of the projects on which they work.

What’s next for the value of ether?

Play-to-earn gaming has likely just started, and Ronin-based NFT game Axie Infinity is already generating billions of dollars in annualized revenue. Users throughout the world are living off income from the game, with revenue making up a notable piece of the Philippines’ gross domestic product. The connection between gaming and finance is growing closer, highlighting just one aspect of a more digitalized world.

Read more from “Future of Money Week”: Who Sets the Rules for Bitcoin as Nation-States and Corps Roll In – David Z Morris

If today’s trends are carried into tomorrow’s future, the world will be more financialized than ever. It’s too early to tell whether this will be a net positive for humanity, but crypto and DeFi have given a glimpse into the good and bad that come with tokenization.

Airdrops and equity distribution (when done correctly) have distributed wealth much more freely and fairly than corporations have done, historically. However, the other side is equally true as scams and exploits show how greed can be magnified through tokenization and the anonymous economy.

For good or bad, the definition of money will continue to become murkier as the digital economy grows, just as it did with the creation of credit cards and online payments and the move away from paper money. This fits perfectly with the narrative of the metaverse, where the line between the digital world and real life becomes thinner and thinner.

At DSCVR (pronounced discover) which is currently in beta, our mission is to create a decentralized social content aggregation platform where users not only control the content, but also the platform itself. Think Reddit, if Reddit’s development was run by its most dedicated community members.

Currently, the major social networks are controlled by massive companies that often make questionable choices. Critical decisions that drive the platforms happen behind closed doors. This leaves users often feeling confused, frustrated, untrusting, or upset. “Why does this redesign feel terrible? What are you doing with our data? How are these decisions being made?” These are painful feelings that occur repeatedly across today’s social networks. The user is stuck choosing between the lesser of two evils or just turning a blind eye to the questionable parts of a social platform if they want to use it.

But we can envision a different future: a decentralized social content platform owned and controlled by its users. Put power in the users’ hands and allow them to decide the fate of the platform. The people who love, use, and care about the platform most will be the same people who control it. At DSCVR, we’re working to make this future a reality.

Governance will play a key role in reaching this vision. Our governance model starts with 2 very simple concepts:

1. Users earn governance rights. With these rights, they can make product decisions to guide the direction of the platform.

2. Upvotes get you votes. You earn rights by receiving upvotes on posts, comments, and portals you manage and create. In essence, DSCVR’s most valuable and dedicated community members will guide its future.

These rights will be represented by a Social token. As we continue to build DSCVR, one of our primary points of focus will be architecting meaningful social tokens that give users real influence. It's crucial that we have a way to empower the right users, allowing the good actors to clearly distinguish themselves from the bad. As we work through our feature roadmap, we will create ways for the users themselves to audit the social tokens and together we can tweak the algorithms they’re built upon.

Additionally users can fund the platform, support its growth and earn another type of token: the Service Token. These token holders will focus on creating economic value for the platform itself. Service token accounts for 50% of the governance decision. Below is a handy infographic of this token architecture for the visual learners out there.

As you may have noticed from our diagram, we’re working closely with DFINITY. Integrating with the Internet Computer will be a primary goal and when the Internet Computer’s Network Nervous System (NNS) is launched, it will be our priority to use this network to help drive these user defined decisions.

Eventually we plan to open up this model with Social Fabric, an open protocol that allows users to build self-contained and self-governed communities benefiting from the ecosystem of tools that power DSCVR. With this goal in mind, we are architecting an adaptive social protocol from the ground up that is broadly applicable to a highly diverse set of social platforms. This will equip a community of builders and doers with the tools to follow their own visions and create a wide spectrum of self-governed social platforms.

If these governance details are starting to make your head spin, it’s totally fine to ignore them. For the vast majority of users, using DSCVR will be no different than using a centralized application. But perhaps they will have peace of mind knowing that everything they post isn’t completely owned and controlled by a single centralized corporation and that it is the community they are a part of driving these decisions.

How to participate?

DSCVR is guided by its users: this is our platform that we are building together. Its future is as much in your hands as it is in ours. That being said, we need your help. Our first orders of business are prioritizing early features, finding bugs, and filling the platform with interesting and unique content. This early work will be critical in providing the foundation of a flourishing ecosystem. If this sounds interesting to you, you can start contributing right now. Here’s how:

• Create and vote on feature requests here

• Discover and report bugs here

• Share thoughts, ideas & feedback here

• Create and grow a new community here

We hope you enjoyed this initial reveal of DSCVR, the glimpse into our vision, and the seeds we are planting to get there. If your initial reaction is: “Yeah, right… You overly idealistic decentralization nerds.” Well, we feel you. We won’t claim to have a detailed instruction manual on how to reach our ambitious vision. But we do have some ideas on where to start. And while we may just be planting the first seeds, we are determined to create a platform that gets better over time. If you want to be part of this, share something that brings a sense of your authenticity to DSCVR. If you have any ideas, feedback, dope anime suggestions, or just want to talk – reach out. We’d love to hear from you