NFT

Kylie Jenner, Michael Saylor and NFT NYC


Illustration by Mitchell Preffer for Decrypt
The annual NFT NYC conference took center stage this week on Crypto Twitter, swarming feeds with NFTs faster than people could mint them. But sift through the noise and there’s even more going on this week. Read on to find out. 
Monday
On Monday, Michael Saylor, co-founder of US software company MicroStrategy, tweeted in recognition of the 13th annual Bitcoin Whitepaper Day . “Happy #Bitcoin White Paper Day,” he tweeted, in reference to the day before, when Bitcoiners commemorated the publication of Satoshi Nakamoto’s Bitcoin Whitepaper on October 31st, 2008.

Happy #Bitcoin White Paper Day pic.twitter.com/Ul71l2mewr
— Michael Saylor (@saylor) November 1, 2021

Saylor’s tweet featured a clip from an associated collective of 159 accredited Bitcoiners, coming together to narrate the “Bitcoin Voicepaper ”, a 24-minute readthrough of the Bitcoin whitepaper. “We are all Satoshi,” they declared.
But the Bitcoin community wasn’t the only one celebrating: Ethereum also had its moment of glory when fans tweeted about the highest ever monthly close for ETH with a price of $4,324 . 
Tuesday
Although the annual NFT event brought droves of NFT enthusiasts to Times Square, plus celebrities like Chris Rock and the Strokes, many more were supporting from afar. 

Last night I was at a private party with an open bar where Aziz Ansari introduced Beck, The Strokes performed, Questlove did a set, then Lil Baby closed out the night.
We throw the word “utility” around a lot in NFTs.
What @BoredApeYC did last night? That was utility. pic.twitter.com/s0LIyPNpRc
— Steve (@NFTbark) November 4, 2021

Those unable to attend in person could enjoy the next best thing: daily status updates from influencers, including j1mmy.eth and Farokh . “It’s a lot to take in… WOW!” tweeted Farokh. 

Life is crazy rn I don’t even know what to make of what’s happening in NYC. I must’ve met 100 people from the space in 2 days and the official conference hasn’t even started yet. Blown away. It’s a lot to take in… WOW!
— Farokh.eth is still in NYC (@farokh) November 1, 2021

On the same day, Ethereum Name Service, a domain registrar that converts lengthy public keys to domain names (like decrypt.eth), announced the launch of an upcoming DAO. The DAO will be powered by airdropped ENS tokens.

ENS has always been an open public utility that belongs to the community.
The core components of ENS are decentralized and self-running (e.g., no one can take away another person’s .ETH name), but there are a few things that require some human discretion.
2/
— ens.eth (@ensdomains) November 1, 2021

As explained in a mirror article by ENS’s director of operations, Brantly Millegan , the DAO will help regulate how much .eth domains should cost and how to disburse funds from the community treasury. ENS token holders could receive future revenue, depending on their contributions and role.
Although the token claiming will not open until November 8 , ENS has started to accept applications for their DAO delegates.  
Wednesday
When Jordan Belfort announced his dive into NFT Twitter last week, lots of people were worried that the Wolf of Wall Street would muddy the waters. This week, a holder of a Bored Ape Yacht Club NFT called “ WillyTheDegen ” furthered a growing disdain of the elite and their involvement in NFTs.

The NFT owner blocked American socialite and businesswoman Kylie Jenner after she sent the collector a private message asking if he’d be willing to sell his Bored Ape #7016 —a pink furry ape wearing Elton John’s heart sunglasses, with a halo to boot.  

NO WAY NO WAY NO WAY 
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