☎ ENS Public Goods – Weekly Meeting: 12pm ET/5pm UTC, Thursday – Term 6

🏛️ Public Goods
15

Details

Time/Day: 5PM UTC (12PM ET)(6PM CET) every Thursday
Meet Link: https://meet.google.com/fyt-qcrb-tth

Agenda

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1. Welcome ALL :sparkles:

Weekly dose of public goods goodness.

2. Miscellaneous ENS updates of general interest

  • No call next week due to ETH Denver
  • Linea x ENS event
  • Register and join us for Linea After Dark
  • Spanish and Portugees added to the ENS app
  • Mely.eth joined the ENS Labs team

3. ENS x Octant PG Round is LIVE

4. The Decentralization Research Centre join us to chat about their work & 2025 plans

DRC Discussion with Connor

  • Connor shared a deck about the DRC’s work.

Connor’s background:

  • Worked with Polychain.
  • Co-founded the Blockchain Association.
  • Has worked in various roles in the crypto space.
  • Has been advising foundations on advocacy, including the Ethereum Foundation.

DRC work and collaboration

  • DRC hosted events with Bankless at Stanford, Cornell, Harvard, the University of Tokyo, the University of Toronto, etc.
    • The idea was to aggregate information about DAOs and open-source it.
  • The goal is to build narratives that policymakers can understand about why decentralization is important.
  • Six months ago, along with the Ethereum Foundation, realized the need for a stronger DC presence.
  • Aiming to influence policy changes in the next two years, including stablecoin bill, SEC regulations, etc.
  • Attending events focused on blockchain policy is key for involvement.
  • Sending drafts to the SEC and publishing pieces on decentralization standards for L1 blockchains and applications is important.
  • Addressing the Gap in D.C. – building a coalition of like-minded organizations with shared values to directly influence decision-makers.

Full Stack Advocacy (as a service)

  • Addressing the lack of sophistication in trade associations that often side with Exchanges.
  • Developing compelling narratives for policymakers, and supporting them with research and lobbying efforts.
  • They often lack understanding of blockchain, so education and presence are crucial.

DRC’s Role and Importance

  • Ripple is described as the “Empire,” while DRC is the “Rebel Alliance,” highlighting the disparity in resources.
  • Many organizations are hesitant to engage with the government due to past experiences, such as being sued by the SEC.

DRC and ENS Alignment

  • DRC is well-aligned with ENS, with the Ethereum Foundation as its primary funder, providing $2 million in matching funds.
  • The goal is to align client organizations and fund a vehicle that can effectively advocate and get results.

Defining Success for ENS

  • Success involves working with Congress and the SEC to create rules that incentivize decentralization and push out bad actors.
  • This would improve the crypto ecosystem’s reputation and minimize PR damage.
  • The aim is to build a sustainable industry that incentivizes useful activities, ensuring longevity and preventing a complete crackdown by future administrations.

5. Open floor for all questions, proposals and other presentations etc.

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