Proposal for ENS DAO to Launch an Official Marketplace Dedicated for Trading ENS Domains

🌱 ENS Ecosystem Ecosystem Discussion
42

I encourage you to revisit this statement. For one, I think that is very erroneous and inappropriate.
Since most of the community is ignorant, maybe you could take the time to educate us—the community, what we could do to help establish credibility of knowledge about the domain market.

I think that this following statement would be arguably-- considered true : @nick.eth whom is seen as a leader in the ENS community is known to say that “ENS names are not meant to be invested in for profit”, or something similar to that effect.

That being said. I think that it’s obvious a market for ENS trade or sale has be created naturally without the influence of @nick.eth. the community itself is currently in the process of deciding fair market price. That will continue until ENS can no longer be used.

You call for appraisal, which calls for a party outside of the buyer and seller to provide a price estimate or value of an item.

But then call for the buyer and seller to determine the price…

Seems conflicting and contradictory.
maybe you can elaborate.

43

It is not inappropriate to call things by their name, and we are all ignorant of something. I mean in the sense of ignorance.
Many people enter something without proper prior education, that is ignorance.
And surely what a leader says without analyzing the pros and cons, is also ignorance.
I did not invent the word, and it should be used when appropriate.
Do you think it’s more moral, polite, or politically correct that someone starts generating FOMO with the famous Richard, numbers, or whatever; then the buyer thinks to himself or out loud: What have I been doing here?
For me, that is unethical!

encourage you to revisit this statement. For one, I think that is very erroneous and inappropriate.
Since most of the community is ignorant, maybe you could take the time to educate us—the community, what we could do to help establish credibility of knowledge about the domain market.

When I talk about leader, I don’t mean @nick.eth. I am referring to the leaders created naturally and chosen by the community in a natural or unconscious way, it is a social behavior. The problem comes when the leader generates FOMO for his own good, I know other leaders like Vitalik who who leads for and by the community.
That is what the community should aspire to.
The DAO must not be directed or manipulated by a leader.

But then call for the buyer and seller to determine the price…

I rethink my idea, who decides the value of something, product or service, should be and in fact is: who buys and who sells.

This relationship is what matters.

maybe you could take the time to educate us

Educating is the most beautiful task we can do.

You can see that I am ignorant in using the post functions. :sunglasses:

44

I don’t know what to tell you. The market is what it is and there is nothing any one person or even a collective of people can do. If you don’t like what path the market has taken, the don’t participate. I think maybe you should take some time off from whatever it is that you are doing. We are not here the control the market. We are not here to control anything. Only to ensure that the product that has created a market in of itself, works properly and abides by the standards that are put forth. Dictation of the market is not the responsibility of the DAO. Honestly, two entities making a trade or transaction which is mutually agreed upon and has nothing to do with you–isn’t really your business, whether the information is public or not. It kinda seems that you are upset that the market hasn’t gone in your favor. I may be wrong–but that is what I am observing. @imrulo.eth

45

Rookie mistake, I may not like it and participate. But let me put you in context: I do NOT participate in any Ponzi club.

I think maybe you should take some time off from whatever it is that you are doing.

Thanks for the advice.

We are not here the control the market. We are not here to control anything. Only to ensure that the product that has created a market in of itself, works properly and abides by the standards that are put forth.

If the product is Ponzi, we are here to not allow it, we are here to stand up to it and not let it happen.

Dictation of the market is not the responsibility of the DAO.

And approving proposals that only favor a few should not be the DAO’s responsibility either.

Honestly, two entities making a trade or transaction which is mutually agreed upon and has nothing to do with you–isn’t really your business, whether the information is public or not. It kinda seems that you are upset that the market hasn’t gone in your favor.

2nd rookie mistake: If one of the two parties is a Ponzi, I am interested in confronting it and very much so! It’s not about business, it’s about values! I don’t know if you understand about this.

I don’t know what to tell you.

Don’t say anything.

Resellers are an indispensable part of the ecosystem (I am a reseller) and bring a lot of value to the marketing work of any project.

My answer is directed to avoid falling into Ponzi systems, intentionally provoked to favor the top of the pyramid.

If you have a private business and want to implement such a system, do it (although I do not agree) is not my business, but in the DAO should not be allowed. It is not healthy! And there are many “smart” people using manipulative techniques for their own benefit.

This has nothing to do with market favor, this is called: MANIPULATION!

Create a domain market for the DAO, I think it’s a good idea. But it should be decentralized and unbiased. Totally different from what is created out there.

46

Please attempt to remain more objective, and I suggest taking personal disagreements to private messages. A 1:1 conversation may be better suited here.

This thread is trending away from being a productive conversation and the original post. It will be locked if the current trajectory continues.

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47

Gary I just want to comment on one thing.

I really don’t want to get the DAO into the business of defining which lists of words meet certain subjective definitions. This is just a non-starter with how humans work.

I think there are actually a lot of societal turmoil around this today now that information went global, and something like “what are the list of animals” or “first names” is not a clearly non-controversial question on a timespan of 50 years.

Private markets will solve this, including all the examples where people get rugged for misusing the protocol (non-normalized names, etc.). Same way people don’t use exchanges that misuse the Bitcoin protocol (and lose your Bitcoin).

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48

While I would like to believe that we can agree on the “recognized living creatures” on this planet,
I will concede (on the extreme end) that that naming/categorizing some topics is very political, and should be generally avoided, (such as the number-of and names-of all the countries in the world).
I would like to believe that some agreement in some lists could be found & agreed upon, generally, (ie: 10K numbers); and that over 50 years time, the DAO could adjust list tags.
Nevertheless, this is not the hill I would choose the DAO to die on, and I agree this is not a core objective, although I was hoping it would be a potential fun one.
As you point out, the private markets can take the lead, and absorb those benefits.

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