{"id":374546,"date":"2021-11-30T23:00:00","date_gmt":"2021-11-30T20:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/ens-dao-delegates-offer-perspective-on-dao-governance-and-decentralized-identity\/"},"modified":"2021-11-30T23:00:00","modified_gmt":"2021-11-30T20:00:00","slug":"ens-dao-delegates-offer-perspective-on-dao-governance-and-decentralized-identity","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/ens-dao-delegates-offer-perspective-on-dao-governance-and-decentralized-identity\/","title":{"rendered":"# ENS DAO delegates offer perspective on DAO governance and decentralized identity"},"content":{"rendered":"

“# ENS DAO delegates offer perspective on DAO governance and decentralized identity <\/strong>”
\n<\/p>\n

Earlier this month, the Ethereum Name Service, or ENS, formed a decentralized autonomous organization, or DAO, for the ENS community.\u00a0<\/p>\n

Cointelegraph spoke to two ENS DAO delegates who app<\/a>lied for the opportunity to represent the community and stay involved in the decision making process: Victor Zhang, CEO of AlphaWallet, an open source Ethereum wallet, and Gregory Rocco, co-founder of Spruce, a decentralized ID and data toolkit for developers. <\/p>\n

Zhang spoke about his experience as an external contributor to ENS and an early supporter since 2018. Zhang initially sought to help ENS by offering Alpha Wallet as a user-friendly tool for\u00a0resolving<\/a> .eth names and cryptocurrency wallet addresses. Essentially, if a user inputs an .eth name in the AlphaWallet, it will show the wallet address, and vice versa using reverse resolution. AlphaWallet also supports ENS avatars. <\/p>\n

Zhang, also known as @Victor928, is among the top 30 delegates with the most voting power. When asked about how he plans to keep contributing to the DAO, Zhang said:<\/p>\n

My biggest concern currently is voting power. The second largest voting power is Coinbase, a big corporation. We need to make sure the ENS is always a public group, always a neutral service, not influenced or controlled by any single party for its own interest.\u201d <\/p><\/blockquote>\n

Related: <\/em>ENS\u2019 director of operations says that DAO-based governance \u2018has always been the plan\u2019<\/em><\/strong><\/p>\n

During the ENS token airdrop, 100 million total ENS tokens were distributed. While 25% went to users with .eth domans, another 25% of the tokens were allocated to those who \u201ccontributed in significant ways to ENS over the last four years.\u201d The other 50% remains in the DAO community treasury. <\/p>\n

As an external contributor, Zhang received<\/a> 46,296.3 tokens. At the time of publication, this number of tokens amounted to $3,320,311.15. Zhang is among 27 contributors to receive this exact amount. <\/p>\n

Zhang confirmed that he is, \u201cholding it all. I\u2019m not cashing any tokens out. As long as ENS continues to grow in the right direction, I don’t see any competitors. So that means the value is much bigger than the current market cap, if we\u2019re looking at it as an investment.\u201d<\/p>\n

The day of the airdrop, Brantly Millegan, AKA \u201cBrantly.eth,\u201d ENS\u2019 director of operations, tweeted<\/a> about the \u201cresponsibility\u201d bestowed upon users and added how it\u2019s up to the ENS community to use decentralized identity \u201cwisely.\u201d<\/p>\n

\n

you were not airdropped free money, you were airdropped responsibility<\/p>\n

\u2014 brantly.eth (@BrantlyMillegan) November 9, 2021<\/a><\/p><\/blockquote>\n