What is MEV? Why is MEV so relevant after the Ethereum merge?

by Dominic DavisThreadsPosted on No Comments

MEV: “Maximal Extractable Value”. To understand MEV and its relevance post Merge, you must first grasp who will perform block confirmations on the network. While Proof-of-Work (PoW) $ETH relies on miners to secure the network, Proof-of-Stake (PoS) $ETH will rely on “validators”. In both consensus processes, pending transactions are held in the network’s “visible waiting …

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Admit One

by Dominic DavisNFT Project SummariesPosted on No Comments

Admit One Summary Overview:• Admit One is a collection of 1,000 access NFTs created by @gmoneyNFT.• NFTs work as an entry ticket to an exclusive community of Web3 enthusiasts, builders, and thought leaders Team:• Founder of project, Gmoney is a well-known individual in the space. Also owner of the famous ape crypto punk. How project …

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Renga

by Dominic DavisNFT Project SummariesPosted on No Comments

Renga, “DirtyRobot” Ecosystem Overview:• Renga is described as “a carefully curated, hand-crafted collection inspired by community, art, and imagination.”• RENGA Black Box is a collection of mysterious NFTs on Ethereum blockchain. Each RENGA Black Box NFTwas airdropped to holders of The Art of Seasons NFTs.• The black boxes are blank canvases, with the ability to …

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NOUNS DAO

by Dominic DavisNFT Project SummariesPosted on No Comments

Nouns DAO Summary Overview: How project works / utility:• One noun is auctioned every 24 hours, forever• The auction settlement transaction does three things:1. Sends the current NOUN ERC-721 token to the winner of the auction2. Generates the next Noun3. Begins the next 24-hour Noun auction• Nouns DAO treasury receives 100% of ETH proceeds from …

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