The @SECGov today release a no-action letter today on the distribution of @fuseenergy's utility token and how that distribution is not subject to US securities laws
A lot of interesting points to think about here.
🧵 on some of the takeaways
🎙️ Announcing Hydra Ventures podcast! Dive into the future of investment DAOs and meet the minds behind Hydra. Explore human coordination in community-driven investing. New episodes every Thursday, available on Apple and Spotify via links below 👇
What John Mayer did on Althea last night was absolutely ridiculous.
I’ve watched this like five times since last night and don’t plan on stopping anytime soon.
cc: @willdefries@BarstoolBigCat
May 2022: Whitepaper ✅
March 2023: Summoning ✅
“The essence of the Hydra is multiple decentralized minds working together to operate a single powerful body....It’s the original DAO, in meatspace monster form."
⚡️We were few, now We are many ⚡️
Arise, Hydra.
The future of DAOs is modular operational frameworks that are high execution, repeatable and 10x easier than anything we’ve seen (e.g. desirable as coordination mechanism).
Proud to be part of building the future with some of the leading folks in web3.
Arise Hydra.
We are proud to announce the summoning of Hydra Ventures, the first dedicated investment DAO fund of funds.
With over $10m raised & ready to deploy, we're excited to back the next generation of early-stage investment DAOs.
https://t.co/Hlir9RAhCV
1/ We’re excited to have been accepted as members of @EntEthAlliance. EEA’s mission is to enable orgs to adopt and use Ethereum tech in their day-to-day business operations, which directly overlaps w/ our mission at Thing3.