ENS Org Fires its Ops Director. How Did it Affect its Price?True Names Limited (ENS-based Non-Profit) fires its operations director. What kind of impact did it have on ENS's price?
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From CoinDesk:
www.coindesk.com
Over the weekend the Ethereum Name Service (ENS) community voted to remove Brantly Millegan as a steward because of a tweet he posted in 2016 that recently resurfaced. He will also be removed from his position as director of operations of the decentralized autonomous organization's (DAO) corresponding legal entity True Names Ltd.
In the tweet, Millegan wrote that “homosexual acts are evil. Transgenderism doesn’t exist. Abortion is murder. Contraception is perversion. So is masturbation and porn.”
ENS gives the ability to point a domain name to a wallet. Users would be able to go to a .eth domain name as opposed to a complex wallet address. Domains can be traded as non-fungible tokens (NFT). There are over 675,000 registered names, according to ENS.
“Practically, it means that you can have a name that you own, that has all the decentralization and censorship resistance and programmability of Ethereum,” Millegan told CoinDesk in 2020 in describing the project.
Millegan hasn't apologized for the tweet, citing his religious beliefs.
In a post on Discord, he reaffirmed his beliefs and said he’s open to working with and being friends with a wide range of people. He also said that traditionally minded Christians, Muslims and Jews should not be excluded from Web 3 – and he has received messages of support from those who self-identify as being traditional followers of these religious groups.
As of late Sunday Pacific time, community delegates from the ENS DAO voted to remove Millegan from his position with a majority voting in favor.
But the vote wasn’t unanimous, with some delegates warning about the dangers of "cancel culture" or the irony of a decentralized service centralizing around the voice of one person.
“Brantly contributed to ENS success and deserves to be here. I respect the fact that he stands by his words and doesn’t pull the usual 'It was four years ago, I’m different now, blablabla,'” wrote "victorstark" in the discussion thread. “Woke and cancel people are more toxic than Brantly ever could be, pure herd mentality at work.”
Nick Johnson, founder and lead developer of ENS, said mid-Monday Asia time that Brantly would also be removed from the DAO's corresponding legal entity.
"Brantly has been a valued team member of TNL for the past three years. However, as a team we felt that his position with TNL is no longer tenable," Johnson said in a Twitter thread. "Many of you were hurt by Brantly's comments over the past 24 hours, and we strongly believe that ENS should be an inclusive community. Going forward we'll continue to do everything we can to ensure that remains the case."
Johnson did not respond to a request for comment from CoinDesk. Brantly has yet to make a new statement on this development.
The ENS token is up 4.5% to $20.76 at the time of this writing, according to CoinMarketCap.
ENS
ENS entering accumulation phase? or are we going to see more lowIs ETH NAME SERVICE token entering accumulation phase or are we going to tank down to $5 since it serves no purpose other than Governance?
We can see a long term falling wedge pattern, we did see some breakout recently with some buying volumes coming in from the 26th Jan 2022
Seems like ENS is paired to the big boys (bitcoin). And since Bitcoin seems to have paired with NASDAQ, if Bitcoin doesnt move to mid 40ks in FEB 22
It will be trouble for the markets. The reason being is that as we get closer to the month of March, FED is about to announce its first Interest Rate Hike since ages.
This may have a bearish impact on the stocks which might result into a sell off in crypto markets as well.
Where is the #DAO # ENS on rocky ground ENS is on rocky ground...if this slide continues then goes to sub $10.00
While an exciting premised to bring web3 to the "world" by decentralised naming for wallets and websites. The recent twitter identity crusade may very well handicap the protocol plans at the individual level.
ENS LONGHello Communities,
Haven't been here for a while, but web 3.0 recently caught my attention really. So, I am doing analysis for ENS today.
On the daily time frame, ENS is framing a falling wedge, which usually has a high odds of pumping to the upside as long as the wedge holds.
Price might make a decision sometime around Jan 22 and target would be $68 dollars, which is also confluent with the fib-level. Given its strong utility behind the project, I personally have strong faith for it.
NFA.
ENS Ethereum Name Service oversold The Ethereum Name Service is a distributed, open, and extensible naming system based on the Ethereum blockchain. The Ethereum Name Service’s job is to map human-readable names like ‘alice.eth’ to machine-readable identifiers such as Ethereum addresses, other cryptocurrency addresses, content hashes, and metadata. ENS is the native token of the system and is used for governance and voting on the use of treasury grants.
This could be a speculative buy in the oversold area.
ENS is moving towards 54.5- Ens broke out the double bottom pattern following the bitcoin move.
- Volume looks good making the move
- MacD just crossed at the 1D and has still a lot to go on the 4H
- The technical target of the outbreak of this pattern would be 57
- HOWEVER : the next resistance rests on 54.5 laying up exactly at the 0.382 fib. level.
ENSUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
In the 4-hour time frame you can see that the price has been able to break its resistance line to the upside which has now turned into the support line. This is the pullback and we expect it to move toward the next resistance which is around $52. If the price goes below the line, we can say that we are in the bearish scenario. You can also see a head-and-shoulder pattern there and if the pattern works out, then the price will come down to $42 for the pattern to be completed and then the price will go back up.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
ENSUSDT SetupThere is a high possibility of having an upward trend, based on Ichimoku Clouds and Price Action. If you see, you will realize that ENS has touched the current level three times, which is a sign for a long setup. Remember, everything depends on BTC, but for now we have a bullish trend. If anything happens, I will let you know. lastly, whenever you are in profit, you can take it. ENJOY!