Dear Bankless Nation, 
At this year’s Devcon event, Ethereum Foundation executive director Aya Miyaguchi gave a talk on the EF’s philosophy of subtraction.
This entails subtracting power to avoid the “natural tendency of organizations to grow and accumulate power.” It’s all about fostering a strong decentralized Ethereum community that can thrive with or without the EF.
Interestingly, this week in the NFT ecosystem we saw this philosophy similarly embraced by Nouns DAO as the decentralized collective announced plans to wind down its centralized Discord server for good:
Why? 
To no longer have a single centralized “official” venue where Nouns communications happen. Instead there will bloom many community venues and from that a stronger, more decentralized Nouns ecosystem.
There’s been plenty of debate about the decision. But in my opinion Nouns DAO continues to be among the most important projects in NFTs because of its willingness to make these sorts of moves. 
In other words, the group boldly pushes out opportunities rather than safely consolidating power, and I think that’s special. Sometimes subtraction is addition. 
All that said, thanks for reading everyone. Now let’s get you caught up on on the other big NFT happenings from this week ✌️
-WM

📣 General NFT News

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Action steps
  • First published here.