Cointime

Download App
iOS & Android

ETHDenver 2023 Ran a Profit. Will Members of Its DAO Get Some of the Returns?

  • Wechat scan to share

DENVER –– The organizers of this year’s ETHDenver have a good problem to tackle now that the world’s biggest Ethereum conference has wrapped: what to do with its first modest profit.

For the first time in its history, SporkDAO LCA (Limited Cooperative Association), the Colorado collective that owns ETHDenver LLC and a handful of other Ethereum-focused entities, made enough surplus cash from its flagship conference that it might even return some of the money to members of the so-called “decentralized autonomous organization.”

In an interview, Conference Chief John Paller told CoinDesk the “back of the napkin math” indicated ETHDenver 2023 is around to $500,000 to $1,000,000 in the black. That’s no small feat given this year’s edition was the largest, most expensive production in ETHDenver’s six- year history and one that happened in the throes of a bear market.

DAO
Comments

All Comments

Recommended for you

  • The JuCoin ecological project JuChain has been launched on the main network, and the public chain co construction summit will be held. The ecological debut protocol is Butterfly

    Cointime News:JuCoin's self-developed public chain JuChain has been launched on the main network. The JuChain Public Chain Co construction Summit initiated by JuCoin will be held on May 15, 2025 in Bangkok, Thailand. The conference will release the first ecological agreement--
  • JuCoin CEO: UX design in the encryption industry needs to pay attention to user emotional details to enhance user experience

    Cointime News: JuCoin CEO Sammi Li delivered a keynote speech at the TOKEN2049 conference, analyzing the current challenges in user experience (UX) design in the cryptocurrency industry. Sammi Li believes that the existing encryption product experience fails to effectively empathize with users, often leading to usage anxiety, which hinders the large-scale adoption of Web3. Combining her rich experience in the luxury goods industry, she emphasizes that building trust relies on paying attention to user emotions and critical moments of interaction, and constructing it through details rather than simply technical presentations. JuCoin is applying these user centered design principles to its Web3 ecosystem construction, aiming to lower user barriers and enhance user experience by optimizing JuChain and related product designs. It calls on the encryption industry to think together and place user experience at a more core position.
  • Xiongan New Area: Combining blockchain with digital RMB to launch "Digital Currency Loan" product, with payment amount of nearly 100 million yuan

    On January 11th, according to the Xiong'an Public Account, the digital RMB pilot in Xiong'an New Area has achieved new results. The first digital RMB tax payment transaction in the financial field has been completed, and self-service tax terminals have been developed. The "blockchain + digital RMB" technology is applied to government procurement management, increasing the proportion of advance payment and landing multiple applications to solve corporate problems. In 2024, the People's Bank of China Xiong'an New Area Branch, together with the Xiong'an New Area Reform and Development Bureau, will launch the "Implementation Plan for the Deepening of the Pilot Work of Digital RMB in the Rongdong Area", to enhance public awareness. By combining blockchain with digital RMB, the "digital currency loan" product will be launched, with a payment amount of nearly 100 million yuan.

  • Fardi Wang, Chairman of NEXUS 2140: AI•Web3•Ecom Global Expo, Made Appearance at Meta Crypto Oasis 2025 in Dubai

    Fardi Wang, Chairman of NEXUS 2140: AI•Web3•Ecom Global Expo, recently appeared at the Meta Crypto Oasis 2025 in Dubai, joining global Web3 leaders such as Justin Sun (Founder of TRON) and Chris (Co-founder of Sonic) to discuss the future of the industry. As the first cross-industry event integrating AI, Web3, and E-commerce, NEXUS 2140 is accelerating its international expansion through Fardi Wang’s active participation. At the summit, Fardi Wang emphasized that the integration of virtual and real-world assets is the key breakthrough for the Web3 ecosystem. He mentioned: “NEXUS 2140 is leveraging Korea’s policies, technological strengths, and ecosystem advantages to build a global industrial hub.” His insights received strong recognition from attendees, and the Dubai visit further amplified the international influence of the event, injecting new momentum into global digital economy collaboration.
  • BitradeX Partners with NVIDIA for Deep Collaboration, Leveraging GPU Power to Lead the AI Trading Revolution

    BitradeX has announced its partnership with NVIDIA through the NVIDIA Developer Program, entering into a deep collaboration to optimize its core AI trading model, ARK Trading Model, with NVIDIA’s A100 and H100 GPU clusters. This collaboration has significantly enhanced ARK's decision-making speed and precision, reducing decision latency from 2.1 milliseconds to just 0.07 milliseconds. This deep partnership marks a technological breakthrough for BitradeX, propelling the industry into the "AI Quantification 2.0 Era" and offering users a more efficient trading experience in the global financial market.
  • AI Big Model Empowers Cryptocurrency Market, BitradeX Leads Industry Transformation with Forward looking Layout

    The latest industry analysis from BitradeX points out that the explosion of AI big model technology is bringing revolutionary changes to the 24/7 uninterrupted operation of the cryptocurrency market. The all-weather trading characteristics and high market volatility provide unique advantages for AI enabled quantitative trading. BitradeX has been the first to launch an AI Bot product by deeply integrating cutting-edge big model technology with high concurrency quantization systems, achieving millisecond level market analysis and intelligent decision-making. The platform believes that the combination of AI and encryption will reshape the industry landscape, and in the future, the competition core of exchanges will shift from simple trading to intelligent investment services. BitradeX has taken the lead in laying out and leading this wave of change. Official website address: bitradex.com
  • 🚀NEXUS 2140 KOREA

    🌍AI· WEB3· ECOMGLOBAL EXPO📍 Goyang, South Korea📅 2025.6.21-22✅ Convergence of 🌟 top-level resources🇰🇷 Supported by the Korean government | 🤝 500 Global Enterprises 🌐 | 150 Investment Institutions 💰 | 3000 KOL 📢✅ Frontier field coverage 🚀AI 🤖 | Web3 🌐 | ECOM's 🛒 three tracks, detonating future business opportunities! 💥✅ High-spec exposure 📡100M media traffic 🎥 | 30K Social Buzz 💬 | The world's top media cooperation 🌎✅ Celebrity event blessing 🎉Summit Forum 💼 | Project Roadshow 🏆 | 15,000 people concert 🎤🌟 | Community dinner 🥂 for 1,000 peopleStrong support from the government, international recognition and praiseConvergence of cutting-edge fields|Industry elites gathered———————————————🚀 Infinite innovation, unlimited 🔥 business opportunities
  • 🔥【OG All-Star Assemble in Hong Kong!】

    Web3 Carnival Blockbuster Dialogue, Crossing Bulls and Bears, Insight into the Future! 🌐💥📅 Time: 20:30, April 11 (UTC 8)🎧 Cointime Space hits the hot spots: BTC × DePIN × AI × DAOPredict the trend and decrypt the wealth code! 💰🧠🎙️ Super guest lineup:@June_tsy Author of "WEB3.0 Appearance".@Whdysseus |1783DAO promoter@BTCXminer |BTC Miner & DePIN Investor@GodotSancho | Head of Research, Manta Network@jackypan988 | Principal Advisor, Cointime📍 This conversation is not to be missed 👇🔗 https://x.com/i/spaces/1YpKkBpXYgAxj
  • Cointime精选 ·

    Left-Curving DAOs

    For the past twenty one days I have been obsessed with a decentralized project called Higher. If interested in the origin lore you can read more here.
  • Cointime精选 ·

    DAOs as novelty search engines

    DAOs are collaborative networks which are likely to have a unique role in the future. To determine this role, you need to be able to look beyond what is happening today. Like a toddler taking its first steps, the DAOs of today are immature, unsteady and likely to stumble.