Full disclosure:
I received a substantial amount from the ENS airdrop and I sold most of my tokens. Unlike the Cayman Islands, where the ENS DAO has been founded, my country considers airdrops taxable income valued at the time they were received. I understand that for many people this will be a "dude just hodl and you can pay off the tax AND buy a lambo when it 10x" situation - but for me, the risk of the token crashing and me still having to pay tax based on their value when I received them is too much for me to stress over right now. I don't make enough in my job to pay taxes in the next tax bracket on money that I may never realize.
Had I realized what the value of the tokens was prior to claiming them, I would have held off until next year.
So apologies for letting the ENS folks down, I've seen the shade being thrown at sellers like myself for giving up the responsibility we were given and treating the airdrop as free money... but that's what it is.
A question(s):
If decentralized governance was the goal, why airdrop tokens? Obviously, given the details I've listed above, the objectiveness of my cynicism is questionable. But surely owning an ETH name could have been enough?
If the concern is that people with lots of money could just buy lots of domains and garner more voting power... couldn't they do that with tokens as well anyway? If proof of use was enough to give people 'voting tokens' why not have proof of use be the mechanism by which you're allowed to vote instead?
Is scarcity something that a voting token should have? I guess I'll never understand some of the ideas floating around in Web3 or how some people determine what decentralized means.
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