.megan_kaspar got into crypto early and knew what she wanted. She is a founding member of the first fashion-focused DAO, RED___DAO, which bought the most expensive fashion NFT to date. More from the RoadtoConsensus for Consensus2022:
are wear-to-earn, but it's mostly like move-to-earn or act-to-earn. Ultimately, these “to-earns” will come down to using some form of digital fashion or wearable. It may not be an avatar, but it'll most likely come down to accessories, fashion, clothing. And that's an incredible capability that gets unlocked.We haven't done any staking or renting of our items yet. There just aren’t any really sophisticated platforms for us to do that right now. But we’re looking at it.
All the decision-making happens inside of a Discord channel that's gated. You can only enter with the wallet that you use to contribute to the DAO. Everyone evaluates things together in different channels and then it goes up for a vote through the DAO's blockchain platform. Voting on-chain is weighted, depending on the amount of ETH that member has contributed to the DAO.
Many people are concerned about the energy consumption of blockchain technologies and resulting climate concerns. Do you think this will stand in the way of mass adoption of metaverse wearables and other NFT-based digital clothing and accessories? So many large corporations both in and outside of the fashion industry are using the argument that blockchain is this super-polluting energy-consumption mechanism, which is far from the truth.
If you look at the data on the amount of energy consumed by global bitcoin mining, it's 189 terawatt-hours as compared to 162,194 terawatt-hours of total global energy use, so that accounts for only
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