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.
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