Bixbite 👽

@bixbite

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Duna 🇺🇸 vs Swiss Non-profit 🇨🇭which is the entity structure both the Ethereum Foundation & the Solana Foundation choose to utilize. Pros & cons of each…. I’ll be doing a deep dive into this 👩🏼‍💻 But considering we have an ETH ETF & discussion of a Solana ETF, it appears these Foundations are doing just fine interacting with the US regulations from a distance, we could do the same.

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Duna 🇺🇸 vs Swiss Non-profit 🇨🇭which is the entity structure both the Ethereum Foundation & the Solana Foundation choose to utilize. Pros & cons of each…. I’ll be doing a deep dive into this 👩🏼‍💻 But considering we have an ETH ETF & discussion of a Solana ETF, it appears these Foundations are doing just fine interacting with the US regulations from a distance, we could do the same.

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I think if the Foundation wants to transition to a Duna it needs to fork and start fresh…. If not, your putting current and previous holders potentially at risk seeing as how no KYCs were ever done & we have indeed funded numerous people from US sanctioned countries…. You can’t just walk that back. Also, has the Foundation paid taxes at all on the last 3 years on the DAOs behalf? If so, we’re are the returns? Can they be made available through token gate access for holders? …. If no taxes have been filed, are we expecting a massive tax bill once the structure gets changed. Is it safe to say ~1/4 of the treasury will go to Uncle Sam? If a structure change is needed why not incorporate in Dubai or a place that has well established crypto regulations… the US is the biggest gamble right now given the current political landscape. Gary JUST sent Opensea a wells notice, and we really think it’s the best move to transfer the entity within the US 50 states? 😳

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Hosted the Nouncil call last week which has a max attendance of 40. We heard from 7 proposals and 5 candidates to hear about their proposals, ask questions and give feedback. Calls are recorded, so you can always listen back to hear from @davidzhorvath @willywonka.eth @thebower.eth @pip @bigshotklim @frankieco.eth @davinoyesigye and other! 💛 && yes @87bones here is my self nominated post, I hope the 0.56eth I've earned from these rounds in the last 3 months for hosting 100+ hrs is not offensive to you 😂 Think I'm at a solid $13 an hour before taxes 👌

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Reminder to all Nouncilors..... make sure to vote on active proposals 🗳️ With the increased voting participation rate to maintain Nouncilor status, there are a few people dancing that 40% line 💃 😳 Also, if you lost your Nouncilor status because of the increase - no worries - simply reapply, if your poll passes your rate resets. 🥳 For more information check out the updated docs 👇 https://github.com/JoeCars/nouncil-gov/blob/main/readme.md

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What Ai can say in 10 paragraphs a human can condense into 2. Use Ai to generate ideas, answer questions or get inspiration….. but please don’t try to have it replaced the human touch people can feel from written communication 😭

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I love watching Nouns Pilled Devs out in the wild.... building on Nouns && to think it all started with a Lil Nouns frame 💛

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Attention Lils.... Dont miss out your chance to claim 25 tickets 😍 💛

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I have a question.... what is the algo for this? 👀 I think I'm just way too competitive 😂 .... but if I have more votes & vwr but tied on revotes, shouldn't I be bumped up above Jesse & Drew? 👩‍💻 .... can the devs do something @krel

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.... I got 99 problems, and an active voting record ain't one 😂 What are the odds, Perfect Libra 10.10 🧘‍♀️ I'm all about the balance ♎

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I believe the social layer of governance is the most harmful layer. I’m a huge advocate for private voting, also anonymous feedback…. Why? Because ANYTIME you leave feedback positive or negative you get DMs…. It’s making me just want to vote & not say anything, but I feel I owe it to the proposers to provide feedback, but also do not want to deal with the backlash of providing feedback. Dammed if you do, dammed if you don’t….. but Anon activities eliminate these issues, we should also reset the culture to not take voting against a proposal so personally. An against vote does not equal an I Hate You, it’s a rework and repurpose if it doesn’t pass. 🫡

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Spicy Saturdays: Hot Take …. Burn The Treasury Nouns 🔥 I’m considering putting in a proposal for this, idea would be there would be a set date, say Halloween when the burn would take place…. So everyone can get their swaps in ahead of time. Rationale: giving out Nouns dilutes the governance of active participants…. && historically the % of Nouns given out that are left unused or delegated is larger than those given out that do participate. The dilution of governance was also something I mentioned in Nouncil, thankfully we passed a vote to raise voting participation rate to double the previous metric. I know it’s a spicy topic, but would love to hear everyone’s thoughts…. To burn or not to burn, that is the question. 🤔

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Host community calls they say, it will be fun they say …. What they don’t tell you is, you WILL become a soundboard sound bite … oooop 😂

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Hosting the Nouncil call, which is on fire as usual 🔥 Want to participate in on the conversation, join us here 👉 https://discord.gg/SkJuXVRe

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Only on @farcaster can you interact with your favorite developers 👩‍💻

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I hosted the Nouncil call Thursday where we peaked at 52 members on the call.... we got to review and give feedback on onchain proposals and candidates. We heard from @bobburnquist @thebower.eth @eusoujp.eth @rickyday @toadyhawk.eth @robotfishgirl @carlosjmelgar @willywonka.eth @davidzhorvath & more.... want to participate in on the conversations? Join us for the Nouncil call Thursdays at 10am EST 👇 https://discord.gg/SkJuXVRe

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Nouncil call on fire, as usual 🔥 Up next we'll have @bobburnquist share about his proposal, want to participate in on the conversation.... join us here 👉 https://discord.gg/SkJuXVRe

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Is it standard protocol that left over funds are returned back to the DAO?

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Not the ending I was expecting for a Sunday night.... just got a call that there was a shooting in my sisters neighborhood. She lives in a quite suburb in FL in a house they just had built with her husband & their kids. Tons of kids in the area, block parties with cookouts, a playground etc. Thankfully everyone in my family is safe and luckily she has tons of cameras, so she's able to help the police with footage..... it's honestly very sad that this is the world were living in. I pray we can somehow turn things around! 🙏

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