Nouns

One Noun, every day, forever.

nouns.wtf

Nouns DAO will go broke next year. 
If current trends continue, the DAO will face major financial strain. While our treasury spending has remained consistent, auction revenues have plummeted. Diversifying our revenue streams is no longer a nice to have. 

Some sobering statistics from the past 30 days:
* Auction Proceeds: 100.2 ETH
* Spending: 69.5 ETH + 2 nouns 
(data from Camp) 
But…. there are five upcoming proposals starting this week with a total ETH request of ~171 ETH.

We can remain complacent and hope auction revenue increases, or take proactive steps to seek out the future of the DAO.

The choice is ours.  “there are no silver bullets, only lead ones” - Ben Horowitz

What's cool about DAOs is adjusting behavior as dynamics change. You think we continued our behavior from prefork to post forks? Making assumptions about how everyone will react is tough to do.

I like pixels and scribbles, building /tavern  ⌐◨-◨  テ Φ

Great point and i agree based on the past the DAO can adapt. 

However, the numbers don’t lie. We can be proactive. Otherwise the constraints of a declining treasury will just force it again.

I don’t think behavior has changed much tbh the past few months I’ve seen plenty of poor spend (subjective but wasteful imo and I think many others would privately agree)