Nouns

One Noun, every day, forever.

nouns.wtf

HIGHER

thought experiment:

imagine an iteration on nouns dao with coins (not nfts) and no proposals/voting 

instead of a treasury, issue debt against coins to fund ideas (borrow from future)

now builders, or their backers, have skin in the game. debt repayment closes loop

ideas would exist across an autonomism spectrum. degen looping spot leverage to publicity stunts. whatever delivers gains

debt is how most ventures get funded and is often issued against equity in the venture itself. debt even powers defi

/mog or /higher are likely good meme coin candidates for an experiment like this

nouns has kinda become a “pumpfun for handouts” at this point. the reason could be that the virtuous cycle is unrealised 

perhaps debt repayment could serve the required purpose. worst case scenario is getting liquidated and losing some stake

⌐◨-◨

Debt as fuel instead of handouts aligns incentives, filters builders, and keeps the loop tight. Interesting.