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Toady Hawk 🟡 ⌐◨-◨
@toadyhawk.eth
It’s easy to paint nouns as a failure because it was launched during the height of the NFT bull with a valuation that maybe wasn’t sustainable, but @elie’s assertion that nouns is a failed experiment is only true if the experiment was “make your holders very rich.” It’s possible to be a member of a DAO and an onchain community for reasons other than that, and Nouns is proof. ⌐◨-◨ To wit: Name another NFT project or DAO that has…
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Elie
@elie
“Network value” 🤦🏻♂️ I thought it was about the culture. Or is networking with high net worth individuals with lots of LinkedIn friends what you mean by culture? It’s currently a failure because it’s created little of long term value. And this same sentiment about nouns existed 2 years ago. Had the community had a different attitude to creating long term value it may have been able to fund more value creating projects. To me nouns feels like a non profit. And there’s a reason for profits have larger impact on the world. You can seek profit and have impact.
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Michael Gingras (lilfrog)
@frog
so spot on
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Toady Hawk 🟡 ⌐◨-◨
@toadyhawk.eth
Nouns does have a pretty compelling culture, and network value is a small part of that (as it is with all human societies.) The problem with saying that nouns has done “little of long term value” is that it is impossible to prove or disprove that statement at this juncture. Maybe you’re right and nouns will be relegated to the dustbin of history. Maybe I’m right and in 10 years’ time it will be one of the only projects from 2021 that’s still relevant. Time will tell I suppose. In any case, the point of my cast wasn’t really to argue with you, I appreciate you sharing your perspective. I just wanted to give a different one from someone who has been pretty involved in the community since early days. 💛
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