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https://opensea.io/collection/nouns
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wiz
@wiz
I appreciate people's efforts to ensure sustainability for Nouns and improve the DAO's operations. However, I want to offer a word of caution: piling on bureaucracy could alienate existing members and discourage talented individuals with the skills we’re after from joining us. Additionally imposing below market or regionally focused comp will also repel talent. Nouns operates like a marketplace. We’ve got capital to offer, but we’re up against other opportunities vying for the attention of the world’s best builders. Choose wisely?
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Michael Gingras (lilfrog)
@frog
Definitely some balance between wanting to give people opportunities and paying them well with being frustrated by outcomes and not feeling like ROI has been there fully. Tech is probably the domain I can speak best to, I think the 300k FC round is a good example. $for$ that probably wasn’t “worth it”. Only 1/3 actually got built so immediately that’s 200k pissed away. The last client nounspace is a genuine effort and I love to see that but I don’t think it became the beacon of nouns x fc that folks hoped for when funding that prop. As a result, people become jaded about tech props, and leads to things like base paint team offering to explore a few ideas in nouns for a modest amount (50k) and they get laughed out of the room. Huge miss imo to fund work class talent with proven track record. So we should fund great talent fairly but also be okay with more accountability and scrutiny
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wiz
@wiz
the same could be said for funding in any domain. most things don't work, especially bold ideas. but the ones that do make up for the losses. if people don't like risk they shouldn't be part of an organization that funds things OR people should try to build something themselves to understand :) (hint: they won't / can't)
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Michael Gingras (lilfrog)
@frog
I agree, definitely. Maybe we just need to vet people more. I’m ok with a genuine effort that’s a miss, but not very happy when we fund 3 fc clients and 2 legitimately do not do any work whatsoever.
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Gabriel Ayuso
@gabrielayuso.eth
This is incorrect. All three did work but the perception is that we didn't because the results got no traction. I built an MVP for the three months casting about it every week. However, I never got any feedback or real usage. So after the three months were over I joined Merkle to improve FC for everyone, not just Nouns. I also gave nouns back >90% of the money. I do agree that nouns needs a better approach to funding projects. Especially these types of projects that aren't trivial to build, maintain and to get people to use them.
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wiz
@wiz
💯
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