One Noun, every day, forever.

nouns.wtf

Nouns

some sobering stats: 

total treasury: 5329 ETH
30 day spend: 536 ETH
30 day auction revenue: 172 ETH
loss: 364 ETH

months until treasury hits 0 at current spend: 14.6

think about this when voting on large proposals

Crypto, nouns, malleable software, interfaces, running. // working on @agora // https://0xmcg.com

100% agree -- this is why I'm more in the camp of "doing good through internet scale public goods" than "doing good via localized charity"

we need more people building value on top of the protocol. optimize for new world creation

accelerating agritech. empowering communities. ending hunger.
Founder: theCityFarmers.org

| sovereign | post-rich | 🇺🇸/acc | remilio

Yea, this is why I've typically been "stricter" than most with my voting recently. Nouns is not guaranteed to go on forever. Need to take spend into consideration and actually think hard if it will benefit the dao. Can't just throw away money bc the prop is fun

now imagine wag decides to stop propping up the auction and/or a fork removes 30%+ of the treasury

would be cool to see some treasury / spend dashboards for nouns

exploring avenues to bring revenue in other than auctions is interesting. All props today are loss-makers in strict financial terms to the treasury (net outflow) barring i think the Line short mint for protocol guild.

Which is where fungible token can shine in many different ways.

Can't we just use fancy vocabulary to ignore this reality?