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Content
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https://opensea.io/collection/nouns
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gami.eth pfp
gami.eth
@gami.eth
A thought on Nouns… We sell a 1/n vote everyday. Each day = n+1. So when I bought Noun 189, it was 1/189. Today, if you buy Noun 1492, you’re getting 1/1492. Auction 189 = 0.529% vote Auction 1492 = 0.067% Double the DAO’s age… Auction 2984 = 0.033% So the thing we sell, our vote, is always getting smaller. Forever. The longer Nouns lasts, the less each new Noun matters. The auction flywheel doesn’t work. We need to stop thinking it will. ⌐◨-◨
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Denizen Juan pfp
Denizen Juan
@dnznjuan
People say it’s about ethos or goodwill, but no one’s gonna keep buying NFTs for thousands just to support an idea that gives nothing back. That model doesn’t scale. Nouns needs to find a way to monetize. A venture-style community for creative projects, with a clear framework to propose and payouts only when real results are delivered.
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lil 67 pfp
lil 67
@pip
Auction 189 = 89.89e Auction 1492 = ~2e So I can get 45 nouns for the cost of Noun 189 rn 0.067*45 = 3% Getting 6x the vote % for the same price - but 500 nouns are in treasury so ur actually more like 10x your vote for the same price. idk what this means but i feel bullish
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Itsai ⌐◨-◨ pfp
Itsai ⌐◨-◨
@itsai
So you want to stop the daily auctions?
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