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https://opensea.io/collection/nouns
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Gami 🌐
@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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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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Goldy ⌐◨-◨
@goldy
interesting OP and interesting reply here.
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Gami 🌐
@gami.eth
very interesting reply. don’t forget eth has halved in value too, so probably more like 90 votes for the same price. but time is the issue here. time taken to acquire what is still a tiny influence, while during that same time spending doesn’t decrease and you’re racing against the noun o’clock to acquire enough to slow spending. still a rich person game. except now you need to be even richer because you also need to be able to commit the ungodly amount of time required to attain the vote i did in a couple hours of bidding back at 189.
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