Nouns

One Noun, every day, forever.

nouns.wtf

Alright, so after a few weeks of back and forth, the referendum to turn Nouns into a US-based non-profit, aka DUNA, is finally up. There’s been a ton of chatter about this in the Nouncil Discord, especially in the “nouns-duna” and “general” channels if you want to dig deeper.

Here’s the gist: while there are some tax perks, mainly for US folks, there are some catches. If we move forward with DUNA, Nouns will need to comply with US regulations. That means all development and grants, past, present, and future, must fit within those legal boundaries. KYC is coming for grant recipients, though not for voters yet. And buyers? There will be wallet checks, at least for now.

Something else that doesn't get talked about enough is how this will effect demand for Nouns outside of the US.

For those living elsewhere, do you *really* want to be part of some random US regulatory entity?

retired noun | crypto native build0000r | x.com/three_9s