HIGHER

Nouns

higher is growing and grappling with questions of collective economic action and governance (eg how should @aethernet be funded)

nouns is maturing (shrinking?) and grappling with questions of economic sustainability and focus

there’s a sense i have that the optimal point for max permissionless participation with max collective action is somewhere in between the models of nouns and higher

the fun thing is that these are permissionless systems so anything can be layered and built on top. i’m trying to advocate for a fungible token layered on top of nouns with $nouns (erc20 backed by the nfts). higher doing some partydao stuff for select things you could think of as layering light governance on top of $higher. it’s fascinating. 

also have just enjoyed seeing @martin @six and @lght.eth cook with higher. i can almost notice the things they’ve taken from nouns and the things they’ve left behind and it’s a joy to see them freely express themselves as their full selves!

this is high praise. nouns had a massive impact on my career and thinking. 

one way i’ve thought about the collective economic problem of higher is through “onchain norms”

example: what if every higher-aligned project pledged a % of all revenue to buy-back higher?

shaping the ideas that shape us /native /believein ↑ 🇵🇸

agreed. the key to protocol guild is that it’s internal coordination. money flows to one place and is then coordinated in a centralized fashion

the higher example would be externally coordinated — value accrues to a single token, but then every holder can do whatever they want with it

yeah the portocol guild 1% pledge is a similar idea i feel and has been decently successful