Content pfp
Content
@
https://opensea.io/collection/nouns
0 reply
1 recast
1 reaction

Gami 🌐 pfp
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. ⌐◨-◨
3 replies
3 recasts
31 reactions

L0g1cal16 pfp
L0g1cal16
@l0g1cal16
Agreed. The diminishing returns suggest a shift in strategy could be necessary to sustain community engagement and value in the long term.
0 reply
0 recast
0 reaction