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https://opensea.io/collection/nouns
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maty
@maty
Can someone help me understand the extra 100k in NounsWatch proposal? It seems the DAO is not getting revenue from the sales.. the team keeps the profits from sales π€ why would the DAO pay on top of the profits?
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Rafael Miranda ββ¨-β¨
@dwiss
The revenue from the sales go into production, itβs not a profit for the team. The 50k or 100k is a success fee Nouns would pay for DWISS for promoting the DAO (our profit). If we do not successfully sell 500 or 1000 watches we make no profit
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maty
@maty
So you are saying you dont make any profit after selling 1000 watches? I find that hard to believe
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Rafael Miranda ββ¨-β¨
@dwiss
We do if we sell it full price, on the crowdfunding campaign we will price the watch 40% or 45% off. To get more awareness and sell more watches but very low profit.
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