mike good ⌐◨-◨ on Warpcast

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https://opensea.io/collection/nouns

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Chris Carella pfp

Nouns is an emergent org which is something to love about it. As new members engage and others step back, or as entities acquire substantial governance stakes, the DAO's direction and ethos adapt accordingly. These transitions, while potentially disorienting, ultimately reflect the collective will of the community. Recently, I've become more attuned to this evolving meta, recognizing a shift towards a revitalized and healthy vision. Its probably time for me to step back, not because I disagree with the emergent meta but because it's not the right time for me to be in multiple discords, calls and dms to understand the meta. I'm looking for a delegate who would. I look forward to where Nouns is going while my heart will always be tied to the version that had an unwavering love and support for Ethereum and Ethereum Public Goods. ⌐◨-◨

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mike good ⌐◨-◨ pfp

mike good ⌐◨-◨

'disorienting' is a good way to put it. Sometimes i'm not sure if i'm watching a train wreck, or a train being built. So many thoughts, so much time and mind-share invested into nouns and the ecosystem. Feels bad watching anons dominate the auction and put everything into question.. but i guess the show will go on and we'll see where this leads. mikegood.eth if you're up to consider me for delegate 😅 🫶

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krel pfp

not trying to be disingenuous here, genuinely curious: are you not anon? is the difference just depth of pockets or something else? i understand the notion that things can feel uncertain when new members enter with large voting power but this is the nature of the experiment -- in theory, you or me or anyone could amass a large number of votes. And if we think/agree that auction price is at all correlated with longterm success of nouns, is not attracting participants like Jane exactly what we want and are all trying to achieve?

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Brett pfp

@brettdrawsstuff

Please don’t act like ur not skeptical. I know ur on the “benefit of the doubt” side and want to think people have good intentions but u can’t pretend like nothing suspicious is going on. Nouns was socially engineered in the past to get the fork put in play and it’s pretty clear it’s happening again, sans fork. The same people who fell for the fork bs are falling for this nonsense too and it’s pretty sad to see. Not sure what the end game is that’s at play but many of us are very suspicious and frankly, it’s too late to do anything about it now because they have full control over the votes and it’s been displayed more than once. I have talked to multiple members in dm’s about their thoughts and most people just are not speaking out publicly about it

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krel pfp

sounds like crackpot mostly

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Brett pfp

@brettdrawsstuff

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krel pfp

whats the attack angle? if you dont think im aware of threats to the dao i think youre missing important historical context

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mike good ⌐◨-◨ pfp

mike good ⌐◨-◨

Possible “Attack” angle; Accumulate votes for lowest cost possible via bot as we pass duna prop and angle for 501c3. We become 501c3 and people are able to dump tax dollars into nouns as write offs. Large block controls vote and funnels majority of funds towards self-interests; own businesses or experiments … FOREVERRRRR.. lol But let’s be real this is prolly just a bad movie plot and not likely 🤷‍♂️

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I Am Steve pfp

Can’t do that with a 501c3 without the State and Fed government after you, reporting is pretty strict the higher your revenue and compliance requires arms length transacting. 🥲 But there are people and charities looking at how we can properly facilitate crypto inclusion without the compliance challenges.

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mike good ⌐◨-◨ pfp

mike good ⌐◨-◨

cant do what? acquire nouns and help vote through seemingly legitimate props?

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I Am Steve pfp

They can, but transactions and expenditures have to fall under the mission parameters in the registered articles with the State entity and also meet the Federal guidelines. Nonprofits can support for-profits but risk defunding and loss of status if they simply pass donor/charitable funds on as profit payments. Now, re-granting funds as grants works but that’s more 501c4 foundation stuff which is why a lot of blockchain foundations exist in that form.

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mike good ⌐◨-◨ pfp

mike good ⌐◨-◨

ah nice, ty for the clarification. i mean, as far as i know no conversations/planning for this have even begun yet—But it was kinda baked in helping push people over the line to DUNA originally.. Now that we're a duna i assume folks will be helping push for this in c3 or c4 form, whatever makes more sense. but one could also disguise their org as a non-profit, especially if they're outside the usa, right?

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I Am Steve pfp

I’m not sure what DUNA is, I’m new to crypto still for the most part. I saw the 501c3 post and figured I’d hop in with some off-chain insight. 😅 Happy to help anyone learn and utilize nonprofit and 501 strategy though. It’s what half my doctorate focused on!

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I Am Steve pfp

There’s official government channels and APIs for verifications. Coinbase is helpful with this too — I have an institutional agreement with them with my arts 501c3. TLDR, nonprofit industry is so tradfi baked it’s begging for patient but innovative blockchain solutions to fix it. There’s just a ton of moving parts to address, but many of us *are* exploring the hows though!

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