Nouns

One Noun, every day, forever.

nouns.wtf

Recommend giving this a listen before making your decision on DUNA vote

Recommend giving this a listen before making your decision on DUNA vote https://youtu.be/2Q9O5SJjpAM?si=ofVjml6s5yBFj0G6

Just gave it a listen, and it hit me: Nouns has never been a DAO. It’s basically a web2 startup, hunting for market fit and controlled by a bunch of board members. Am I get it right? 😹

Self-taught Software Developer | Freelancer | Crypto and Web3 enthusiast | Passionate about coding, decentralization, and exploring the future of the internet

Let’s say there’s a DAO. The members vote to allocate hundreds of thousands of dollars for a specific purpose. Then, out of nowhere, some big shots decide to redirect that money without informing the members or letting them vote on it. What do you call that? Now, if anyone outside those influential few did the same thing, what would you call it? You may call it pointing fingers, but I see it as a question everyone should ask themselves if they were a member of that organization. 🤯

Let’s be realistic: the question is, in which parallel universe would the holders stay silent about embezzlement from the organization’s resources if they truly believed their voice made a difference or that they had a role in that organization? 🙀