Nouns

One Noun, every day, forever.

nouns.wtf

Gentle reminder that 1 million $nouns are created for each deposited Noun.
Nouns auctions have been fluctuating between 5-7 eth past month = 0.000005-7 eth per $nouns

Contract addresses on tabs.wtf
Please ape responsibly.


🙏

emphasizing that there’s nothing to ape into. $nouns is just nouns nfts in a fungible wrapper. not a new token with its own independent token supply that can 100x tmrw. ppl will deposit more nouns to meet demand and $nouns will trade in line with nouns

The mechanics are different but this is really the same as $nogs since it was not launched by prop. 

I won’t be depositing my noun. But have fun all.

building /gmfarcaster network |
blockchain ENT prof |  ⌐◧-◧ Nouncillor, Nouner, BuilderDAO community resident /builder |

https://www.gmfarcaster.com/ 

absolutely not! a nouns backed fungible token is very different from a entirely independent token supply

And this IS an independent token not backed by the DAO. Each noun has $nogs vested also and that erc20 is released with activity. Plus you earn for Lils, Gnars, yellow. Better approach imo. I don’t have to deposit any tokens.

yes and it’s totally fair for you to say that you like it better! but not fair imo to say that $nouns is basically the same thing as $nogs. the two are as different as is nouns to $nogs

I literally see no difference except mechanics—two tokens giving erc20 for holding nouns. 

And I just don’t think $nouns adds value to the overall narrative of nouns. I could be wrong and if I miss “generational wealth” in the process so be it. Won’t be the first or last time I’m sure lol

Too bad you didn’t stay for the after party —could have had this convo in person while waiting in the tattoo line lol

Except there’s no mechanism to buy nouns with those $nouns correct? In order for that to happen (example buy from treasury) wouldn’t there need to be a prop? So right now in this moment they are the same. 

Or can I buy the ones that have been deposited? And if so, why would I deposit my beloved pipe?

it’s not about general wealth! it’s not it’s own memecoin. $nogs is that. it’s an entirely separately managed separate token with its own price. $nouns is simply nouns divided into smaller fungible pieces. same economic exposure as buying nouns