Noun 40
@noun40
main learnings: 1. fungible token is just much much easier to "dabble" in. i initially bought a small amount to just be supportive to @martin and @six. but the crazy thing is that once you dabble, you become interested. i started checking /higher daily and stayed tabs on what's happening
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Noun 40
@noun40
2. fungible token makes @rounds (and tipping) in the native token possible. in the /nouns channel you earn eth. in the /higher channel you earn ↑higher. when i earned ↑higher, i liked it more. pretty intuitive to the $degen ppl but i wasn't part of the $degen tipping culture so i didn't know this first hand
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Noun 40
@noun40
3. it feels much more like "money" and the trading UX is much nicer. ↑higher just literally shows up on my rainbow wallet. 24hr price change shows up. i can tap "swap" to buy/sell via onchain liquidity immediately. i ended up buying a few times more b/c the friction was so low.
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Noun 40
@noun40
all of this is making me even more convicted on the idea that we should launch $nouns (nouns backed fungible token; for example 1 nouns = 1,000,000 $nouns) i think it would 100x the economic owners of nouns by allowing ppl to dabble or earn small amounts and i'm pretty sure it gets ppl to pay attention / care
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Noun 40
@noun40
more on the $nouns idea: https://warpcast.com/noun40/0x20a27de6
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9193
@pip
why u fading $nogs tho? It's basically what you described but more
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Noun 40
@noun40
i had a long discussion with @0xsatori on this that might be illustrative to my thinking of how $nouns and $nogs are not the same thing: https://warpcast.com/0xsatori/0xd97ac0a1
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9193
@pip
Alrite cheers will take a look, but imo $nogs could be whatever nouns want it to be
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Noun 40
@noun40
i don't think $nogs can be nouns tho! my proposal for $nouns is just to allow nouns to be transformable into another form factor (erc20s). allowing $nogs to convert to nouns would be a token merger of sorts, a much different thing to what i'm proposing.
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