Gnars

Community owned action sports brand. Daily drops on [That's Gnarly](https://thatsgnar.ly). Powered by [Nouns DAO](https://nouns.wtf/vote/51). Join via ongoing auctions at [gnars.wtf](https://gnars.wtf). Be kind & [settle.wtf](https://settle.wtf). Successor to [Gnars OG](https://opensea.io/collection/gnars). Learn more at [gnars.com](https://gnars.com).

gonna write this all up asap. 

but i think there’s some serious truth to what @jacob had to say re nouns and tokens on this podcast with @jackson 

i’ve obviously been exploring this realm over the past two years and now i’ve built /imf i can unlock credit for any token 

so instead of being pumpfun for handouts, we can close the feedback loop for value accrual, by giving the community ownership that they can then borrow against. 

the biggest problem with the nouns model is simple: the feedback loop doesn’t work because there isn’t one. 

experimenting with coins and credit could happen alongside the existing dao. but my bet is it works better in the long run. b

https://podcasts.apple.com/au/podcast/dialectic/id1780282402?i=1000693974247

what if we create a new coin for every nft minted on the auction?

with the rewards split between the minter and the dao treasury

could it incentivize people to bid more? could the coins generate revenue for the dao?

mago hacker 🇧🇷🏴‍☠️ building /gnars and /nounspace

All we do is win-win 🌐 /imf 🤘 @gnars

reading about it here:

https://chatgpt.com/s/dr_680afa132bcc8191bd4aaa44a6b35521

if we create coins just for the sake of it, not tokenising content for example, we just limit the ability to borrow against our core asset. 

grants are one way. 

credit is circular.