One Noun, every day, forever.

nouns.wtf

Nouns

gm, @davidbr and I are working on the $nouns token, backed by Nouns. 
1M $nouns <-> 1 Noun NFT.

you're invited to read this short spec doc and reply with your feedback.
thanks!

part of verbs team, working on nouns things

gm, @davidbr and I are working on the $nouns token, backed by Nouns. 
1M $nouns <-> 1 Noun NFT.

you're invited to read this short spec doc and reply with your feedback.
thanks!

https://docs.google.com/document/d/1Uz4l8bAPaA2_gsUVZsZo_1dAmggAiYIn5sYba1IK10Q/edit?usp=sharing

working on nouns protocol ⌐◨-◨ https://mirror.xyz/verbsteam.eth

When I read this, my first impression was “now I can _melt_ a Noun into $nouns”

To clarify, the only way to get $Nouns is to deposit a Noun into the contract, therefore supply is still restricted correct?

The implication seems to be: 
1/n

Furthermore, it allows anyone with one or more Nouns to _melt_ theirs to be able to purchase items denominated in $nouns — or sell their $nouns if the market premium exists for the fungible asset.

if we add this functionality, anyone can write a proposal to _melt_ one or more treasury Nouns and airdrop $nouns to a variety of new builders / fans — creating a new type of engagement method and potentially governance signal process.

Correct. Supply is restricted by the ERC721 Noun supply