nouns-duna

An important Nouns Foundation update:

Exploring a New Legal Framework for Nouns DAO | The Wyoming DUNA https://foundation.nouns.wtf/2024/09/06/duna/

Please read and share your feedback using the urls in the post. Thank you. ⌐◨-◨

Original post from foundation on X: https://x.com/nounsdao/status/1832052529254789260

Governance Public Utilities for @zksync at @thezknation

Please post in the feed /nouns-duna for visibility. I'm but a messenger here.

Any reason why Nouns isn’t considering an Austrian Association under MiCA instead? This was a novel solution that I’m happy to connect you two the right people.

Makes a ton of sense. Neil (doc director for nouns doc) currently exploring a doc on this legislation. He’s a great resource as well.

bookmarked - ill get to it this afternoon when im done getting smashed by big corporate

Nouns

The key points are in the pic. For those who don’t know, Builder DAO has been a Wyoming UNA (the precursor to the DUNA) since launch. 

And there were A LOT of issues in the beginning with folks outside the US who weren’t aware of the structure when joining. We did offer a brief opportunity to buy out tokens of those who weren’t comfortable with the new structure. (Info about BuilderDAO’s legal structure can be found in our About section)

I like the idea of getting rid of the fork. The arb & idea of “book value” has never sat well with me. Proportional exit is better. 

A lot of you are not going to like the KYC for grants. So one question I have @seneca is how will you handle rounds? For our grants we do require KYC before distribution for anything over $600 usd. 

Overall, I think this is a good move but it will not be without its challenges.

Dropping this here too 

https://warpcast.com/nounishprof/0x63689eac

This makes me feel a lil better and more comfortable as I dive even deeper into the noggle shaped rabbit hole witb Nounish friends and other activity

There’s no place to write feedback on the blog post tho.