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0xen 🎩 pfp
0xen 🎩
@0xen
so i'm learning there are 2 nounish coins? who's got the $nogs v $nouns rundown? how are they different, alike? $nogs has first mover advantage and outrageous liquidity. what's the $nouns thesis?
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seneca pfp
seneca
@seneca
$nouns is the erc20 form of the canonical nouns nft. at a high level, the thesis is no different than that of the nouns nft as they are the same thing. as for specifics: https://warpcast.com/el4d/0xddc72a34
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0xen 🎩 pfp
0xen 🎩
@0xen
how has it been decided it's canonical? has there been a proposal that's passed for the erc-20?
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w-g pfp
w-g
@w-g
surprised to read this from you. Not sure the most efficient thought example to offer but one is to imagine that 100% of the market cap is expressed in $nouns. Remember there are no governance rights attached. Is the thesis unchanged? You may be happy with this trade-off but the assets are substantively not the same
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0xen 🎩 pfp
0xen 🎩
@0xen
$nouns isn’t anything atm because it hasn’t been proposed or voted on as far as I can tell so any claims of canon and so forth don’t amount to much. Maybe among insiders it’s a forgone conclusion though
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