Nouns

One Noun, every day, forever.

nouns.wtf

Imo we limit ourselves if we make it too formulaic to a Noun. Should be like quantitative easing: we need power to mint! 😀

One version is 1000 $nouns are auctioned everyday

there’s two paths floated for $nouns:

1. allow ppl to convert nouns to $nouns at a fixed ratio (eg 1 noun = 1,000,000 $nouns)

2. issue a separate token supply that the dao manages / sells.

i lean #1 b/c i don’t like the idea of managing two token supplies… but @wilsoncusack thinks #1 is limiting.

thoughts?

we should aim to keep it as simple as possible. #1 builds atop of “one noun every day forever” .. you actually need no additional explanation since the core mechanic stays the same. a new token would add an entirely new dimension.