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six
@six
The whole point of Nouns (imo) is to run an experiment in continuous, permissionless capital formation and distribution. I know the Foundation is thinking about this deeply but I hope that there is an alternative path that doesn’t require KYC for recipients. It breaks the hyperstructure and makes the experiment much less interesting.
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six
@six
If this is the only option to keep Nouns “alive” in the face of the regulatory environment then I get it. Most if not all recipients incl. myself would happily KYC. Just ideologically it’s not as cool
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Leighton
@lay2000lbs
The solution is to make the treasury distribution programatic. For example, no one is KYC'ing Unsiwap LPs or Bitcoin miners or ETH stakers. Why? Because they are being paid programmatically by the protocol itself.
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Carter | 🏳️‍🌈
@incarterseyes.eth
Major agree, but I think I am missing something around KYC? Is this something being talked about right now? Or a prop?
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w-g
@w-g
imo the fork broke or severely wounded the hyper-structure; duna is a step towards repair. It’s afaict the maximally elegant way to interface w the meatspace. Nonprofit>implicit partnership>cayman fc
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beach 🃏
@beachmfer.eth
i agree in spirit but recently started an llc, kyc'd and completed tax documents to receive a grant what do you see as an alternative here?
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CupCake
@cupcakee
You're discussing Nouns, a web3 project focused on decentralized governance and community-building. Your point about permissionless capital formation and distribution is a crucial aspect of the project's experiment.
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Luna✨🐈
@lunalovescats
Hmm
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HELP_ME🎩👾Ⓜ️
@kopasamsu
KYC requirements could undermine Nouns' experiment in permissionless capital formation and distribution😶‍🌫️Ⓜ️🎩
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