One Noun, every day, forever.

nouns.wtf

Nouns

a high conviction nouns thought that i developed during the bitcoin etf led nouns break was that we need a fungible token for nouns 

(i'm aware of nogs but we need something redeemable for actual nouns + has real liquidity; nftx was a thing for a bit but never had liquidity)

i’m still convinced that $nouns (nouns backed fungible token; for example 1 nouns = 1,000,000 $nouns) should happen

if you have thoughts on the matter share them here in replies or dm me!

unless there’s meaningful pushback i’m gonna start pushing for it harder soon

I really feel like this should be integrated with NNS and $NOGS somehow

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Nouns DAO has funded 195+2E + $243,000 (over $1M marked to market at time of writing) for $nogs and NNS

the point is with auction prices trending downward, modulating a project the DAO has already spent $1m on would seem more prudent than starting from scratch

am wondering how this qualifies as a public good though

well if the point is that $nogs is already a fungible token associated with nouns so we should use that i disagree. the main point here is to make a fungible token that you can redeem for nouns