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Noun 40
@noun40
i continue to find higher fascinating nouns and higher are both headless brands but the *absence* of the dao seems to make it more obvious to higher fans that permissionless participation is welcome and encouraged the *presence* of a fungible token also creates more economic alignment amongst the fan base. any fan can buy any amount of $higher that fits for them. there’s a feeling of shared squad wealth that bitcoin has, ethereum has, that higher has but nouns does not bc most nouns fans don’t own nouns nfts of course the inverse of the above is also higher’s weaknesses. even with a $30m mkt cap, it’s probably hard to coordinate funding $100k+ or $1m+ community projects atm. bitcoin with its $1.5T mkt cap routinely struggles to raise ~$10m / yr for its ~50 core open source devs. tragedy of the commons is a real thing esp as you grow further
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Gramajo
@gramajo.eth
The noun backed token I feel will help a ton. I feel like I would have gotten involved a lot sooner if it existed tbh. Especially the ⌐◨-◨ one with fractionalized voting.
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wylin
@wylin
best part of $⌐◧-◧ is you wrap the coins into the NFT, same artwork as Nouns but we can build a FOMO/ crystal ball tool so you know when to wrap it to get the artwork you want
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Gramajo
@gramajo.eth
Yeah I’m really excited about it once I found out about it. If it lands on bcard I plan to get another noun via that cash back method 😂
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