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https://opensea.io/collection/nouns
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Elie
@elie
Nouns was a cool experiment. Nothing against the idea. It had potential. But didn't pan out in actuality. Maybe it would have for a different set of holders. This was clear 2 years ago as well. Nouns treasury still holds $20m. So maybe given another few years you'll figure something out.
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YES2Crypto 🎩 🟪🟡
@yes2crypto.eth
What is it that didn't pan out?
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Elie
@elie
What did pan out? There’s a treasury with 20m unspent. Not to mention the 50m+ prefork. The floor price went from 100+ to 3 eth. Yes that’s true of some other projects. But those are also failures.
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YES2Crypto 🎩 🟪🟡
@yes2crypto.eth
During the 100-3 ETH change, what did ETH price do? Can you specify the floor change in a stable such as usd? I’m new so don’t know the history and would appreciate some context. It seems unspent money and floor price is important to you. I get that altho disagree. I joined nouns to help and to flex. I’m satisfied so far
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Elie
@elie
If you joined recently you got a decent price. Actually a very good price considering the book value is more than double the price you likely paid. Floor change is available on sites like blur or opensea. Eth usd on sites like cmc. But opensea may also show it. Eth price is largely flat over 2 year timeframe. We went down and now we’re back to where we were.
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