Reinventing Nouns (auditless.com) | |
I really enjoyed this helicopter view of Nouns as it helped me notice the structural challenges they're facing. It would be amazing to read Part 2 with more ideas about potential media investments. > A “poison pill” in the DAO context is an unforkable asset. Purchasing a crypto punk has been suggested in the past as one example but would not be considered “Nounish”. That's super interesting! I actually hadn't considered this yet. Basically, the Nouns treasury is incentivized to spend on assets that can be sold for ETH but where reaching consensus on whether they are to be sold for ETH requires a quorum. > Instead of Nouns doing finite campaigns for point-in-time brand awareness, it’s time for the DAO to channel brand awareness and build ownership in media assets. This had my imagination run wild. I wonder what fits the bill here | |
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