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https://opensea.io/collection/nouns
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@seneca
$nouns is the erc20 form of the canonical nouns nft. at a high level, the thesis is no different than that of the nouns nft as they are the same thing. as for specifics: https://warpcast.com/el4d/0xddc72a34
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surprised to read this from you. Not sure the most efficient thought example to offer but one is to imagine that 100% of the market cap is expressed in $nouns. Remember there are no governance rights attached. Is the thesis unchanged? You may be happy with this trade-off but the assets are substantively not the same
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