Nouns

One Noun, every day, forever.

nouns.wtf

Yesterday @nounsdao passed Prop 513 approving 950,000 USDC to fund development of an incredibly nounish art park in Austin, TX. This video gives a great <2 min overview.

In 1 minute, voting begins on prop 516 to Make Austin Nounish. Learn all about it in this lil thread.

https://vimeo.com/920644132/183f735ef6

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Prop 516 is being made by @atxdao, the top web3 community in Austin and the top city DAO in the world. ATX DAO is an unincorporated non-profit founded in 2021 boasting 215 NFT-holding members who govern an onchain treasury over $100k. To dive down the rabbit hole, check out our prop:

https://nouns.wtf/vote/516

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Buidl the change you wish to see in the world. Customize your space on /nounspace, download @shapeshift, donate on @giveth, pick up @trashnfts #bestdayever

Last August, the ATX DAO community voted unanimously to fork Nouns and launch ATX Nouns. The decision was not taken lightly, and marks a significant evolution to ATX DAO’s DNA going forward.

https://snapshot.org/#/atxdao.eth/proposal/0xf25c1a9a095cb4c1ad86e79cacc5a77c48fcf24f50b1838133e518121af3320f

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Speaking of DNA, we built something nounish called Dynamic Noungorithmic Auctions. Nounish communities now have the option to implement dynamic auctions in which they set a target price (updatable by governance) and the auction duration fluctuates up or down if the last sale price(s) are above or below the target. 

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We’ve completed development and the community is excited to launch ATX Nouns and battle-test the DNA model. If the Nouns stack + DNA model work as well for ATX as we anticipate, we have a growing list of top cities already interested in replicating the ATX Nouns model in their local community.

citydao.network

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