Nouns

One Noun, every day, forever.

nouns.wtf

I was thinking yesterday about the feature of trading a coin for another coin

I think that the market could follow the trend of a new token

the coin don't need to pump forever, but maybe the owner actions could make their coins pump

another thing is a possibility of the winner pay the token value only using the coin fee, I think this could create a very good incentive for bidding and shilling the token

it's not our job the desaturate the market, we are just surfing the zora wave

could coins for every token minted become a revenue stream for daos?

they don’t need intrinsic value just speculative potential it should be up to the auction winner to decide what to offer their holders

but I'm thinking hard about the fees generated through an attention market emerging from public goods

† Faith + Founder + Artist – frankie.co + x.com/franke + zora.co/frankie + Instagram.com/frankie • Building – problem.tv + cares.tv + $CARES + nouns.wtf #713

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

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any thought to share here?

@scottrepreneur.eth @willywonka.eth @rocketman @fcarva @0xsatori @frankieco.eth

Hacker founder using ai to coordinate onchain economies /tenfold, nounish channel client /comint

More: rubinovitz.com

Michelada connoisseur. Chief Onchain Officer at /area51 since 2022 AD. Focused on digital art & crypto

Trading fees can definitely be a valid rev stream/biz model, but only if the volume is there. 

Could these tokens attract meaningful volume? Maybe, but I'm skeptical.

Personally more bullish on the DAO using some ETH and Nouns from the treasury to LP in the $NOUNS pool to generate trade fees from volume there.

I also think @rubinovitz' vision for Comint and @gramajo.eth's for Futarchy are worthwhile experiments to explore. Further, if Nouns DAO can accept token allocations, I think this could be a healthy way to return value to the DAO for successful initiatives. Planning to start a topic in Camp today to get more clarity on whether this is daoable.

Stay tuned on Futarchy and revenue sharing/% of stake/ownership 👀