I think the argument there, which I think is really strong, is that this is sort of like the hard application of tech. What is the net new thing that can be created here? And that has more of an exponential growth potential than maybe an iterative approach that is more constrained with certain things. It becomes even more clear in some of these NFT projects that have again had large run-ups and there's a ton of perceived value for those who own them. But it doesn't come into the equation as we're valuing or seeing the potentials here. The simple answer is: This is the value system for hyper structures.
Nouns DAOs are having a moment in the spotlight, with Jacob Horne —founder of Zora — as one of the more prominent evangelists. In this conversation, Jess and Jacob discuss a core question: Why are ERC721 tokens (NFTs) a more compelling form of ownership than ERC20s? They explore the connection between Nouns DAOs and hyperstructures, and a compelling take that forkability is additive to the ecosystem as a whole. Nouns DAOs enable localized nodes of functionality, thereby increasing optionality and infinite possibilities for proliferating a community meme. Communities exist, communities want to do things together, and they need a medium to do that — the Nouns model provides the tools to do exactly that.