I think many people who are buying Nouns are doing it with at least that assumption at one level. There's obviously contingencies built into their structure that kind of supports or safeguards at two degree, but I think it is going to be interesting to see the best and the worst of people come out in a very public way as these things become valuable organizations. And maybe because of the way the NFT works, that means that these things can increase in value over time in the same way that an artwork would. But looking at through the lens of a company or like a project or a startup, I think that's a no, no,no, no, no,. no, no
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.