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The Nouns DAO Evangelist — Jacob Horne

Building At The Edges

CHAPTER

The Nouns Model of Cryptocurrency

The value of nouns is more embedded in sort of like the deep financialization of crypto so far and edging towards what I would say is more like a culture or meme. So it's probably just the best way to work to co-opt to a certain degree to sort of capture this value. The NFT model works as following: You have an NFT that is minted each day. It can be a unique NFT that was generated on the fly, could be the same image being minted every day. But what's interesting is the ETH from that auction goes directly into a treasury. And that NFT is one vote over that treasury. On day 10, you'll

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