The Nouns Model of Cryptocurrency

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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

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.