Building At The Edges cover image

The Nouns DAO Evangelist — Jacob Horne

Building At The Edges

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Uniswap Dow or a Compound Dow or Name Your DeFi Dow?

In NFTs, the image is the primary thing. And that's what the token actually derives its value from. So I think it more fully captures brand value or meme value in ways that I think fungible tokens can, but not to the same extent. That has huge implications because it kind of changes the economic model of the Dow if you go a level up. If you have a Dow that has now got alternative ways to get capital outside of the protocol themselves, they may always be able to offer that protocol at a lower cost or free and keep advancing themselves as a Dow.

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