Purple DAO

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One of the first noun style DAO's to be built on nouns builder is from the Farcaster community. The Purple DAO exists to build the ecosystem within the Farcasters ecosystem, which is sort of like a web three Twitter-ish. Essentially, you have this nouns mechanism that has, I think, tens of thousands of dollars in the treasury right now.

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.