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# ๐ Nouns House DAO

# Down NFT Sales Stopped
We've temporarily halted the sales of Down NFTs and cancelled all existing purchases. The proposal will be revised based on the feedback received, and sales will recommence shortly.
# ๐ Executive Summary
We propose a strategic investment in "Nouns House DAO," a venture initiated by He Nouns 312, requiring a capital of 312 ETH. In exchange, nouns.eth will receive a 10% allocation of the token supply. Our objective is to transform the property rental sector through the integration of smart locks and applications, ensuring transparency and efficiency in the process. By leveraging the strength of the Nouns brand and community support, we aim to introduce innovative opportunities in governance, user experience, and property utilization through NFTs and fungible tokens (FTs).
## ๐ What is Enabler DAO/LLC?
Founded by Yuki Hamada, a seasoned tech entrepreneur and former Executive CPO of Mercari, Enabler DAO/LLC operates as a Decentralized Autonomous Organization. It also maintains a legal entity status as an LLC in Japan to facilitate formal contracts, participating as a member of the DAO. The organization currently manages a range of luxury properties located in Tokyo, Hawaii, Kyoto, and Hokkaido, demonstrating a profitable business model in real estate. The transition towards tokenization is underway, with plans to issue utility tokens based on property usage, offering unique benefits to NFT owners.

## โ Why Approve This Proposal?
### Beyond Art ๐ญ๐
We emphasize collective management of our properties, fostering a sense of community and cooperation. This initiative extends beyond monetary gains, focusing on building relationships and enhancing our spaces through collective decision-making. The integration of AI will further streamline management processes, emphasizing the communal aspect of our project.
### Setting a Good Precedent ๐๐
Our approach has the potential to establish a positive precedent for future DAOs and projects, contributing to the strength and evolution of the decentralized ecosystem.
### Approval and Participation Mechanism ๐ณ๐ฅ
Decisions on these matters will be made post-approval by Nouns House DAO, with participation options available through nouns.eth (treasury) voting or involvement in DAO auctions. The 312 ETH will be transferred following decentralized procedures.
## ๐ Nouns House: Updated Features
### Artwork and Rewards ๐จ๐
**Nouns House** will feature **NFT Artwork Tokens**, inspired by Nouns and available in various categories:
- **Houses ๐ **: 90%
- **Islands ๐ด**: 9%
- **Earth ๐**: 1%
These tokens offer holders the opportunity to unlock special rewards and benefits.
### Property Contributions ๐ก๐
I will contribute seven properties valued at approximately $10 million as part of the project launch. For further details and updates, visit [our Instagram page](https://www.instagram.com/enabler.fun/).

### Property Utility Tokens ๐ ๐ช
**Nouns House** will also issue **Property Utility Tokens**, managed by **Nouns House DAO**, providing utility access to the properties.
### Legal Aspects โ๐
We acknowledge the complexities involved in transforming physical properties into digital assets and are committed to ensuring legal compliance throughout this process.
## ๐ Conclusion
We are confident that the approval of this proposal will bring significant benefits to both our initiative and the broader Nouns ecosystem, and we look forward to your support and participation.
## FAQ: Enabler & Nouns House DAO Partnership
### Enabler's Traction ๐
**Q:** What progress has Enabler made so far?
**A:** Enabler DAO is already operating luxury properties in various locations and is on track to achieve profitability by December 2023, indicating a promising future for Nouns House DAO.
### Transition to a DAO ๐
**Q:** Why transition to a DAO, specifically Nouns DAO?
**A:** Nouns has exerted a considerable influence on the industry, and we find their approach highly favorable. Hence, we are adopting their method of selling governance tokens.
### Nouns' Gains ๐ฐ
**Q:** What benefits does Nouns stand to gain from funding Enabler, aside from property ownership shares?
**A:** Nouns members stand to gain from the potential success of this innovative investment model.
### Proliferating the Nouns Meme ๐ฃ
**Q:** How does this partnership help in proliferating the Nouns meme?
**A:** This project exemplifies the real-world impact of Nouns, connecting the community with tangible assets and proliferating the Nouns meme.
For updates and queries, follow me on [X @yukihamada](https://x.com/yukihamada) or visit our Instagram page [Enabler.Fun](https://www.instagram.com/enabler.fun/).
## ๐ค Roadmap
Upon approval of the proposal:
### 1. Proposal Approval โ
The community decides on our future.
### 2. NFT Auction Begins ๐จ๐จ
We initiate the NFT auction, offering unique governance and user experience opportunities.
### 3. DAO Establishment ๐
Nouns House DAO officially forms, transitioning us into a decentralized, community-driven entity.
### 4. Community Building and Governance ๐ค
NFT holders engage in governance, shaping the DAOโs future.
### 5. Implementation of Features and Services ๐
We roll out our innovative real estate solutions and unique experiences for NFT holders.
### 6. Long-Term Growth and Evolution ๐ณ
We continue to innovate, expand, and deliver value to all stakeholders.
-nouns-house-daoWe have discontinued the sale of NFTs.