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Memo 0x297ec9de…bf62dd on Ethereum

FImagine a world where voting does not exist. In this world, we would have no need for rules or principles. But in our world, voting is a reality. So we have a simple rule: we only vote against. We use a “Squad Vote” for each proposal. If more people vote against than vote for or abstain, we vote against on-chain. Otherwise, we abstain. This is our rule. According to the “squad vote” result for proposal 241, which is 33 for, 8 against and 15 abstain, we choose to vote abstain. The House Of Nouns proposal is one that is difficult to find flaws in. We have two concerns: 1. NounsDAO has no ownership of the product that the proposal promises. Will the ownership of the product, as promised in the proposal, be allocated to NounsDAO? If there is no correlation, then the funds requested in the proposal are essentially for the team to develop a product that belongs solely to themselves using NounsDAO's funds. This is a proposal that harms Nouns and benefits the team. 2. Complexity of features. The product promises to implement a complete governance lifecycle, including collecting ideas, early-stage discussions, on-chain decisions, etc. This means that the functional requirements are complex, and once the complexity is identified, even the best product manager will find it difficult to handle. First concern is not an issue with the 242 proposal, but rather with the immaturity of the NounsDAO system itself. Overall, we like the House Of Nouns product and team for the following reasons: 1. We are frequent users of House Of Nouns. It is simple and has redesigned the user interaction logic to focus on proposals, rather than channels, communities, or governance participants. This is a new type of product, and it has been well received by users (we can attest to that). 2. House Of Nouns is the first governance tool to define a complete governance process, implying a standard for proposal governance. It is beneficial not only for NounsDAO but also for the Nounish and Crypto industry, as it promotes scientific and standardized governance. 3. House Of Nouns has an excellent product team behind it. They understand the Nouns spirit and have developed a new Nouns model product called thatsgnarly.ly. Behind House Of Nouns and ThatsGnarly's products, one can see a professional and continuous product development system, which is invaluable.