0x29b61275…afd4sent to0x6f3e6272…223d·#21,822,657·view on Etherscan
+1
> I love what Mono & Lex have done thus far, but I would prefer to see smaller proposals for specific initiatives such as the Barranquilla candidate by DaniB vs giving a $400k+ discretionary fund to the team. This is something that would also be great for flows.wtf so everyone could track the progress of the initiatives as well and give the community members monthly compensation.
+1
> I'm a big fan of Mono's and Lex's work. In fact, they were a stellar team to work with at Nouns Town last year, and I have no doubt that they will continue building on their solid track record.
>
> In this particular case, I disagree with the funding allocated toward grants and rounds. IMO, grants of this size should be considered a donation to a formal and registered grants program, ideally as part of a charity. There are many layers to unpack here, but ultimately, it comes down to distributing these funds in a compliant manner that also attracts other donors, enabling Mono and Lex to do this work every day, indefinitely—regardless of Nouns' funding capacity.
>
> Since the programming of Nouns Amigos hasn't mentioned economic self-sufficiency as an objective, I assume it is a non-profit/charity undertaking, which I don’t think needs to be challenged. However, in this case, it would be great to see the general work become more formalized within an actual non-profit organization. While it may not be designed for economic profitability, structuring it formally could ensure long-term sustainability of its format and programming.
>
> I understand that founding a non-profit, registering as a charity, and laying the groundwork for a formal (compliant) grants program is a somewhat lengthy process. Therefore, I would be very supportive of a proposal that includes a line item covering that undertaking instead of the grants and rounds budget (at this amount).
>
> Lastly, I would prefer the budget to be outlined in USDC instead of ETH—especially for a funding request of this size.
>
> I'm voting against this version of the proposal for the next season of Nouns Amigos, but not against Mono’s and Lex’s work in general.
Too expensive for current DAO's cash flow.
https://www.nounswap.wtf/stats/treasury