0xd714dd60…f3c8sent to0xf790a5f5…1365·#25,130,191·view on Etherscan
secret-ballot-voting-&-sealed-bid-auctions-for-nouns-dao@0x7f64...d6d2
Positioned as an investment partially in response to the feedback on the size of the proposal and partially in response to the #breakevenmovement. Valuation is based on previous venture rounds (same valuation as our seed round).
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> Still unconvinced this is needed, a solution looking for a problem - its a good research project but it doesn't have viability at current scale of Nouns. Someone like OP , gnosis, golem, ARB Dao would be much more fitting given their scale and treasury size to warrant this.
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> Secondly, I am puzzled why this is being positioned as an investment (why 30mil valuation? where is traction data of Interfold etc to command that number etc) VS a grant.
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@0x2117...E42a
Open to approaching other DAOs with similar proposals. Although I'd be hesitant to make proposals contingent on one another. It's hard enough to coordinate within one DAO, let alone between multiple. 😅
We brought it to Nouns first because it's a somewhat unique fit in that voting and auctions (our two beach-head use-cases) are core mechanics of Nouns, and because Nouns has such a strong and unique cultural layer.
> In my era of being more onchain. This still seems a bit too rich for Nouns at this stage. If this is an investment then lets do a revnet.
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> Have we explored going halfsies with ENS, Gnosis or other big DAOs? (either grant or investment). Happy to connect bridges if I know folks.