0x1bde33dbโฆ57ccsent to0xf790a5f5โฆ1365ยท#18,414,770ยทview on Etherscan
# ๐ Nouns House DAO
#### Proposal Details: [Nouns DAO Proposal #419](https://nouns.wtf/vote/419)
---
## ๐ Executive Summary:
As the owner of Nouns 312, we are thrilled to witness the evolution of the Nouns ecosystem, particularly with the advent of the NounsBuilder Protocol. We believe this protocol is poised to bring significant advancements to the ecosystem.
We propose an initial investment of 312 ETH into the newly established "Nouns House DAO." (originally conceived as an Enabler DAO).
The primary objective of this investment is to further fortify and expand the Nouns ecosystem. Specifically, we aim to evolve the platform to enable homeowners to easily rent out their properties by integrating smart locks, specialized rental apps, and issuing NFT keys. Moreover, the branding will incorporate Nouns characters, and the use of blockchain technology will ensure an open and transparent operation. Ultimately, we aim to offer lower fees compared to existing platforms and deliver value to users through a token ecosystem.
As a return on this investment, we propose allocating 10% of the token supply to nouns.eth. This could potentially bring long-term benefits to the Nouns ecosystem. This initiative is highly synergistic with existing property rental platform development projects and promises innovative value through the use of smart contracts and NFTs.
Feedback and opinions are more than welcome. Feel free to contact me directly through my social media accounts on Warpcast or X link, or leave your comments here. We look forward to your valuable insights. Thank you.
## ๐ What is Enabler DAO/LLC?
Founded by Yuki Hamada, a serial tech entrepreneur and former Executive CPO of Mercari, a unicorn company in Japan, Enabler DAO/LLC is a Decentralized Autonomous Organization (DAO). To accommodate scenarios requiring formal contracts, it also holds a legal entity status in Japan in the form of an LLC, which participates as a member of the DAO. The organization currently manages luxury properties across Tokyo, Hawaii, Kyoto, and Hokkaido, operating with a profitable business model in the real estate sector. It is also in a transitional phase towards tokenization. As this investment progresses, Nouns House DAO has the potential to emerge as a key player at the intersection of blockchain and real estate. Furthermore, plans are in motion to issue utility tokens based on the existing property usage, offering special perks to NFT owners. This includes the strategy to leverage existing assets to stimulate new avenues for growth.
## โ Why Approve This Proposal?
### Beyond Art ๐ญ๐
- Nouns is more than just an art project; it functions as the foundation for a new decentralized protocol. Nouns House DAO is one example, making this not just a proposal but an extension of the Nouns ecosystem.
### Established and Audited ๐ก๐
- Nouns House DAO has already been launched and is built with the security-audited NounsBuilder.
### Initial Benchmark Price ๐ฐ๐
- The 312 ETH allocation has the potential to serve as an initial benchmark price. In return, 1/20th of the founders' share will be allocated to nouns.eth.
### Budget and Allocation ๐ผ๐ณ
- The 312 ETH will be transferred to the Nouns House DAO's treasury, to be utilized for various initiatives in a DAO-governed manner.
### Future Valuation ๐๐ฎ
- In the 15 days leading up to approval, the next treasury could exceed the current average price of Nouns, indicating high future potential for the project.
### Momentum from 15-Day Window ๐ชโณ
- If approved within 15 days, the treasury price per NFT would increase by 20.8 ETH (312/15), adding momentum to Nouns House DAO.
### Setting a Good Precedent ๐๐
- This approach could set a good precedent for future DAOs and projects, strengthening the decentralized ecosystem and serving as a model for how existing projects can evolve symbiotically.
### Approval and Participation Mechanism ๐ณ๐ฅ
- These points will be decided upon approval by Nouns House DAO. Those interested can either vote with their allocated nouns.eth (treasury) or participate in Nouns House DAO's auctions. The 312 ETH will be transferred in a sufficiently decentralized manner.
## ๐ Nouns House: Updated Features
### Artwork and Rewards ๐จ๐
- **Nouns House** will incorporate a unique system of **NFT Artwork Tokens** based on different combinations of Nouns-inspired artwork.
- **Houses ๐ **: 90%
- **Islands ๐ด**: 9%
- **Earth ๐**: 1%
- These tokens can be combined in various ways to unlock special rewards and perks for the holders.
### Property Contributions ๐ก๐
- As part of our launch, I will be contributing seven of my own properties, valued at around $10 million.
- For more information and updates, visit our Instagram page: [Enabler.Fun](https://www.instagram.com/enabler.fun/).
### Property Utility Tokens ๐ ๐ช
- In addition to artwork tokens, **Nouns House** will issue **Property Utility Tokens**.
- These tokens will be managed by the **Enabler DAO** and can be used to gain utility access to the properties.
- E.g., booking the property, voting on property improvements, etc.
### Legal Aspects โ๐
- We acknowledge the complexity of transforming physical property into digital assets.
- Our team will take meticulous steps to navigate the legal aspects of this conversion, ensuring compliance with all relevant laws and regulations.
## ๐ณ Approval and Bidding Process
- **For Nouns Holders**: Vote and bid [here](https://nouns.build/dao/ethereum/0x7F4Ec49a66D773D63092dbD8FbCDFC71C9D9e2f3).
- **For Non-Holders**: The auction is live! Start bidding from 0 ETH [here](https://nouns.build/dao/ethereum/0x7F4Ec49a66D773D63092dbD8FbCDFC71C9D9e2f3).
- **Treasury & Governance**: The 312 ETH allocation will be governed by votes from NFTs won in the auctions and from nouns.eth shared treasury.
## ๐ Nouns House DAO Details:
- **Token:** 0x7F4Ec49a66D773D63092dbD8FbCDFC71C9D9e2f3
- **Auction:** 0xF5d1403dcbB1A2d5FaAD65BeBfaaB3870D7fe047
- **Treasury:** 0x1C99D1e81772aFF2eD0ABC802AA571B19cE2d72B
- **Governor:** 0x1393f1b1B4eA06e2019ad2BFf498b1C46Ad5c706
- **Metadata:** 0x29F538d3EF89fDFB38A41098bF6604F4aFDFE8ec
## ๐ Conclusion:
Approval of this proposal will significantly benefit not just our initiative but the Nouns ecosystem at large. We eagerly await your support and participation.
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/).-nouns-house-daoModified the proposal to switch the initial investment from Enabler DAO to Nouns House DAO.