0xc2d4f2d8…e413sent to0x86030dbb…3c05·#15,921,113·view on Etherscan
devcarrot:
I recommend we vote No on this proposal because Nouns Builder is early in its lifecycle and I haven't seen much firm information on the charter or direction for Nouns Builder DAO in regards to what its treasury should be used for aside from generalize-able Nounish tooling. At the same time, the new Nouns Builder DAO would have a risk of fund extraction. Even though a veto power exists, this power comes with a coordination cost if secured correctly. Having a large "imbalance" between the auction proceeds and the DAO's treasury early on in the process feels dangerous to me.
I'd be amenable if this were a smaller initial seed, the NounsDAO were to follow on by amplifying proposals/prop-house rounds/grant pools/etc. after the Nouns Builder DAO is formed, or the NounsDAO were to purchase Nouns Builder DAO votes during the auction.
9999:
Thanks to Zora for effort and dedication to building with Nouns. I’m voting against because I feel this proposal and Builder DAO itself need refinements before an ask of this size. My concerns are these:
If this tool truly needs to be a DAO the market will signal as such using the auction price of its governing NFTs. Just like all other Nounish DAOs, Builder should grow its community and treasury from natural demand and develop its ecosystem with people who understand its vision.
If the tool is not meant to be a DAO, then with no proven track-record, the ask for 1000ETH to jump-start demand is overkill. All other large scale, long-term projects/pods have started small and demonstrated demand before asking for outsized funding (See [Prop House Protocol: Public Infrastructure by Nouns DAO](https://discourse.nouns.wtf/t/prop-house-protocol-public-infrastructure-by-nouns-dao/1594) as cited in this proposal). Builder currently has no metrics to match the size of this ask.
The Zora team should decide which approach to take. If the former, it doesn’t make sense to come to Nouns DAO for a treasury injection. If the latter, the project should first gather momentum before an ask of this size can be considered a hell yes. Thanks again.