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Memo 0xb213fa67…0e0783 on Ethereum

+1 > first, let me just say that i've had the pleasure of watching max and jeff work on this from inception, and i think they are talented, experienced, hard working, unusually humble and well meaning for this industry (hollywood && crypto), and i genuinely believe they can pull this off. > > second, i don't quite get the obsession with the proposal structure. staged financing is the norm in creative pursuits and there's no reason we shouldn't embrace it within nouns. > > there are two big reasons that staged financing is valuable imo: 1. it lets the dao make initial bets at a smaller scale which translates into being able to fund crazier people and ideas and take bigger risks, and 2. unfinished creative projects can still add significant value to the ecosystem (especially in a CC0 context). > > the downside here is easily avoided if we just avoid the sunk-cost fallacy. we try some things, if they are going well we keep funding them, if they are not, we don't, and if we're lucky, someone gets inspired to pick up the thread at a later date. > > anyway, i would love to see the conversation more focused on max and jeff and what they're attempting creatively. make sure you listen to their prototype song and imagine where this can go when fully realized! > > ⌐◨-◨