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Memo 0xc3df791a…9ef42e on Ethereum

sunset-nouns-95 My concern is that this create another client building marathon. Nouns has burned around 2 million on more than 20 clients. The few popular ones still run today on incentive money. Building client-incentive mechanism alone likely cost the DAO over 500k. Judged on the products we actually use today, which Verbs built last year. I think incentives are a fair way to filter which clients are useful, even though the process is locked behind KYC. DAO voted against spending a few dollars on taxes over compliance for clients. So it feels strange to start another marathon of funding niche clients again by funding a new client over 100x of taxes that DAO might owe on client-incentives. If a client can gain enough traction, it can earn more. Clients should be built to provide value that others do not and then compete fairly on incentives.