I am chatting with 0xigami as I am writing this--he knows how I am voting. We both have the skater mindset. "bail. get back up. dust off. climb stairs." -Gami And that's how he proliferates just like a vert skater, "Go ALL in or FALL in, don't leave one foot on the coping" -Sam Ellis I have been excited to see the highest voter turnout for this prop. I encourage him and the Gnars DAO to "revise and resubmit", if this prop does not pass, based on "some" of the feedback that has been given by the DAO I say "some" as I consider Gami an expert in his field. If resubmitted by just GNARS sans Gami, please see the above comment.

Gami, Gnars--I love you crazy builders Oh, and Bob Burnquist--stick around I promise it will be worth it.

I HAVE NO NOUNS BUT GNARS ARE FOR THE CULTURE

I'd want to see more details on the type of impact this project is meant to have for the overall nouns community

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yolo

Mint it all. Minting makes memes measurable.

I believe in seeding people, places and things (like nounish projects/subDAOs) that have the potential for mass proliferation of the meme. ⌐◧-◧

i am a huge fan of gami and gnars and all the work they have done and will continue to do. however, at 700 ETH i have to vote against this version of the proposal. i think this is an absolute no-brainer yes at a lower expenditure. i would vote in favor of large proposals with generous compensation for the gnars team to execute on them, but for 700 ETH up front i would prefer things were better defined ahead of time. this is in no way a personal rebuke on anyone involved, i am a big fan of the team, and i would lead the charge on supporting v2 of this proposal at a lower funding cost to nouns dao, and would vote yes on big ambitious well compensated projects that were better defined ahead of time

Not a knock against the great work done by Gnars, but the ask is way too high imo. Would consider funding for a much smaller amount.

Not to beat a dead horse, but I strongly feel that bear market expenditures should scale back quite a bit. 700 ETH will likely be worth 7 mil USD in a couple years - would prefer to conserve as much dry powder as possible during the lean times.

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i love gnars

voting FOR an engaged community and proven builder to proliferate the fuck out of nouns.

I sat with this for some time, given it's huge financial ask. I'm a fan of proposals that clearly outline how they want to spend their money, and this one quite frankly did none of that.

However, I ultimately came to the conclusion that when funding a subcommunity or DAO, we actually don't necessarily need an understanding of the budget. The question, rather, is whether we trust that DAO to be valuable stewards of that money.

I see these types of proposals as "cultural venture investments", similar to our @nounsbuilder funding. Just as a VC does not review all the expenses of their portfolio companies, I'm not sure we need to know how exactly a subDAO is going to spend the money we give them. Rather, we just need to know whether a) we trust that the subDAO will steward those funds in a way that is positive for Nouns DAO, and b) if the cumulative ask is an amount of our treasury we are comfortable "locking up" until we see the cultural ROI from that spending.

The bar is super high for both a) and b), but this proposal meets both of them for me, so I decided to vote yes.

Gami has done so much to proliferate Nouns ... in particular outside of the traditional crypto circles. Nouns should be taking more big bets on people like Gami.

love gnars. the budget did give me pause for a moment but ultimately garns is one of the strongest centers of IRL nouns subculture that's being built out and we should support the momentum.

Nouncil Vote:

44 Yes, 10 No, 1 Abstain

3 Nouncillors abstained from the decision

YES WINS

Vote Reasons & Discussion

Benbodhi | "nounish af Gnars is a power pod of proliferation and is spreading the culture far and wide in the best way possible imo. ⌐◨-◨"

.ZllW ⌐◨-◨ | "Sub-DAO have proven to proliferate and expand nouns branding. (Lil Nouns, Gnar, FoodNouns,etc) No doubt a large ask, but Gnar led by Gami have been providing impactful proliferation around Nouns; thus trust that Gnar team would put this 694E to good use in crossing the chasm and scaling what they are doing"

Josep | "I think other ways to finance the project over time should be explored, I don't see a plan to be reasonably self-sustainable over time. I believe that Gnars brings a lot to the image of Nouns DAO and for this reason I would like to see the proposal revisited by reducing the capital required over the time period, setting goals and creating a strategy to make Gnars profitable."

Akva | "As part of GnarsDAO core team, I abstain from voting on this proposal even though I really want to see it succeed"

Mach | "Love how gnars is spreading the culture and using money efficiently to build a brand/the nouns brand"

systemdm.⌐◨-◨ | "Definetly Yes… In my opinion this kind of activations and proliferation and social impact is exactly what its all about…."

Sasquatch | "easy yes

the inspiration for a lot of work done at Nouns

let our best builders have a clear runway for takeoff"

JoshuaFisher | "you had me a gnello"

andreitr | "Love Gnars and what they are doing. Let's keep the momentum going."

Satori | "Gnars are paving the way for subDAOs in many areas and I think it would be hugely beneficial for Nouns in the long run to facilitate their growth."

JoelCares | "keep on shreddin"

pemburux | "Great initiative, great proliferation, and big yes from me"

Mindtoasted | "This is a huge amount of request, but from a long term perspective, IMHO it can continue to push something that covers a wide range of things related to sports and athletes, especially for the Nouns itself, which has never been separated from anything highlighted before. I vote yes for this"

Graphic.⌐◨-◨ | "Gami has done a great job previously with the grant he was give and theres no doubt he will so ever bigger and greater things with this next round of funding!"

byhardy | "subcultures > subdaos there is no greater subculture to come from nouns than gnars. the fact that it is governed by 750 holders (and growing) who care deeply about the mission means the funds are in good hands, with nouns' best interests at heart."

For more Nouns DAO proposal discussion head to the Nouncil Discord: https://discord.gg/nouncil

I echo everything Salvino said under his vote description.

I love Gnars and I love Nouns, but this vote marks the start of a new "experiment" (if you will) of the DAO evolving to be a bit more careful and efficient with its spending, while setting a precedent that we want to see more structured props going forward.

I cannot think of a better team to come back from this and resubmit a bulletproof proposal that will pass with flying colours.

I remain 100% faithful in 0xigami and the Gnars crew, and their ability to execute. I look forward to a resubmission soon.

Salvino elegantly summarized my thinking around this. Gnars is one of the best projects to come out of Nouns, and I'd love to continue supporting it.

However, this current proposal is asking for a very large sum of funding without the commensurate level of transparency on how the funds will be spent.

Would support new series of props from Gnars that request less funding for a shorter period of time each, with more budget transparency. (without necessarily diminishing the overall ETH/month in sum)

Dear Gami, my brother in christ. You've done an incredible job with Gnars so far which is why I really deliberated on this one for so long.

Unfortunately, I don't think this proposal (as it stands today) is ready to be passed given the ask. My primary reason is that gnars should go into much more detail into the following two questions:

1. What did Gnars do with the previous proposal?
2. What does Gnars plan to do with the funding moving forward?

Re: Question 1 — I know you've done some really awesome things like sponsor the skater that won the championship! and other awesome things which probably resulted in lots of impressions for ⌐◨-◨ — but your prop doesn't go into these details 🥹

More generally, i sincerely think it's important for nouns to create a culture where proposers provide sufficient context on-chain. It is especially important in a community where new members join every single day, so that each new member can make the best possible decision with sufficient context.

To summarize, I'd prefer to see this back on-chain with more detail and broken up into 2 stages.

Gami was designed in a lab for irl proliferation and has a track record

Let’s take a chance on this large ask

Gami and gnars have been amazing to see. I don't know how funds will be spent exactly, but seems like the right model to lean into trust when we see talented builders with a lot of momentum.

I really like Gami and the work gnars does. But I don't think putting this amount of eth in one single person's hands are the best for the DAO. A smaller ask with (any) detail on how funds will be distributed (who/how/when it'll be decided) would be welcomed.

A vote against a proposal is not a vote against the proposer or the project. It is healthy to say No sometimes too.

Great to see another DAO that has achieved some level of self sustainability. Team seem passionate.

1. It does not make sense to seed other DAOs to this scale at this stage. I hear people saying we need to put our faith in Gami and the team but IF Gami is going to be deciding how these funds are deployed, that is a problem (as it means they have control of the DAO and distribution is not right). Otherwise we are putting our faith in gnarsdao token holders...10x'ing their treasury. Without fully understanding who they are (how could we) and the implications of doing so. (Of which I can think of many...but im not going to get into it here).

Seeding other DAOs to this extent - that have not solved for some of the governance issues that Nouns has is not the way to scale.

Like others I would be more open to a prop with a much smaller ask and more detail for how its planned to be deployed.

Unclear outcomes, lack of data around previous fundings successes and conversions, and somewhat shockingly being disrespectful within the community.

I have done substantial research into gnars and believe they are a net positive for the Nouns ecosystem. However, I believe the sum requested exceeds their current needs and should be broken into a few proposals. I would likely vote "For" the next.

i fw the vision

it's a large ask, yes, but it's also arguably the largest irl presence nouns has

Prop name says it all. Non stop inspiration from Gnars makes it extremely easy to want more.

I think Gnars is one of the best examples of execution out there. Talented team, clear vision + great partnerships with pro skaters. LFGnars!

We believe that leveraging proven pods of Nounish proliferators is a de-risking strategy for the Nouns treasury. Keeping all of the ETH in one big honey pot is liable to attracts flies. Conversely, deploying it to teams with track records of success ultimately brings more new people into Nouns and completes the virtuous cycle. Now that’s Ugly (and Gnarly.)

⌐◨-◨

Amazing work, but ask is big without sufficient breakdown detail.

Would love to see another version of this prop with either an ask that goes 2x instead of 10x, or budget detail justifying why 10x is necessary at this point.

Great initiative that will help promote the sport and provide opportunities for athletes from all over the world, I am from South America where the opportunities for athletes are limited and centralized, my vote is in favor of the independence of athletes and the construction of value in community.

Really like gnars and everything they're doing but this large of an ask in one swing feels too high for comfort

• Budget section of proposal feels too sparse on details. Who is being paid and how much? How fast is the ETH going to be used? How much would each event cost? can we know the events and whatnot upfront?

• Personally I don't like the idea of giving people ETH to buy 2 nouns. I had to spend 30+E to get mine, others much more. I could write a proposal saying I'll do x y z marketing give me a free noun, but that would be unfair. Nouns arent a cheap NFT, 30E is like a full years salary for many in the US.

• Gnars has daily auctions which give them ETH, they still have over 70E in their treasury to use (which is great given the 60ish we funded them with in the past). I feel gnars could be self sufficient and this proposal is asking for a large amount simply because it can.

• With 3360 Gnars in circ, giving gnars dao 700E would 10x the book value of a gnar when a noun trades at half. I know many in our DAO think this metric doesn't matter, its just a point worth keeping in mind for those that do care.

I went back and forth on this one, but on balance, I don't think you can vote no given the work this team has done.

Would I appreciate a smaller proposal with more checkpoints? Yes.

But I don't think that's a good enough reason to reject a proposal where everything else, in my eyes, gets a big thumbs up.

SubDAOs are the future of Nouns – they are the only way the DAO will thrive in the long run as more folks enter the ecosystem and the meme becomes more fractured. Gnars sets a great precedent on that front.

Gnars has consistently delivered proliferation. To do this at a larger scale they need to be well capitalized. Gami has proven the ability to execute.

agree w/ noun 12 reasoning

Gnars is awesome, should be funded if needed and within limits, but the 694.20 ETH is past the limit and is not judicious for Nouns DAO based on what was presented. Over time, would have no problem funding more than that, in tranches, as needed, and based on following demonstrated successes with more successes. Would fund 69.420 ETH.

gnarly prop

this is the way

It's gnars, of course im voting for this. Viva Gami!

This proposal is of huge value to the DAO and the nounish culture in general. The Gnars community has proven to be very efficient with the treasury and enabling the community with a larger treasury to push these initiatives across every continent. This subDAO is an insanely good model for the "pod" concept that has been talked so much about in the past few months. This pod has organic inbound flow and aggressive outreach into a subculture that is super hard to penetrate without being culturally relevant, living and breathing this stuff.