Welcome to Nouns TFG, we love the Games. I appreciate the thought and effort you put into this Prop and hope to see more Props onchain from you in the near future, perhaps even a modified version of the current prop. This is a pretty big ask right out of the gate, I would love to see something smaller and easier to execute, where we can all work together and you can flex the kind of proliferations that Kungrana can bring. The Nouns IP is CC0, so you can permissionlessly do things in the name of Nouns and since the business is profitable it doesn't seem like you need a Nouns Grant to continue operations. One challenge with this prop is that it is essentially positioned as an investment with 20% ownership and profit sharing with an offchain entity. I think like any investment this would require due diligence and someone at Nouns to analyze the books, the strategy and the metrics. We would want to make sure these were repeatable numbers and that the strategy includes opportunities for growth. I also don't think this proposal would hold up as a legal document of equity ownership. That would probably require lawyers and more traditional legal documents but even if we suspend that and consider the proposal binding, there is not nearly enough details in here to sign a term sheet. For example would Nouns get a veto on future financing or on sale? What about liquidation preference? There are many more questions that would have to be worked through with regards to equity ownership. It's also difficult to do a profit share when almost all of the revenue happens offchain. We would probably need an accounting entity in the mix to verify the income and expenses and then we'd need to convert the fiat to ETH to flow back into our Treasury. That would carry an extra expense and its unclear to me if that would be in best interest of the business to do that? I'd much rather see a smaller Proposal that was a pure grant and would not come with all the legal and financial complexities involved with equity and profit sharing. I think either the Nouns eSports collab or the Gaming Events section in this prop could be a better place to start.