ProposalsProposal 613
ProposalsProposal 613
i'd rather see w1int3r and co funded for a discovery sprint where they deep dive community and hack an mvp for something entirely new and in touch with our culture.
This. Love the team, but the end goal here feels misaligned and the budget too high for the experiment.
Interesting idea to remove arbs advantage but definitely should be more connected to community demand in iterations imo
For: 0 | Against: 3 | Abstain: 0
+against — @bixbite
+against — @brettdrawsstuff
+against the bid-bot network feels like a great solution to a problem that doesn’t exist. interested in the bid incentive experiments though — @datadanne.eth
Similar, not sure we need to spend money on making auction "better" we need projects that bring more eyes to the auction. Also, I think nouns.camp could probably just pick up any future updates to auction.
i'd rather see w1int3r and co funded for a discovery sprint where they deep dive community and hack an mvp for something entirely new and in touch with our culture.
I'd love to have w1nt3r and zach continue to build in nouns but I think this is a pretty big ask for what is not really a slam dunk yes from me. I'd be happy to vote for a premium if the build is something I'm super excited about, but I'm not as interested in bots after realizing it's fairly easy to get a trait minted at fomonouns. (Most interesting bot was a trait bot so I could secure a frog head but it's actually way easier to just ask the NOC team to mint something like that)
I am interested in this part of the proposal:
We have ~15 experiment ideas in distribution, bid-pooling, reimbursements, and collectibles [intended to drive higher auction prices]
I wish some of this list were publicly available for review, and I'd be supportive of another prop from this team focusing instead of novel ideas for driving higher auction prices.
Gamis idea is something i would be able to wholeheartedly support.
As it stands, im excited for this team taking on problems in nouns (having the right person for the job goes a long way), but not as excited about the ideas presented in the proposal.
Part of me thinks rejecting this prop is risk of midwitting it (confident we want the best people to work w nouns) but the economic realities are what they are and here too gamis suggestion seems like a better way fwd.
Thanks winter, zack and team for proposing!
The nouniverse has voted through $NOGS ⌐◨-◨
FOR: 5 AGAINST: 6
31680 $NOGS have been shared among the participants.
i'd rather see w1int3r and co funded for a discovery sprint where they deep dive community and hack an mvp for something entirely new and in touch with our culture.
⌐◨-◨
Not explicitly against the idea, but lots of valid points in the against column that could be taken to help revise this prop
i'd rather see w1int3r and co funded for a discovery sprint where they deep dive community and hack an mvp for something entirely new and in touch with our culture.
Similar, not sure we need to spend money on making auction "better" we need projects that bring more eyes to the auction. Also, I think nouns.camp could probably just pick up any future updates to auction.
Love the team but don't see the value of this approach nor the demand for it.
The team is competent and has a track record, but not with this funding
I would love to see this high quality group of people building on Nouns and appreciate the effort to come up with a novel product/proposal, but I can't reconcile how this cost is a justifiable spend for the outcome proposed. I just don't see how it moves any particular needle by any significant amount. And specifically I don't believe the difficulty of bidding issue (if it really is one) is a really a driver of prices when zooming out even a tiny bit. Thanks to the team for putting it forward.
Similar, not sure we need to spend money on making auction "better" we need projects that bring more eyes to the auction. Also, I think nouns.camp could probably just pick up any future updates to auction.
The Nouncil has spoken.
We discuss all Nouns proposals every week in our Discord. The calls are public and all are welcome!
You can find a link to previous call recordings in our Discord "links" channel.
The overwhelming majority voted against here, however, the Nouncil hopes that the proposers will come and present an iteration to us should this current proposal not pass at Nouns DAO. This likely would have got a better reception at Nouncil had we been presented the concept and given time to understand the complete offering. In any eventuality, thanks for playing Nouns and good luck.
Against - Wins
FOR - 4 VOTES
AGAINST - 30 VOTES
sqx.pcc | "I dislike this prop on so many levels. mostly it being tone deaf and from another era."
cheffo | "This mechanism is novel and therefore should be built/tested/used and then rewarded retro. Pre-funded tech likely needs to go beyond bots at this point."
ABSTAINS - 6 VOTES
ABSTAINS - 2 VOTES
I'd love to have w1nt3r and zach continue to build in nouns but I think this is a pretty big ask for what is not really a slam dunk yes from me. I'd be happy to vote for a premium if the build is something I'm super excited about, but I'm not as interested in bots after realizing it's fairly easy to get a trait minted at fomonouns. (Most interesting bot was a trait bot so I could secure a frog head but it's actually way easier to just ask the NOC team to mint something like that)
I am interested in this part of the proposal:
We have ~15 experiment ideas in distribution, bid-pooling, reimbursements, and collectibles [intended to drive higher auction prices]
I wish some of this list were publicly available for review, and I'd be supportive of another prop from this team focusing instead of novel ideas for driving higher auction prices.
Similar, not sure we need to spend money on making auction "better" we need projects that bring more eyes to the auction. Also, I think nouns.camp could probably just pick up any future updates to auction.
Voting for one of the best teams in crypto trying to address issues around the auction. We should be funding multiple auction moonshots to see if we can change the trajectory.
Would love to see the team connect with the community to discuss this and potentially surface improvements to the prop
Huge fan of the devs, but not keen on promoting auto bidders to maintain an artificially inflated floor price. Think it’s best we continue to let the auction find the true market value which we are seeing around the 2.2-2.7eth range (depending on the price of eth).
I would love to see this high quality group of people building on Nouns and appreciate the effort to come up with a novel product/proposal, but I can't reconcile how this cost is a justifiable spend for the outcome proposed. I just don't see how it moves any particular needle by any significant amount. And specifically I don't believe the difficulty of bidding issue (if it really is one) is a really a driver of prices when zooming out even a tiny bit. Thanks to the team for putting it forward.
Similar, not sure we need to spend money on making auction "better" we need projects that bring more eyes to the auction. Also, I think nouns.camp could probably just pick up any future updates to auction.
Huge fan of the devs, but not keen on promoting auto bidders to maintain an artificially inflated floor price. Think it’s best we continue to let the auction find the true market value which we are seeing around the 2.2-2.7eth range (depending on the price of eth).
https://www.lilnouns.wtf/vote/nounsdao/613/votes
FOR 0 VOTES
AGAINST 106 VOTES
nekofar.eth | "Skipped Nouncil call; must’ve got approval elsewhere. $200k? Way too much. I’d do it for $50k. Stick to client incentives! 🤔"
ABSTAIN 2 VOTES
as a global community, I do believe that tools like bots are beneficial for new members to engage in the daily auction - it’s not NAM only…
I’m voting AGAINST, because budget should be 50/50 on development and marketing. I’d rather experiment less, and market more by building in public in partnership with 1-2 relevant media outlets.
Love the team but don't see the value of this approach nor the demand for it.
Voting for one of the best teams in crypto trying to address issues around the auction. We should be funding multiple auction moonshots to see if we can change the trajectory.
Feels like an overallocation and focuses on a 1% issue or at worse a fictional one. Noun o'clock should be a celebration, not a bot war. If people can't find the time to bid I doubt people will find the time to participate. Additionally secure nouns as cheap as possible seems like a silly focus to spend money on. Less than 1% of total auction sell for less the blur bid. So if you seriously want to own a noun you have a minimum guide as to what today auction will at least fetch.
I would love to see this high quality group of people building on Nouns and appreciate the effort to come up with a novel product/proposal, but I can't reconcile how this cost is a justifiable spend for the outcome proposed. I just don't see how it moves any particular needle by any significant amount. And specifically I don't believe the difficulty of bidding issue (if it really is one) is a really a driver of prices when zooming out even a tiny bit. Thanks to the team for putting it forward.
Feels like an overallocation and focuses on a 1% issue or at worse a fictional one. Noun o'clock should be a celebration, not a bot war. If people can't find the time to bid I doubt people will find the time to participate. Additionally secure nouns as cheap as possible seems like a silly focus to spend money on. Less than 1% of total auction sell for less the blur bid. So if you seriously want to own a noun you have a minimum guide as to what today auction will at least fetch.
Looks like this team might’ve gotten the green light from somewhere else since they didn’t even bother showing up to the Nouncil call, must be nice to skip the details. With over two decades in software development, I can confidently say the budget is a bit... generous. Honestly, $50k should cover it for building from scratch. Although, I’m not entirely convinced such a tool is necessary based on the reasons provided by the community. But hey, if the community really wants it, I’d be happy to propose and build it myself for a quarter of the suggested budget. Call me old-fashioned, but I think Nouns should stick to client incentives, and maybe teams should justify these kinds of requests with some actual activity and engagement through those incentives. Just a thought! 🤔
I would love to see this high quality group of people building on Nouns and appreciate the effort to come up with a novel product/proposal, but I can't reconcile how this cost is a justifiable spend for the outcome proposed. I just don't see how it moves any particular needle by any significant amount. And specifically I don't believe the difficulty of bidding issue (if it really is one) is a really a driver of prices when zooming out even a tiny bit. Thanks to the team for putting it forward.
Feels like an overallocation and focuses on a 1% issue or at worse a fictional one. Noun o'clock should be a celebration, not a bot war. If people can't find the time to bid I doubt people will find the time to participate. Additionally secure nouns as cheap as possible seems like a silly focus to spend money on. Less than 1% of total auction sell for less the blur bid. So if you seriously want to own a noun you have a minimum guide as to what today auction will at least fetch.
TLDR: 224,000 USDC to launch a bid-bot network for Nouns + 3 auction-incentive experiments.
Nouns.sh vibes was Blur-for-Nouns, but we're reimagining it as a launchpad for bid bots, empowering nouns-aligned bidders with a mech that competes for the daily Noun. It’s an autopilot that fights on your behalf, securing your grail Nouns at the last second for the lowest price.
Our new brand draws inspiration from classic anime, big robots and space travel. We’ll make it fun to participate in the auctions and create room to expand Nouns lore.
Over 6 months we will:
224,000 USDC to fund 6 months of product, development, design, and growth work.
How about client incentives? We believe the Protocol Rewards is a great initiative and will help keep Nouns Terminal sustainable for the long run. The innovations we are proposing here require a bigger investment, and will allow us to experiment.
2 years ago Nouns Terminal was funded by the Nouns Clients Proof of Concepts round with 25 ETH. We focused on making a great-looking client packed with data and exploring auction bots.
nouns.sh has driven 8 sales (237 ETH) via autobidder bot prototype (1 & 2), been used by ~200 unique users/month, and maintained by w1nt3r.eth and yukigesho.eth as a side project.
TLDR: 224,000 USDC to launch a bid-bot network for Nouns + 3 auction-incentive experiments.
Nouns.sh vibes was Blur-for-Nouns, but we're reimagining it as a launchpad for bid bots, empowering nouns-aligned bidders with a mech that competes for the daily Noun. It’s an autopilot that fights on your behalf, securing your grail Nouns at the last second for the lowest price.
Our new brand draws inspiration from classic anime, big robots and space travel. We’ll make it fun to participate in the auctions and create room to expand Nouns lore.
Over 6 months we will:
224,000 USDC to fund 6 months of product, development, design, and growth work.
How about client incentives? We believe the Protocol Rewards is a great initiative and will help keep Nouns Terminal sustainable for the long run. The innovations we are proposing here require a bigger investment, and will allow us to experiment.
2 years ago Nouns Terminal was funded by the Nouns Clients Proof of Concepts round with 25 ETH. We focused on making a great-looking client packed with data and exploring auction bots.
nouns.sh has driven 8 sales (237 ETH) via autobidder bot prototype (1 & 2), been used by ~200 unique users/month, and maintained by w1nt3r.eth and yukigesho.eth as a side project.