Hello, and welcome back to Active Governance!
We've had some interesting past days with "Hack Week" wrapping up. We saw a lot of awesome builders and creators stepping up to the challenge. It was great to see.
I also believe we saw a lot of areas where we can improve upon, such as, organization, communication and voting incentives. I'll be doing a full article with my thoughts on Hack Week. So stay tuned for that.
With that out of the way, let's get into the latest 5 props for the DAO. I have limited time this week with the holidays, so my reasonings might be a bit more concise. I'll also skip doing prop rating this time.
Disclaimer:
These are my personal opinions based on how I believe the DAO should be using the treasury to achieve its goals. I made the decisions based first and foremost on the on-chain proposals.
Proposal 261 (Voting For)
Dynamic Quorum Updates
We are at the very beginning of a very new type of venture. Everything Nouns does hasn't really been done before. We're charting new waters and exploring different ways of doing things. And I love that.
The reason I say this though, is to highlight that we take enough risk as is. The DAO's model pays upfront and we don't usually know the full extent of each project's capabilities and commitment. The best we can do is to do thorough analysis before hand. But that can often times not be enough.
So yes, at least for now, I believe that votes "against" should have more "power". To ensure that a higher collective agrees on the DAOs actions. And I don't see this, by any margin, diminishing the amount of nourishes and weirdness that we also strive for.
Proposal 262 (Voting Against)
Showcase Nouns 3D-Printed Collection on Times Square Billboards
I have supported Danit in the past including her latest NFT.NYC proposal. I truly believe she is doing amazing work for Nouns.
But times square ads are neither a smart nor effective way to proliferate our brand and her work. This is something a lot of other basic pfp projects made in the past with little to no effect. It’s forgettable and has no conversion rate. Those funds could be better allocated elsewhere.
I should also mention we’re not like every other pfp project. Let’s do something different, let’s be weird, let’s be nounish.
Proposal 263 (Voting For)
Nouns Esports - CS:GO and Dota2 Rosters 2023
I was watching counter-strike yesterday on Gaules' channel. He is the biggest streamer in Brazil and has a lot recognition. And at one point he started talking about Nouns. He mentioned our logo, our uniform and the team. And while he didn't really know what any of it meant, it was being talked about by one of the biggest personalities in the esports scene. For me, seeing such an idol of mine talking about nouns was one of the coolest moments I've had since joining the DAO.
Also check out this video 4156 posted where the commentators on the official broadcast of that same tournament talk about Nouns DAO. It's awesome.
It looks like the team has been doing a great job so far and they are in the right direction. The idea of becoming a tier 1 team competing at the highest levels is very appealing to me. Imagine garnering fans from all around the world to cheer for Nouns, amazing. I also think this is a great example to people of what Nouns can do. Either for the DAO to show as a success case or for people that discover nouns through the actual team.
The proposal itself was very detailed with all information necessary to make a decision. I also love that they are keeping accountability of operations public.
Despite the big ask I think this is definitely a "Hell Yes". If we don't fund this, I don't know what we should be funding really.
Proposal 264 (Voting Against)
Launching Nouns Vacation Summer Brand 2023
I have quite a few issues with this proposal.
First of all, on the events. The don't seem to be properly organized yet. A lot of it seems like it will be decided if they get funded. For example they mention the venue will depend on budget, but then give a specific value for the venue? I'm also unsure on the effects of proliferation through fashion influencers. How would they communicate what nouns is?
As for the products, it isn't clear if the team is keeping 100% of the sales revenue. If so the DAO doesn't have any reason to fund the production costs. It's a CC0 brand.
I'd be willing to reassess this proposal with a more detailed budget, plan and focus.
Proposal 265 (Voting Against)
Noun Wet Wipes
I'll be short here. I don't see this as on brand for nouns. There are a lot coolers things that we could give out at events. The proposal itself lacks tremendous detail and explanation.
Completely fail to see how this could be a net positive for the DAO based on the information given by the proposal.
Thanks for reading through another edition of my newsletter!
Nouners, I hope to inspire you to vote with reason. Builders, I hope you can take something away for future proposals.
Feel free to reach out to me on twitter @lep0327
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