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Nouns DAO is a decentralized collective that funds CC0 brands in a “once a day” NFT avatar auction.
These auctions are automated, on-chain and persistent thanks to the uniquely designed Nouns protocol.
we saw dozens Percentage of projects forking from this protocol to create their own custom “Nounish” projects Since Nouns DAO started last year.
However, until now, developers with technical know-how had to manually run and build these forks. Today, with the launch of Nouns Builder, everything changes. Nouns Builder is a new no-code tool for creating Nouns forks the DIY way by Zora.
In today’s post, let me explain all the basics of this awesome new resource!
-WMP
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“Instead of giving all power and capital solely to the founders of the project, the Nouns model allows communities to emerge gradually and actively participate in how the brand and community evolve.
[…] We’ve been working on the Nouns Builder for the last two months. This is a product that allows anyone to easily create their own Nouns DAO, any art, any auction cadence, and a flexible DAO that can evolve over time.”— Zora noun builder suggestion”
noun builder is a new Zora tool that helps you form a DAO in minutes and then maintain it through auctions like Nouns DAO.
All the technology in the process is abstracted under the hood, so users can instantly build their own Nounish community with a simple UI rather than manually building or forking auction, governance and financial infrastructure. can start.
Grand idea? To expand the accessibility of the Nounish distribution mechanism and provide a composable and upgradeable infrastructure, the DAO can grow and sustain funding for the long term.
How you order your community is entirely up to you, from customizing your auction schedule (like one NFT a week instead of a day) to setting up the art for your generative NFTs. For art, Zora recommends uploading square .png images (minimum 600px x 600px) or .svg images (minimum 32px x 32px) organized in folders. Sample Artwork Toolkit Explain how the generation process works.
Other elements of the DIY DAO that Nouns Builder helps set up include auction floors, proposal and quorum thresholds for governance, founder configuration, and more. The tool also charges no protocol fees, making it the latest public good to arrive in the NFT space.
The Builder DAO is the group that manages Nouns Builder and grows its ecosystem. To start and sustain this community, the Builder DAO is launching its own daily auction through the Nouns Builder system.
The artwork for these Builder NFTs is based on the concept of internet flags, which consist of Unicode symbols. The final result will look something like this, but there are many possible variations, so each mint will be unique.
“We believe it is important to experiment with the Nouns fork as a way of furthering certain infrastructure within the Nounish ecosystem,” said the Zora team. “Instead of LLCs and corporations funded to manage tools like Nouns Builder, Nounish DAO will be used as the primary entity to develop public protocols and the ecosystem of many platforms built on top of them. We would like to actively consider promoting
In addition, Zora offered to provide 1,000 ETH to the Ministry of Finance of the Nouns DAO Seed Builder DAO, so the project can immediately move to further development and dissemination activities.
In my opinion, the ‘Nounish’ distribution mechanism is the most important NFT primitive to come out of the last bull market and be experimented with and built over the next few decades.
That said, Nouns Builder is poised to be a great catalyst for continued NFT community experimentation.
I can’t tell you how many times in the last year I’ve talked with friends and colleagues about launching a project using the Nouns DAO model, but technical obstacles have been too difficult.
Nouns Builder is a game changer in that regard. Anyone You can easily launch your own custom Nouns fork if needed. This is another step towards Nouns and the wider Nounish ecosystem is a sweeping move at the intersection of art and software.
William M. Peester is a professional writer and creator of metaversal— Bankless newsletter focused on the emergence of NFTs in the crypto economy. Recently, we also provide content to Bankless, JPG, etc.
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