Nouns are an experimental attempt to improve the formation of on-chain avatar communities. Nouns DAO utilizes a fork of Compound Governance and is the main governing body of the Nouns ecosystem. Nouns DAO lets Nouns NFT holders participate in governance. Each Nouns NFT equals one vote. Holders can vote directly or delegate their votes. Proposals require ownership of at least two Nouns NFTs. New Nouns are minted daily, diluting individual voting power and encouraging active participation. The tokenomics of Nouns DAO are centered around a auction mechanism and a decentralized governance model. Every day, one Noun NFT is minted and auctioned off, with all proceeds going directly into the Nouns DAO treasury. The initial funding mechanism leverages the sale of these Noun NFTs to build a substantial treasury, which has grown significantly over time.
growthepie is a platform dedicated to providing comprehensive and accurate analytics of Ethereum Layer 2 (L2) solutions. It serves as a trusted data resource, offering up-to-date metrics, analysis, and insights on various L2 projects within the Ethereum ecosystem.
The Songbirdz collection brings bird watching on-chain to Base with 10,000 ERC-721 NFTs, each representing a bird species with an image and song recording. To mint an NFT, you must correctly identify the bird from multiple choices. The collection is divided into 10 flocks of 1,000 birds each, released sequentially. Songbirdz is self-funded and operates without formal governance.
