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closedEnded 2 years ago ·  Onchain

A Purple Grant

By 0x3B60...50a43F

TLDR;

A 50 ETH grant to the Purple Treasury to continue to proliferate Nouns Builder through media and by example.

About

As a flourishing and rapidly growing DAO, Purple has taken a leading role in championing the adoption and growth of Nouns Builder, establishing itself as an outstanding example of the platform’s potential.

By consistently highlighting the Nouns Builder software in over 30 podcasts, newsletters, blogs, and other media, we not only reference nouns.build but also explain the significance of being a part of a Nounish DAO. Our 129 members, many of whom are experiencing a Nounish DAO for the first time, serve as a vital connection to the wider Ethereum community. Our membership includes leaders in organizations such as Nouns DAO, Coinbase, FWB, OrangeDAO, Bright Moments, Worldcoin and startups participating in a16z startup school and the Alliance DAO Web3 Accelerator.

As active participants in the Nounish ecosystem, Purple is dedicated to utilizing a wide range of Nounish tools, such as Prop House, BotFrens, House of Nouns, Builder iOS Widgets, and Nouns AI Playground. Our continuous efforts to expand the toolkit and build a bridge to Ethereum communities have led us to become the first Nounish DAO to acquire a BuilderDAO token, use Juicebox in a Proposal, and develop future plans to implement Quadratic Public Goods funding via Gitcoin’s Allo Protocol. These achievements have opened doors to engaging in private and public discussions with over a dozen prominent protocols and organizations, exploring the potential benefits of having a Nounish DAO support their protocol.

This proposal seeks 50 ETH to bolster our efforts in financing Public Goods, exemplifying a successful Nounish DAO, and furthering BuilderDAO’s most potent proliferation strategy. Following the deployment of our initial 25 ETH, momentum from ETH Denver and the maturation of the Farcaster protocol, I evaluated the impact of our initial investment and the opportunities ahead. Consequently, I determined that an additional 50 ETH is necessary to capitalize on the potential to fund Public Goods and maximize the proliferation of Nouns Builder.

Additionally, a vote in favor of this proposal demonstrates to the world that when you establish a DAO using Nouns Builder and invest the necessary initial effort to cultivate a thriving DAO, BuilderDAO will provide its unwavering support.

Proof of Proliferation: An Incomplete List of Media Mentions & Features

Podcasts / Twitter Spaces / ETC

  • Jacob talks about Purple on SeedClub’s Building at the Edges

  • Jahid discusses Purple on the UFO Podcast with Nick Hollins

  • Yuri mentions Purple as inspiring on UFO Podcast with Nick Hollins

  • Purple Radio on The Noun Square every 3rd Friday

  • Chris Carella discusses Purple on Unlonely

  • Chris Carella discussing Purple on Where’s the Block Podcast

  • Chris Carella discussing Purple and Nouns Builder on Juicecast Podcast by Juicebox (next Episode to be released)

  • Purple Members discussing Purple and Nouns Builder on Web3Galaxy Brain Podcast (next episode to be released)

  • Chris Carella on the BuilderDAO Streams EP2

  • Purple with ccarella on Lil Panda’s Stream

  • Dan Romero discusses Purple on Noun O’Clock.

  • Dan Romero discusses Purple on the Farcaster Broadcast on ClubHouse (4.6.23)

  • Chris Carella on upcoming Noun O’Clock on April (4.11.23)

Blog Posts and Newsletters

  • Now Anyone Can Create an Ethereum NFT DAO With Zora’s Nouns Builder (Decrypt)

  • Why I Joined Purple (Phil Mohun of BrightMoments)

  • Forefront Newsletter (11.7.22)

  • Forefront Newsletter (1.9.23)

  • Forefront Newsletter (1.23.23)

  • TLDR; The Friends with Benefits Newsletter (3.3.23)

  • Juicebox’s Juice News (4.4.23)

  • 7 interesting projects worth checking out on Nouns Builder (DAO Times)

  • The DAO2DAO Ecosystem (Tally)

  • A section about Purple in every This Week in Farcaster Newsletter

  • A quote tweet of Dan Romero’s by Jacob about Purple on launch day.

Presentations

  • Chris Carella presented Purple & Nouns Builder at DEF Demos on 11/9/22.

  • Chris Carella presented “What is Nouns” at DAO Planet DcentralCon on 11/28/22

  • Chris Carella presented “What is a Nounish DAO” at DAO Denver @ ETH Denver on 3/1/23

  • Fabiola Larios discusses Purple at a FWB’s Cafe11 panel at Art Basel on 12/1/22.

Features & Notables

  • Launchcaster creates a Purple Community

  • Purple is featured on Terminal.co homepage for Nouns Builder Launch

  • Timshel creates & presents a Purple Chainspace Ordinal on ETH Denver Conference Floor

  • Commemorative NFT created permissionlessly for the Purple launch gets 437 mints

  • 0xen announces they are giving 2.5% resale royalties of an NFT collection to Purple

  • Dan Romero mints first NFT and announces proceeds go to Purple Treasury (currently 1460 editions minted)

  • Purple funds Botfrens to bring onchain updates from Nouns, BuilderDAO and Purple to Farcaster

  • AlphaCaster.xyz is created and at first only support Purple but later supports many Noun’ish DAOs and wins a Nouns Hack Week award.

  • Purple is added to a16z’s Awesome Farcaster github repo.

  • Purple Co-Hosts Meetup at ETH Denver where 400 people attended. Some attendees get interested and become Purple members after the event.

  • Purple Bounty Program mentioned in BuilderDAO Proposal 38 Residency for Neokry.eth

Purple’s Accomplishments to date

Though we are only in the early stages of our journey, Purple has already achieved several noteworthy accomplishments:

  • Decentralization and Community: With 129 Members holding a total of 177 tokens, we boast a well-decentralized community. Our average wallet age is 2 years, and we maintain a pseudo-Sybil resistance structure through Farcaster. All of our members are non-anonymous.

  • Auction Success: Purple consistently ranks as the #1 or #2 token sale in the Nouns Builder universe daily, and we have the highest average auction sale price over the last 7 days compared to all other Nouns Builder DAOs.

  • Token Auction Revenue: We have successfully acquired 64 ETH through token auctions, with 34.3 ETH remaining in our treasury.

  • Active Governance: Our community has voted on 20 proposals, executing 16 of them to date.

  • Retroactive Funding and Bug Bounties: We have provided retroactive funding as well as bug bounties, demonstrating our commitment to the ongoing development and security of our platform.

  • Support for Builders: Purple has hosted 2 Prop Houses, offering support to multiple builders, including an open-source data project.

  • Technological Advancements: We have funded the integration of BotFrens with Farcaster for Nouns, BuilderDAO, and Purple, ensuring continued access to essential resources, particularly as Twitter becomes an increasingly challenging environment for developers.

What will we do with the BuilderDAO Grant?

With the support of the BuilderDAO grant, Purple aims to:

  • Amplify Funding for Public Goods and Nouns Builder Promotion: We will significantly scale up our efforts in funding Public Goods and discussing Nouns Builder across various media platforms. This expansion will attract even greater media attention and drive further growth.

  • Harness the Potential of Farcaster: We will capitalize on the recent advancements in Farcaster’s protocol, including the release of hubs and the availability of Signin with Farcaster. By leveraging the energy within the Farcaster developer community, we aim to accelerate our efforts and attract more attention.

  • Implement Quadratic Funding with Gitcoin Allo: Purple will be among the first DAOs to conduct a Quadratic Funding round using Gitcoin Allo, further expanding our capabilities.

  • Focus on Nounish Tools and Collaborations: We will double down on Nounish tools, such as Prop House and Prop Lot, and actively seek collaborations with new tools and protocols to educate them about Nounish DAOs.

  • Engage in Ethereum Events and Scholarships: Our members will actively participate in major Ethereum events, sponsoring Farcaster meetups and offering scholarships when appropriate to strengthen our presence and influence within the community.

  • Innovate and Support Open-Source Contributions: We will continue to develop new approaches to bug bounties and attract contributors to the open-source Farcaster repositories. Additionally, we will provide retroactive funding for open infrastructure projects and rewards for developers who run hubs.

Benefits to BuilderDAO

By supporting Purple’s initiatives, BuilderDAO stands to gain numerous advantages that will bolster its position within the Ethereum ecosystem. The enhanced visibility arising from Purple’s promotion of Nouns Builder across various media platforms will increase awareness and attract more users and developers to the Nouns Builder software. Moreover, Purple’s successes and innovative projects will reinforce BuilderDAO’s reputation as a powerful platform for creating successful DAOs. As Purple expands the Nounish toolkit and collaborates with other Ethereum organizations, it will foster a richer and more diverse Nounish ecosystem, directly benefiting BuilderDAO by showcasing the versatility and adaptability of the Nouns Builder platform. Furthermore, Purple’s active participation in Ethereum events, sponsorships, and educational outreach will drive the widespread adoption of Nouns Builder, strengthening BuilderDAO’s market position. By partnering with other Ethereum organizations and exploring collaborations, Purple will create new opportunities for BuilderDAO to engage with projects that have the potential to enhance the Nounish DAO concept further. Finally, backing Purple’s success and ensuring its continued growth will demonstrate BuilderDAO’s commitment to supporting DAOs built using the Nouns Builder platform, encouraging more users to create their own DAOs with the confidence that BuilderDAO will support them.

Conclusion: A Joint Vision for Growth and Success for Nounish DAOs

In conclusion, Purple has demonstrated its potential as a thriving and innovative DAO that actively promotes the adoption and growth of Nouns Builder. By seeking the BuilderDAO grant, Purple aims to scale up its efforts, expand the Nounish ecosystem, and continue to drive the success of both Purple and BuilderDAO. By supporting Purple’s initiatives, BuilderDAO will not only benefit from the numerous advantages that come with Purple’s growth, but also reinforce its position as a powerful platform for creating successful DAOs. Together, Purple and BuilderDAO will foster a more connected and diverse community, pushing the boundaries of what Nounish DAOs can achieve and contributing to the overall advancement of the blockchain ecosystem.

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0
Votes 29
VoterCast PowerVote & Rationale
0xd1d1...E691D0
15

AGAINST

0xCEEd...4AD915
7

AGAINST

0x3B60...50a43F
7

FOR

0x387a...affffd
6

FOR

andrei
6

AGAINST

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Proposal Status
  • Published Onchain 0x3B60...50a43F
  • Tue April 11 2023, 01:02 amVoting Period Starts
  • Sat April 15 2023, 01:02 amEnd Voting Period
  • Queue Proposal
  • Execute Proposal
Current Results

1-AGAINST

41

52.56%

2-FOR

37

47.44%

3-ABSTAIN

N/A Tokens

0%
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