Lil Nouns DAO

Overview of the Proposal

I am seeking 6.9 ETH to develop and expand community tools for Lil Nouns, with a primary focus on integrating and enhancing our presence on Farcaster. Farcaster has emerged as a key platform for our community, showing significant potential for engagement and growth. By concentrating our efforts here, we can leverage its unique capabilities to build tools that strengthen our community and support ongoing Lil Nouns initiatives.

This request is modest and reflects substantial retroactive work and a proven track record of delivering impactful tools. Despite a 30% drop in the fiat value since the initial proposal, I have not adjusted the funding request, demonstrating my commitment to delivering value. Approximately 10-20% of the budget is allocated to necessary infrastructure and services, which is based on fiat value and could increase considering current market conditions.

Why Focus on Farcaster?

Farcaster has become a crucial hub for Lil Nouners, with over 700 verified wallets connected to the platform, representing a third of all Lil Noun holders. The engagement levels on Farcaster are high, making it the ideal platform to focus our community-building efforts. By prioritizing Farcaster, we can effectively nurture our existing community, re-engage inactive members, and create tools that enhance interactions and participation.

Achievements and Progress Made

This initiative has been self-funded and retroactive since year-to-date. Despite the lack of prior funding, significant progress has been made, including:

• Development of bots, channel automations, and tools, with some already open-sourced and more to come.
• Thousands of views driven to our frontend, verified by Google Analytics and UTM link results.
• Launch of DC-based tools, which have already shown a significant impact.

These efforts have led to nearly doubling monthly voter turnout compared to late 2023, demonstrating the effectiveness of our approach on Farcaster.

Planned Deliverables and Next Steps

With Farcaster as our primary focus, the planned deliverables include:

• A fully operational version of DC-based tools for Lil Nouns events, tailored to Farcaster’s platform.
• A VRGDA auction frame for accessing auctions directly through Farcaster.
• An open-source automation framework for Lil Nouns channels on Farcaster, customizable based on each channel’s needs.
• Development of token-gated features and automated tools using Farcaster’s infrastructure to enhance user access, engagement, and interactions.

Expected Outcomes and Impact

• Increased engagement and activity within the Lil Nouns community on Farcaster, measured by growth in active users and interaction frequency.
• Boosted voter turnout with sustained improvements in participation rates.
• Enhanced tool adoption and usage among community members, leading to more efficient interactions and positive feedback for new tools.
• Expanded reach, with growth in the number of active Lil Nouners and re-engagement of inactive members, measured by an increase in verified Lil Nouners and retention of members.
• Ongoing development and maturation of open-source tools, fostering innovation and collaboration, evidenced by the release and adoption of new open-source projects and community collaboration.

Conclusion and Final Thoughts

Focusing our community-building efforts on Farcaster is a strategic choice driven by the platform’s significant potential and current high engagement levels. This funding will enable the Lil Nouns Lab to sustain and expand these efforts, ensuring our community remains vibrant and engaged. I appreciate the community’s continued support and am confident that, with this funding, we can achieve even greater success together.