Nouns DAO

tldr: Experiment with Prop House as a way to bring in long-term aligned players by running three rounds where the award is one Noun.

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Post-fork, the main goal for Nouns has been to create a stable environment where the auction attracts long-term aligned participants rather than arbitrageurs. The strategy includes increasing thoughtful spending, testing out new mechanisms, and rewarding Nouns to deserving contributors.

To advance this goal, I suggest conducting trial rounds where a Noun is awarded through a Prop House round. The rounds’ focus would be to bring in exceptional people who have previously contributed something meaningful in their respective fields. Taking inspiration from Brian Armstrong, the round would serve as an explicit invitation for accomplished and interesting individuals to help steward Nouns.

Round parameters:

• A two-week period for submitting proposals.
• A one-week period for voting.
• Open submission for all (with basic criteria to avoid spam).
• Voting conducted by Nouns voters.
• The proposer with the highest votes receives one Noun.

Logistics: The nouns would be escrowed in a 2/3 safe managed by trusted community members ccarella, necfas and seneca.

Timeline: If we stick to a ~20 day timeline, we can run three rounds between November and December with the final round ending on new years day :)

The Chosen Ones: Army Pickel, Icy Snowman, Fiery Cloud

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If the experiment is successful in attracting worthy participants, we could consider running continuous rounds to help allocate the 500+ Nouns in the treasury. Worth noting is that if it is indeed a success, more than helping allocate Nouns, these rounds could be a sort of Nouns-wide celebration akin to noun-o-clock.