Nouns DAO

tl;dr – Encourage creators (artists and devs) to build with Nouns by having a pool of funds held in a Safe for this purpose. The Safe will be used immediately to recognize existing a few creators in our community while also allowing fast funding of small, one-off, or alpha version projects as they appear.

Past and Fast

While Nouns DAO governance works well for larger projects, the multi-step, on-chain proposal process is not ideal for encouraging small, one-off, or alpha versions of projects/tooling. Despite this, many Nouns community members have added to the ecosystem and it would be great to honor their contribution.

To solve both of these issues, we’d like to propose that a pool of capital be sent to a Nouners controlled Safe. A Safe is much quicker mechanism to coordinate and distribute funds. We would like 20 ETH to pilot the pool, with a suggested range of 0.25-2 ETH per project, with the aim of:

1. acknowledging, through retroactive funding, past contributions to the Nouns ecosystem
2. granting funds for the development of small, one-off, or alpha version projects
3. encouraging building and signalling that retroactive funding is a viable way to build on Nouns

Funding Committee

The initial signing committee on the Safe will be:

• Noun 12
• Noun 16
• Noun 22
• Noun 32
• Nouns DAO

The Safe will require 2 of 4 Nouners to sign, with Nouns DAO acting as a largely symbolic owner and backup.

The committee will monitor the builder community, retroactively fund previous work as it comes up, and receive informal requests/applications for small project grants. The projects and amounts will be at the committee’s discretion.

Who to Retro Fund Right Now

In addition to the 20 ETH Safe, we proposal the immediate funding of the following creators:

• 1 ETH to 12BNoun for developing many projects including Nounspedia, This-or-that, and Synthetic Nouns
• 0.75 ETH to humpstyles for their original, Nouns-based art Abstract Nouns
• 0.75 ETH Zeeraffe, JustKiddinc, and WNX for continuing to create one Nouns Vox daily
• 0.25 ETH to aaaaaaaaaa for setting up a Dune Analytics Dashboard for Noun Auction stats.

Transaction Details

This proposal will execute the following transactions:

• 1 ETH sent to 12BNoun (0xd77e44F294938472381A587a47F5D836C6290EA3)
• 0.75 ETH sent to humpstyles (0x4939C898da18b0c1E71DC2A42aa545AD228711B5)
• 0.75 ETH sent to the Nouns Vox group (0x6Dfa20170603c53220cDD61EA8d7DE9b7Ed725Ef)
• 0.0125 ETH sent to Electronic Frontier Foundation (0x095f1fD53A56C01c76A2a56B7273995Ce915d8C4) on behalf of aaaaaaaaaa
• 0.0125 ETH sent Save The Children (0xA77a54139b285C5294f24A492B9896c380dDe01D) on behalf of aaaaaaaaaa
• 20 ETH sent to the Retro Funding/Small Grants Committee's Gnosis Safe (0x2AF21E37928613582734bcBAeaD0919801a4CAcf)
• 0.023 ETH sent to Noun 32 as reimbursement for creating the Safe (0x6f9e3976fa3b5b22761fe5D635E1f0d9d9aeB85d)
• 0.088 ETH sent to Noun 22 as reimbursement for submitting the on-chain proposal (0x75ee6eb3d8dacf41ee2e5307090b197d3e1cca6e)