Following the overwhelmingly positive response to the Nouns Explainer created by Ordinary Folk from Prop 113, we are proposing that Nouns releases this video as a timed open edition.

This is a groundbreaking proposal, as it will be the first time that Nouns DAO will be minting and releasing a creative work that was commissioned by the DAO.

By minting this video from the DAO via a proposal, it is becoming NounsDAO canon. Similar to how the DAO added in new head attributes via a proposal, Nouns can continue to explore and experiment with new models of CC0 art and production and minting directly from the DAO is a new tool for the organization to directly release and distribute the most important artifacts from the community. It’s not hard to see how this can advance Nouns into a crypto-native form of Movie Studio, Production House, Art Museum and so on.

This video will be released as a Timed Open Edition for a price of 0.05 ETH. This means it will be available for anyone to mint for the specified minting period, which will be open until the Rose Parade on January 2nd, 2023. The proceeds from sale will be split between Nouns (60%) and Ordinary Folk (40%).

We are excited to experiment with DAO NFT releases as an additional value capture mechanism, and potentially create a simple and repeatable model for any creator, community and brand in the ecosystem to put forward amazing artifacts to be minted via Nouns.

This edition will be minted with Zora, and will be available to mint onchain and at thisisnouns.wtf

Release Details:

Title: This is Nouns

Description: WTF is Nouns? That’s the question we sought to answer in this crazy video – packing in more artistic styles than we’ve ever put into a project before, and a sprinkling of humour along the way.

This is Nouns is the first ever edition mint by NounsDAO, created by Ordinary Folk.

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Symbol: NOUN001

Edition Type: Timed Open Edition

Start date: December 23rd, 12pm ET End date: January 2nd, 12pm ET

Price: 0.05 ETH

Split address: 0xCF8AEFd3E895005C37BB7A901C1a8B253684A012

Ordinary Folk Address 0x93629A45bB87C4518cB98Dbd97e016136e89Ce71

NounsDAO Treasury Address 0x0BC3807Ec262cB779b38D65b38158acC3bfedE10

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tranqui.eth (ZORA engineer) is set as collection defaultAdmin to update any potentially issues with metadata + salesConfig upon contract deploy and will then transfer ownership to NounsDAO Treasury Address when finalized.