Introduction:

Nouns DAO is a Unique NFT ProjectNouns DAO is an online group that supports creative projects to promote Nouns as a decentralized brand. It aims to be a force for good in the community.

Current State of Nouns

Since its launch in August 2021, Nouns DAO has created 1045 Nouns auctions, with an average price of 5.7 ETH. There are about a dozen Nouns listed on secondary markets like Blur and OpenSea.

Surviving the First Nouns Forks

The recent Nouns V3 protocol included the introduction of Nouns Fork, a system that allows groups to peacefully diverge over differences within the community. So far, nearly 600 Nouns NFTs have been returned to the Nouns Treasury through this mechanism.

The Rise of Prop House

Prop House, incubated within Nouns DAO, is a tool that allows NFT communities to propose ideas for funding rounds. It has awarded over $3M across 8,000 proposals and 300 funding rounds. Nouns DAO itself is using Prop House to support creative projects like Nouns x Farcaster.

Propagating the Nounish with Nouns Builder

Nouns Builder is a platform that helps create NFT DAOs on Ethereum, expanding the Nounish approach in the Ethereum ecosystem. It has contributed to popularizing the Nounish philosophy in NFT projects.

The Nouns Farcaster Revival

Nouns DAO moved away from centralized communication channels to embrace decentralized communication tools like Warpcast. The Nounish community has adopted Warpcast as a primary channel for discussions and news.

Recent Nouns Proposals

Nouns DAO has backed over 500 proposals, including projects like beer brands, video games, esports teams, and more. These projects showcase Nouns DAO's cultural impact in the cryptoeconomy.

Looking Ahead

Nouns DAO will continue to support new projects and introduce innovative resources like Farcaster clients. It is also exploring L2 voting options and expanding its reach into the mainstream through platforms like Instagram and esports. Nouns DAO has the potential to grow and engage a larger audience in the future.