Description
Nouns is an innovative generative NFT project operational on the Ethereum blockchain, focusing on a unique twist in the creation and distribution of NFTs known as "Nouns". These are 32x32 pixel character NFTs based on people, places, and things, with a new Noun generated and auctioned every 24 hours. The project is distinguished by its decentralized, community-driven governance model facilitated through the Nouns DAO, where Noun owners gain voting rights on the project's future, fund allocations, and more. The project promotes perpetual funding by reinvesting auction proceeds into the community treasury to support development, grants, and initiatives, illustrating a novel blend of artistic expression with collaborative project governance within the web3 ecosystem.
Nouns is an innovative generative NFT project operational on the Ethereum blockchain, focusing on a unique twist in the creation and distribution of NFTs known as "Nouns". These are 32x32 pixel character NFTs based on people, places, and things, with a new Noun generated and auctioned every 24 hours. The project is distinguished by its decentralized, community-driven governance model facilitated through the Nouns DAO, where Noun owners gain voting rights on the project's future, fund allocations, and more. The project promotes perpetual funding by reinvesting auction proceeds into the community treasury to support development, grants, and initiatives, illustrating a novel blend of artistic expression with collaborative project governance within the web3 ecosystem.
