Description
Prop House is a web3 platform that facilitates the democratization of funding for new projects in the crypto and blockchain realm through "NFT RFPs" (Request for Proposals), primarily within the Nouns DAO ecosystem. This innovative platform empowers community members to submit proposals for funding, while contributors use NFTs to vote on these proposals. Winning proposals receive cryptocurrency funding, thus enabling the community to directly influence and support the development of novel projects and ideas. Prop House employs NFTs as voting tokens to ensure a transparent, accessible, and fraud-resistant voting mechanism, which embodies the principles of decentralized finance and governance. Funded by Nouns DAO, it represents a public infrastructure that explores a unique. experimental approach to capital deployment in onchain communities. Through its funding rounds, Prop House acts as a versatile platform for communities to award capital to the most compelling proposals, thereby fostering growth and innovation in the web3 and blockchain space.
Prop House is a web3 platform that facilitates the democratization of funding for new projects in the crypto and blockchain realm through "NFT RFPs" (Request for Proposals), primarily within the Nouns DAO ecosystem. This innovative platform empowers community members to submit proposals for funding, while contributors use NFTs to vote on these proposals. Winning proposals receive cryptocurrency funding, thus enabling the community to directly influence and support the development of novel projects and ideas. Prop House employs NFTs as voting tokens to ensure a transparent, accessible, and fraud-resistant voting mechanism, which embodies the principles of decentralized finance and governance. Funded by Nouns DAO, it represents a public infrastructure that explores a unique. experimental approach to capital deployment in onchain communities. Through its funding rounds, Prop House acts as a versatile platform for communities to award capital to the most compelling proposals, thereby fostering growth and innovation in the web3 and blockchain space.
