Nouns are an experimental attempt to improve the formation of on-chain avatar communities. Nouns DAO utilizes a fork of Compound Governance and is the main governing body of the Nouns ecosystem. Nouns DAO lets Nouns NFT holders participate in governance. Each Nouns NFT equals one vote. Holders can vote directly or delegate their votes. Proposals require ownership of at least two Nouns NFTs. New Nouns are minted daily, diluting individual voting power and encouraging active participation. The tokenomics of Nouns DAO are centered around a auction mechanism and a decentralized governance model. Every day, one Noun NFT is minted and auctioned off, with all proceeds going directly into the Nouns DAO treasury. The initial funding mechanism leverages the sale of these Noun NFTs to build a substantial treasury, which has grown significantly over time.
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Mento is a protocol that enables the adoption of digital currencies worldwide, aiming to provide a stable asset for every country. With a goal of onboarding a billion web3 users, Mento is creating a new, accessible future for digital currencies.
Optimism is a collective dedicated to funding public goods and driving Ethereum’s long-term sustainability. Through its governance structure, the Optimism Collective coordinates efforts among developers, communities, and organizations to support impactful projects, reinforcing Ethereum’s role as a public good.
Overtime differentiates itself in the blockchain sports market space by offering a decentralized, non-custodial trading platform for sports events. It's inspired by Thales contracts, providing instant liquidity and competitive odds. Unlike typical sports markets, Overtime requires no KYC, user registration, or fund custody, and operates as a public good without its own token. Governed by the Thales Council, elected by THALES stakers, Overtime emphasizes community-driven proposals and decisions. The project's financial backing and grant status are not specified in the provided information.
