Anyone following Nouns project has to admit it is one of the most innovative in merging NFTs and DAO.
It launched over a year ago and has more than 29.000 Eth in its treasury. The funds come from a Noun auctioned every day forever. Each noun gives you one vote in the DAO and those pixelated designs have one reason, they directly code the image onchain instead of using a link to a decentralized file service as IPFS.
There have been several forks of the project and just two days ago a new one was born called Publicnouns as its intention is to fund public good proposals with its treasury.
Their NFT designs are developed around public good crypto communities such as Gitcoin, Metacartel, or DaoHaus, and they auction one NFT every 12 hours instead of 24. As you can see in the image above, at the time of writing they are auctioning its third NFT, the two previous ones raised more than 4ETH each.
If you follow market data on NFTs you may be aware, volume has dropped down drastically in the past months, a quick look at Dune Analitics boards about Opensea Market shows a clear downtrend.
But when you mix a simple straight project with a nice community behind it and a clear purpose, the result is just a success.
Here's the Opensea collection page
