Nouns
Nouns is a community-owned brand that makes a positive impact by funding ideas and fostering collaboration. Launched in 2021, Nouns is a generative NFT project on the Ethereum blockchain that aims to bootstrap identity, community, governance and a treasury that can be used by the community. Nouns NFT stands out as a pioneering initiative that combines creativity, community, and cutting-edge technology. Nouns are also a creative experiment on Ethereum designed to improve how on-chain communities interact. Each Noun is a 32×32 pixel character made up of almost endless combinations of bodies and accessories, including 242 heads, 140 accessories, 30 bodies, 23 glasses, and two backgrounds.
ABOUT NOUNS
Nouns NFT project has emerged as a standout initiative in the NFT world, redefining how NFTs are created and traded.
The project is an experimental approach to enhance the formation of on-chain avatar communities, providing a platform for identity, community, governance, and a treasury controlled by the community members.
The first-ever Noun was auctioned on August 8, 2021, and features a fox as a head and pink and purple two-tone glasses.
Nouns DAO is an innovative NFT project on the blockchain, creating unique artworks known as Nouns.
These are generated and auctioned daily with all funds going into a community treasury to use for projects across the world.
Nouns DAO empowers its NFT owners to participate in governance and decision-making processes funding creativity and goodwill.
KEY FEATURES
Every 24 hours, a new Noun is created and put up for auction. This perpetual creation and auction cycle ensures a steady flow of unique digital assets and keeps the community engaged.
Algorithmically Generated Art.
Each Noun is a one-of-a-kind digital character composed of different attributes, such as headgear, accessories, and backgrounds.
The governance of Nouns NFT is community-driven through its DAO structure. Each Noun holder becomes a member of the Nouns DAO, with the right to vote on proposals and decisions affecting the project's future.
Community-Driven Initiatives.
The funds collected from the daily auctions are stored in the DAO's treasury. The funds are then used to support various community-driven initiatives.
Long-Term Vision and Sustainability.
The perpetual daily auctions and continuous influx of new members and funds ensure that the project remains vibrant and dynamic.