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Lil Nouns Weekly Newsletter #29

December 26, 2022 by Lil Nouns Weekly Filed Under: Lil Nouns

Welcome to everyone who has joined us since last Sunday! If this is your first time reading, you can join hundreds of other smart, curious, and nounish folks by subscribing here:

Subscribe now


gm!

Merry Christmas to those who celebrate! And a Happy Holidays to all!

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I hope everyone has enjoyed some time with friends and family touching grass snow and sitting around the dinner table helping onboard that one curious cousin into Lil Nouns and the greater web3 ecosystem. 🫡

•••

Here’s what we cover in this week’s post:

→ Lil Nouns Spending

→ How is the Lil Nouns Treasury Trending?

→ Quiet Week of Proposals

→ Prop House, Round 11 (ends today!)

→ Around the Lil Community

→ Lil Noun Stats

Alright, let’s dive in.


→ Lil Nouns Spending

Lil Nouns has 400 ETH (and 13 Nouns) in our Treasury. But did you know, we’ve spent over 1,600 ETH so far? It’s all been spent on builders who want to grow the Lil Nouns ecosystem.

This week, Mike Good (aka Good Beats) put some numbers together that categorized where all that sweet, sweet ETH has gone—it’s pretty amazing to see—check it out:

Twitter avatar for @GoodBeats

mikegood.⌐◨-◨ @GoodBeats
Added an idea to Lil Nouns @nounsprophouse Round 11 to break down spending since inception of @lilnounsdao

Some stats ⌐◨-◨

Lil’s have spent 1621E on 44 on-chain proposals 🤑

55% of that was used to buy 13 @nounsdao tokens 🎉

…

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7:41 PM ∙ Dec 21, 2022


18Likes3Retweets

→ How is the Lil Nouns Treasury Trending?

“Okay, so we have spent a lot of money, but aren’t we in a bear market? Are we still earning money?”

Great question! Glad you asked.

And now we have some data to answer.

Will (the whale) forked a Lil Data Pod query and used chatGPT to spit out this data (no joke)

I would say this is a positive trend in the last 2 weeks. Notable given bear market. Also overlaps with our Noun acquisitions
-Will

Will’s argument was that the uptick was due to the acquisition of Nouns. Which it very well could be!

But some other arguments were made too.

The recent uptick could be due to Lil Block Party (the timing is similar). Or, maybe it was because of sNouns friends joining us. Or maybe it’s just positive sentiment growing for what we’re doing here at Lil Nouns.

Only time will tell, but it’s a good trend. Until then, we’ll keep stacking ETH and Nouns.

Twitter avatar for @0xSVG

lil dot ⌐◨-◨ @0xSVG
.@lilnounsdao stacking ⌐◨-◨

4:08 PM ∙ Dec 20, 2022


42Likes11Retweets

→ Quiet Week of Proposals

After last week being the most Proposals in the DAO’s history, this week was much slower (to be expected, with the holiday). Stoked to see what people come up with as we enter into the new year!

We had three Props finish (and one new one go up). No new Props have gone up the last few days, so nothing to vote on this week.

Here are the three Props that closed out this past week:

Proposal 87 [Passed]

Extend Nouns Acquisition Commitee Mandate (75 ETH)

FUNDING REQUEST REDUCED BY 60%

Extend Nouns Acquisition Committee Mandate
Send an additional 75 ETH to NAC Multisig
Purchase more nouns using autobidder

Proposal 86 [Defeated]

The Most LilNounish Game Ever: 12 Oz. Mouse Absurdist Humor Meets LilNouns!

Edward J. Gumsterfeld Saves the World (EJGSTW) is an interactive political cartoon [read: puzzle game] that will eventually grow into its own degen metaverse and serve as a perpetual onboarding mechanism for Nouns, reaching beyond web3 into web2.

Proposal 85 [Passed]

Get-By X Lil Nouns – Second Chances Are Nounish!

1. Create co-branded merchandise to proliferate the Lil Nouns and Nounish DAOs while also raising awareness around Get-By and fair-chance hiring.
2. Support Get-By by funding launch expenses and initial marketing efforts to include Job Fairs.

→ Prop House, Round 11 (ends today!)

Round 11
Funding: 0.35 ETH + 1 LIL × 7

An open round where builders are encouraged to propose any idea they believe will benefit the Lil Nouns ecosystem. Anyone with an ETH address is welcome to propose. Once the proposing period is complete, Lil Nouns holders will vote on their favorite proposals. The proposals with the most votes will get funded.

Here are the top seven choices right now:

Voting ends TODAY! (at 6pm EST) so get out and VOTE! We appreciate your participation.

→ Around the Lil Community

1/ Should Nouns DAO’s Treasury Stop Being Spent? By 4156

There has been a recurring debate in both Nouns and Lil Nouns about spending our treasuries. This article does a terrific job outlining some of the main pros and cons. Here is an excerpt (full article below) –

Punk 4156 has expressed a viewpoint that is considerably different from that of the other Nouns sections, stating that he believes the Treasury’s sustainability argument is false. He doesn’t think the brand’s growth should be slowed down; on the contrary, he thinks we should keep helping the DAO’s brilliant builders and looking for new ways to disseminate the Nounish spirit globally. He contends that it is inappropriate to measure the success of Nouns in the context of a general bear market, where the NFT market’s volume is down 95% from its peak. Since last year, the builders’ work has grown tremendously, including hundreds of people in the creation of their products within the Nouniverse and bringing noggles to the screens of millions of people.

The Noun Square Summaries
SHOULD NOUNS DAO’S TREASURY STOP BEING SPENT? | 4156 at The Noun Square
We have a special article about the Nouns DAO Treasury that is currently receiving a lot of attention today. The Nouns Builder Proposal (1000ETH) and the Gnars Proposal (694,2ETH) significantly increased the debate around the use of the Treasury during the past few weeks. It is one of the most significant discussions in the DAO’s history, and we think y…
Read more
a month ago · Nouns Summaries⌐◧-◧

2/ Spreading Cheer

Thanks to the Prop House round – lil acts of kindness, Lil Al brought food to the teachers at his local elementary school. This is very Nounish.

3/ Feeling cozy with Lil Nouns Coffee

Twitter avatar for @lilnounscoffee

lilnounscoffee @lilnounscoffee
lil nouns coffee 003 at nanas @lilnounsdao @nounsdao what’s going on here? ⌐◨-◨
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9:26 PM ∙ Dec 25, 2022


23Likes2Retweets

4/ Lil Nouns iOS widget

Have you downloaded the new iOS widget yet? What are you waiting for?

Twitter avatar for @7x7x7eth

al409.⌐◨-◨ @7x7x7eth
@iamng_eth new lil nouns IOS widget is so useful 🙏🏼
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5:45 PM ∙ Dec 24, 2022


11Likes3Retweets

5/ A very Nounish Christmas

To close out this post, here are a few of our favorite holiday tweets from around the Nouniverse –

Twitter avatar for @lilsistersfund

Lil Sisters @lilsistersfund
GMGMGMGM ⌐◧-◧

Our Lil fire loves Christmas 🎄

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12:32 PM ∙ Dec 21, 2022


20Likes4Retweets

Twitter avatar for @lilnouners

Lil Nouners ⌐◨-◨ @lilnouners

3:33 PM ∙ Dec 24, 2022


15Likes1Retweet

Twitter avatar for @nounsinsg

NOUNSINSG ⌐◨-◨ @nounsinsg
Re: Chirstmas eve

Out and about today sending love to Star Shelter and Kitten Sanctuary; delivering daily essentials to these two shelter in Singapore all powered by ⌐◨-◨

Thank you @cryptoseneca and @nounsprophouse
for having such activation! Nounish Holiday Season! 💕

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4:28 PM ∙ Dec 24, 2022


41Likes12Retweets

Twitter avatar for @messhup

MΞSSHUP @messhup
I’m honored to show you this cozy piece made by some of the best artists in the Nouniverse.
Thanks to @0xaprilia @ilustradoraeth @DesenhistaRedn @amiyoko_eth @facuserif and @Greta_gremplin for joining this challenge!
Link in the thread below🧵👇
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1:01 PM ∙ Dec 24, 2022


101Likes46Retweets

Twitter avatar for @amandaabreu_23

Amanda Abreu @amandaabreu_23
Glad to have been part of @mucholoveinfo Winter Wonderland🎄❄️
Being and feeling @nounish 🤸🏻‍♀️
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7:11 PM ∙ Dec 21, 2022


26Likes9Retweets

Twitter avatar for @nounish

nounish ⌐◨-◨ @nounish
We wish you a nounish Christmas and a Happy Noun Year!

Beautiful carolling by @Pixel_Becco and Ginger And Tonic.

Funded by @nounsprophouse ⌐◨-◨

6:39 PM ∙ Dec 22, 2022


43Likes18Retweets

→ Lil Nouns Sales

  • Lils Minted: 62 (up 19% from last week)

  • Lils Burnt: 14 (down 13% from last week)

    (Source: Dune | Lil Nouns Data Pod)

→ Lil Events

  1. Brainstorming Tuesday is tomorrow at 12pm EST. The agenda is to “discuss how to revamp our discord with 3 key objectives in mind: maximum clarity, minimum information overload, and utilizing infra funded by Lil Nouns.”

    • Recap from last week’s working session here

  2. Weekly Call is Friday December 30th at 1pm EST!


See you next Sunday,
Lil Saturn

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