Proposal 116 (Q1813)
From Nouns Dev
A Nouns proposal.
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Proposal 116 |
A Nouns proposal. |
Statements
Monthly Nouns Comics for mass market release
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116
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0
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21 July 2022
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109
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⌐◨-◨ We like the nounish comics ⌐◨-◨
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🦈 nom nom Comics 🦈 ⌐◨-◨
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12
⌐◨-◨ Nouncil has voted unanimously in support of this proposal. We like the nounish comics and look forward to seeing how this progresses.
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Defaulteduser
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21 July 2022
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Is <@923450524538400818> a bad actor? If you wish to put in some first hand accounts, we will of course listen to them! We cannot in good conscience let them bring their mutations into the book. That could have a bad effect!
JoshuaFisher#0001 described <@923450524538400818> as dastardly and maniacal, suggesting they are a bad actor.
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But how do people buy from the dao?
People can buy from the DAO by placing orders through email, which will be set up, or through a basic web store. Additionally, a portal through Titan will be available for those who wish to use a credit card. The DAO acts as a fulfillment channel for the members, in addition to the comic stores.
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Doesnt this imply that the original proposal included 7k copies of each issue were going to go the DAO?
7,000 copies of each issue are going to the DAO. The DAO will have to vote on what to do with them, and they will be placed in storage until told where to send them.
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Have any comics been sold yet?
Two issues of the comic have been completed, and issue #1 is currently being sold to comic book stores. Orders will be received at the end of February, and the book is set to print in the first week of March.
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Honestly, everyone who socialized this before it went onchain must not have understood these dynamics. What sense does it makes to print 30k more comics when we're sitting on 42k comics and already worried about regular way retail demand?
The concern is about printing 30k more comics when there are already 42k comics and worries about retail demand. The response is that the worry is not about retail demand, but about the community connecting with the retailers. The retailers are supporting this as they are able to, which is good for the project. The DAO will have to decide what to do with the 7,000 copies of each issue, whether to give them away or sell them, and the timeframe for doing so.
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How could you not mention the 7k (42k in total) that DAO owns already in this Proposal?
The DAO already owns 7,000 copies of each issue (35,000 total), which can be used to provide copies to the community. The proposal is about providing more copies to the community, not selling them. The DAO will have to vote on what to do with the 7,000 copies they already own, such as giving them away or selling them.
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I don't fully grok the proposal. We funded the production of these comics, all for that.--Is this proposal suggesting we take on the risk of distribution by fronting the purchase of the comics up front? Why can't ComicsDAO do the distribution with their own frontend?--Looking forward to this series, I bought the 6 issue pass from ComicsDAO directly, but I'm not entirely sure why we would buy in bulk here
This proposal suggests that Nouns DAO takes on the risk of distribution by fronting the purchase of the comics upfront. ComicsDAO is doing the distribution, but this proposal is about getting books to people who aren't connecting with comic stores. Nouns DAO would act as a fulfillment channel for the members, in addition to the comic stores. The amount of comics to be purchased is based on current print levels for similar products and the community size. Once the books are printed, there won't be an opportunity to print more. The DAO would get reimbursed for the entire sale when it happens, with no fees to be netted out.
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If the proposal was to not execute, what happens to the comic? I guess I'm not following this part: the stores aren’t really going to order (as they place their orders non-returnable)--do the stores fully refund making the comic not possible to purchase?
If the proposal does not execute, all orders placed through comic stores will still be executed. The mention of non-returnable orders is to note that stores aren't going to order extra copies. So, if two people call into a store and say they'd like to pre-order the book, the store will place 2-3 orders. The proposal is meant to ensure there's stock available for the community, in addition to the comic stores.
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I hope it works out but the history of any NFT project breaking through to IRL is limited. Spending $150k on the books (on top of the $200k previously) when, with a little bit of thought, I am sure this risk can be mitigated in the case that they dont sell I think would be prudent....--Its not even about the cost as much as its about the throught and decison making process. --Would anyone here put up half the amount with their own $ if they were guarantteed to get the $ paid back first before the DAO. Even for the first 2 episodes? It seems that there is not as much interest through tradional channels as we hoped so we now hope that we will get sales through this new method of selling through the DAO? What waters are we testing here?--If, as 4156 says in his vote reasons, we give these away at comiccon - I would see that as a failure and im not sure why we would even put ourselves in a position where that is a possibility....what have we shown if this is the case? If we want to appeal to people outside of nouns the focus should be on selling these to people outside of nouns completely and not through the DAO imo. Creating a product to sell to ourselves is not the way. --How many unique/active nouns or subdao nouns holders are there and then how many of those are comic book readers... and then how many of those will buy this comic through the DAO because they cant through traditional means? If this passes I hope I am super super wrong...but the number cant be that big?
If the Nouns community doesn't want a product, it shouldn't be made. The project aims to build out the Nouns ecosystem and engage the community. The DAO will have a better opportunity to connect to the Nouns audience that will want things. The success of the project depends on the community's interest and support.
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Is there any price break for printing in bulk, or is $5 per copy the bulk price? Someone in the last nouner call brought this up. The proposal is looking to print 30,000 comics there's not a lower rate for 30,000 comics? How many issues are done, all 6?
There is a price break for bulk printing, but only if you are going to package, sell, fulfill, etc. on your own. The cost isn't reduced for bulk because the infrastructure for packaging, selling, and fulfilling is being offered to the DAO. Two issues of the comic have been completed, and issue #1 is currently being sold to comic book stores.
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Is there a website for ComicsDAO?
There is not a specific website for ComicsDAO, but you can find information about them on their Twitter page: https://twitter.com/ComicsDAO. They also have a website where they are selling NFTs connected to the physical books, but it doesn't contain much information.
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is this the same comic as this? https://houseofnouns.wtf/proposals/116
No, the comic mentioned in the question is not the same as the one in the proposal link provided. The conversation discusses the pricing and distribution of the comics, but it does not directly address the question of whether they are the same comic.
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It is probably too late to do anything but have you guys considered doing a special one shot edition as a free comic book day giveaway, these are extremely popular and a great way to have the NOUNS be widely discovered at no cost to the potantial fans . The free books are all displayed in highly visible spots in the shops and people very often just take one to check it out. Many new books and indie comics get their start this way. may be worth a shot as you do the rest of the issues?
They spoke to Diamond about Free Comic Book Day, but they didn't have a desire to do something with the Nouns at that time. However, they are looking into potentially doing a giveaway for San Diego, but they need to sort out costs for that.
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It seems like way too many for the dao to pre pay for in advance without any indication of demand at all…has there been any indication from stores or online thst there is this level of demand?
The amount of comics is based on two factors: 1) current print levels for products with a level of similarity, and 2) the community size. The team has been connecting with retailers to gauge initial orders and believes there will be less ordered than demand. The Nouns community should also be serviced for the project, not just comic readers. The DAO would get reimbursed for the entire sale when it happens, so all $5 USD, with no additional fees to net.
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Looking at the original proposal it says An initial 6-issue series would be commissioned for a total of $210,000 USD, paid for by selling 7,000 copies of each issue Where are you all with this?
Two issues of the comic have been completed, and issue #1 is currently being sold to comic book stores. Orders will be received at the end of February, and the book is set to print in the first week of March. When the issues are printed, they will be offered to the DAO as well.
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So I can buy for $3.5 or $3.99 from retailers, but Nouns has to front $5 per an issue for a 30k run at wholesale?
The reason for the higher cost per issue for Nouns DAO is that the DAO is not set up to store, fulfill, ship, or process orders, which would have to be done for them. Individuals within the DAO can order wholesale and then figure out how to offer it themselves. The 7,000 copies of each issue going to the DAO will be placed in storage until the DAO decides where to send them.
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so if I understand correctly, the DAO takes on the risk of buying an allocation of comics ahead of time, for the convenience of UX for users who are not used to dealing with comic stores and can just order directly through e-mail with trusted parties? (Not saying this is bad or good! just trying to understand)
The DAO takes on the risk of buying an allocation of comics ahead of time, mainly because once the book is printed, there won't be an opportunity to print more. It's not strictly limited, but more limited by circumstances. The proposal aims to act as a fulfillment channel for the members, in addition to the comic stores. The DAO would get reimbursed for the entire sale when it happens, so all $5 USD. Any fees to run things were taken into account for the initial sale, to ensure there wouldn’t be any hardcore maths for it. $5 out, $5 in, so there wouldn’t be anything to net.
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So we already have 7k copies of each? And this Proposal is for 5k additional?
Yes, there are already 7k copies of each issue, and this proposal is for an additional 5k copies. The 7k copies are physical copies, and it is currently unclear what the DAO plans to do with them.
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The store UX is indeed awful. Figuring out how to get my copies was a shitshow. but to my understanding, you can mint a pass from the ComicsDAO and get a digital+physical print?
Yes, you can mint a pass from the ComicsDAO and get a digital and physical print. The NFT experience is not meant to replace the physical but is more of a test.
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This is for those that aren’t getting their books through the comics store. So perhaps instead of calling it distribution, maybe secondary sales?
The proposal suggests that Nouns DAO takes on the risk of buying an allocation of comics ahead of time for the convenience of UX for users who are not used to dealing with comic stores and can just order directly through email with trusted parties. The size of the print run will be determined by aggregate demand at the end of February. The DAO will be reimbursed as people buy the comics pre-ordered here. The proposal does not provide a clear answer on whether there is a price break for printing in bulk or the number of issues completed.
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Unsure what their costs involved are, so don’t really know the feasibility just yet! We’ve got time to put it together. An issue we’ve had in discussing this is : What are we promoting at San Diego? The six issue comic will have had all its orders in, so any further promotion there won’t make much sense. We’ll need to focus on the Trade, and figure out how to pivot from the comic to the trade! Figuring out the logistics, though, and going from there
The goal is to have the 7K copies of each issue gone prior to San Diego happening. The DAO will have 42k of them, and if needed as something to promote, it's pretty easy to pass a Proposal for that or just pivot to the trade.
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What number would you have suggested? This prop was definitely passed around, and attempted to refine it as much as possible. Definitely seeing the issues people have with it, and it’s good to know! The more info the better, should others attempt to do projects like this in the future
The quantity of 5,000 copies per issue was settled on because it puts it in line with lower selling books. The decision was made by Defaulteduser#2001.
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Why isn't this Proposal just alloting some of the 7k the DAO already owns of each issue (35k comics owned by the DAO already) to be available for online fulfillment? Did the people you socialized this with even know this or understand this dynamic?
Some of the 7,000 copies of each issue owned by the DAO can be allotted to selling, but that decision is up to the DAO and its members. It would require someone to suggest it, create a proposal to explain the selling process, and then have the DAO vote on it. There are also others who wish to give the comics away, so there can be a discussion based on that.
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will there be a dedicated nouns section at the Titan booth? Capturing attention for a new non hero IP in those isles is extremely difficult, If you need anything let me know. We should have our stuff in a few key places at the show.
There isn't a clear answer regarding a dedicated Nouns section at the Titan booth. The setup will depend on what they end up wanting to do, and they are currently compiling a list of things. By the time San Diego Comic-Con rolls around, they will know the impact of the comic itself.
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Yeah I think almost no one understands this Proposal and the timing is tight, the funds will barely disburse by the end of February.--1) What efforts have been made to market these comics to date? I am not sure if it was implicit as part of the original Proposal that there'd be efforts to sell the thousands of comics issued and cultivate demand, but it should have been. We killed the 2nd stage of Kilm's Toy Proposal in part b/c a Nounder said Why are we making 10,000 of these, they are going to be sitting in a warehouse. https://nouns.wtf/vote/141 And yet somehow 10k Composable Nounish figures were going to be all-in cheaper than 5k*6 Comics, so it just feels like something is way off.-2) How do we know what the demand actually is for Nounish comics? Has your team been taking estimates of orders or potential orders that would go your way?-3) The DAO get reimbursed as people buy the Comics pre-ordered here, great. How does that process work and what fees get netted out from any revenue before that happens?-4) Additionally, ‘Nouns: Nountown’ will be presented at Comicon San Diego and New York. These are the two largest events in comics, and we will bring copies of ‘Nouns: Nountown’ for the artist to sign at the convention, as well as copies to sell at the convention. -- Do we need to approve this 30k comic pre-buy to participate in those Comicons? What will the available issues for the conferences look like otherwise?
1) Efforts to market the comics include coverage in Web2 and Web3 news spaces, as well as presenting the Nouns comic at the retailer summit in early January for Comic Book Stores.-2) The team has been connecting with retailers to gauge initial orders, and the amount is based on current print levels for similar products and the community size.-3) The DAO would get reimbursed for the entire sale when it happens, with $5 out and $5 in, so there wouldn't be anything to net.-4) The team will be presenting at San Diego and New York Comicons regardless of the 30k comic pre-buy. However, if there's no product to display, the setup will be different.
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The first Issue cover is here, what Nouns do you miss there and would you really like to have in the next one? https://twitter.com/ComicsDAO/status/1575285888980029440/photo/1
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Have you been a part of any of the spaces that I’ve been at, to discuss this prop? Happy to give you a date and time of the next, and we can discuss it further. It seems there’s a disconnect here, and would have no issues getting to the bottom of it
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My no Vote--The original proposal was off (it happens and I have sympathy) and paying to pre-buy a run if needed should have been contemplated then. Mistakes happen, I have compassion for that. But if we knew we had to buy 30k comics for $150k then, it's possible the DAO would have voted differently given this would have increased the all-in cost by 50%.--As is, the evidence that there is demand for 30k comics isn't easily observable. Why 5k and not 2k per issue? After the original proposal was off, need more clarity and confidence to double down and buy our own comic. Nounders voted No to a 10k toy run for Nounish Friends with unique composable figures by Klim and the rationale was that these would sit in a warehouse and that was cheaper than the comics proposal all-in. How is there 3x demand for this at a higher cost to the DAO?--At $5/comic, that feels like we are paying retail prices for a wholesale relationship. The explanation provided doesn't square for me. We are bearing the full risk with no upside. There are live sites right now to buy these comics $3.5-4 at retail. It's a discrepancy that stands out.--If this is needed to be effective at Comicon(s) or to issue well, it should have been brought to the DAO before the last minute end of their February deadline. Being rushed is suboptimal.--I was a Yes vote until reconsidering now based on leadership that unpersuaded me based on its value destructive approach and made me dig in more. We're all in this together continues to be my operating principle.--People who believe in this should go our right now and pre-order it like I have, it's cheaper per an issue and more organic. The work is great.--https://impulsecreations.com/products/nouns-nountown-1-of-6-cvr-a-schlitz?_pos=1&_sid=22db16c66&_ss=r--I'd append that if I had known that the DAO already had 42k comics in a warehouse, everything above would be moot and it'd be a no question No.
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Traditionally yes, BUT most projects do not have a machine behind them. NounsDAO is a machine, that is looking to educate and interest more people regarding Nouns as times go on. Will new people find Nouns every month? That’s our audience, and who we want to plan for. We will also absolutely work on the graphic novel, attempt to keep it in stock, which is your below point. Finding a series many issues in means that we often get the trade (because we cannot pick up the comics). NounsDAO lives in a collector ecosystem, so we’re trying to take care of them even more.
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210,000
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175
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175
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0
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3
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The proposal is for a monthly Nouns comic series for nationwide distribution, led by DefaultedUser, a 25-year veteran of comics publishing. The initial 6-issue serie s would cost $210,000 USD, funded by selling 7,000 copies of each issue to NounsDAO.
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8
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