Proposal 263 (Q336)
From Nouns Dev
A Nouns proposal.
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Proposal 263 |
A Nouns proposal. |
Statements
Achieving a top-three position in CSGO is a formidable accomplishment in the challenging world of eSports. Its quite remarkable to see the level of success this organization has attained - its an incredible story for Nouns to be part of. Now that theyve achieved this level of success, exciting possibilities arise for the organization to become self-sustaining in the long term. Given that the first prop where net positive return to the treasury, Im excited to see what unfolds next. - @mrrobbo
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just watched nouns vs TL, you should do the same. link: https://www.youtube.com/watch?v=eYDPBHrpiyA cant wait to see what this team will bring to this ecosystem. ⌐◨-◨
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I was on the fence about this prop. It is nothing short of incredible what the Nouns esports team has achieved and I look forward to following their future successes. In the proposal, I would have liked to have seen more detail on other potential revenue streams, sponsorship targets, and goals. I was able to find these answers in the Discord channel. Good luck team! ⌐◧-◧
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Nouns Esports is, in my opinion, one of the most successful things Nouns has funded. They are building enthusiastic, authentic audiences in a space traditionally hostile to anything crypto related. They are winning over a difficult crowd on top of winning games and tournaments. Choosing DOTA was smart, and Ive seen the noggle decals and flags in countless clips now. It feels like the players are making a name for themselves in the leagues, getting press, building their own following. And it all ties back to Nouns DAO in a way that feels genuine. I trust the Nouns Esports crew and want to see them continue their work. I also feel like their compensation asks are reasonable, and that theyre negotiating fair deals with everyone involved. My one request is for more high quality video content celebrating the players and Nouns. More highlight reels, more tournament winning celebrations, more player AMAs, more videos of people spamming noggles in the chat, more videos of players getting carried out with the crowd chanting their name. You are creating these iconic moments and I want to see them documented and celebrated. ⌐[g]-[g]
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Nouns Esports: Very Ugly ⌐◨-◨
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Cultivating subculture to populate the front page ⌐◨-◨
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The Nouns esports team presents the opportunity to embrace professional sports as any society would, promoting shared fandom and unity. This top-ranking, homegrown team consists of world-class players and adheres to open and transparent practices, distinguishing them from conventional norms in the sport. This strategy has already demonstrated success in fostering proliferation and bridging the gap between the gaming and Ethereum communities.
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I’m still not a massive fan of NFTs but the fact that Nouns are using them to fulfill projects with transparent governance instead of just running inside trading and pump-and-dump schemes is a nice change of pace. I saw this tweet today re: Nouns E-sports and it to me is a pretty compelling argument for voting yes. The E-sports pod has successfully expanded Nouns into a totally new, unrelated to crypto, scene, and done a great job of sharing with those people what crypto has to offer beyond just speculation. Weve seen enough so far to justify continuing to fund this experiment - though, would certain love to see the group showcase alternative funding models and a path towards self-sustaining outside of onchain proposals.
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Fund sub-communities that have proven they do great work. Let them cook!
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Reasons given in my newsletter: https://paragraph.xyz/@thebower/active-governance-noun-582-6
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while this is a large ask, nouns esports has executed at a high level making a major impact in the gaming community in a short period of time. im optimistic that well be able to find additional on-brand sponsors to help subsidize the ongoing costs of running the team ahead of future proposals
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The esports crew are continually smashing it. ⌐◨-◨
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Voting on behalf of Goldy
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22
nouns esports ftw. personally know many nouners that were nouns-pilled through nouns esports. esports is a sub culture that we have a lot of room to run in and Im excited to see how far this can grow. also love that this squad achieved so much with a tight budget so far. rooting for our nouns esports teams! make us proud!
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Esports provides more sticky engagement than one off type props. It is always a great idea to fund communities that are highly native to meme culture and have considerable market size.
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Appreciate the detailed breakdown here of how the team has delivered. I think we should double down on our winners and Nouns Esports seems like its winning!
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nom nom esports ⌐◨-◨
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While I have to out myself as not-an-esports-guy, taking a look at the narrative around Nouns Esports shows that this team is creating a lot of goodwill for Nouns (and web3!) in one of the areas most hostile to crypto: Gaming. Nouns Esports focus on transparency and equity through the use of DAO mechanics is helping to shift perceptions and debunk myths about web3 in a community that could greatly benefit from its adoption. Its truly inspiring to see projects like this paving the way for a more inclusive and innovative future. This is an easy for vote and I look forward to seeing what comes from this project in the years to come.
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**FOR - 43 VOTES** **Benbodhi** | *This crew just keep crushing.* ⌐◨-◨ **byhardy** | *Huge momentum in a vertical that continues to expand, and is tangential to Nouns (tech). Big supporter of esports pod.* **Josep** | *I like the integration and I think it’s a good way to proliferate the meme* **AGAINST - 9 VOTES** **Classic_Craig** | *expensive for niche* **EltonPenguin** | *Waaaay too much money for uncertain benefits*
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On the fence for this, but voting yes. The primary reason Im in favor is because the initiative has been very successful so far and I dont feel it would be appropriate to rug. However, 750k a year is not sustainable, and I dont think we need to have a footprint this large in esports. I plan to vote no on any future asks above 250k (preferable in the 150k range), with the hope that the team can be subsidized by additional sponsors to make up the difference.
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39
Theres not enough yet to commit to spending $800k/yr just to sponsor the 2 teams on top of other esports spend. The strategy and the demonstration of the strategy such that it is different than vanilla sponsorship relationships like what FTX or Avalanche have (that end when the sponsors stop paying) or such that Nouns.gg is a sustainable organization that participates in the growth and performance of its teams in a differentiated way that is workable for a DAO. If theres co-sponsorship opportunities or low hanging fruit, I want to see those realized before committing $800k/yr. Its been almost 9 months and the challenge is to manifest a strategy that clearly supports this spend. Its a real challenge and the DAO has to consider that there may not be a way to do this that returns to the DAO -- this does not seem to as of yet for example. The people in the Nouns esports pod are running it well and are highly functional. They are people I respect and trust uniformly. The issue I have is strategy and spend.
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- the dao has already spent 555ETH on these e sports initiatives. That is over $1M. This feels like it will be a never ending ask on the treasury. I cant confidently say this has driven over $1M of marketing/goodwill/nounish/buying. - this one is now for for another seven hundred and ninety five thousand united states dollars - I like e sports but I dont feel like nouns needs to basically own and pay for the entire team - IMO owning a team means getting income from the team (ticket sales, prize winnings, etc.) - We are paying for wellness coaches and regular coaches and more - I want this to exist in a form where nouns is the lead sponsor of a team for like $100k per year and the team goes and gets other smaller sponsors to cover all their costs
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190
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Nouns Esports - CS:GO and Dota2 Rosters 2023
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99
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1 April 2023
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263
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Nouns esports
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110
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1 April 2023
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Imagine a world where voting does not exist. In this world, we would have no need for rules or principles. But in our world, voting is a reality. So we have a simple rule: we only vote against. We use a “Squad Vote” for each proposal. If more people vote against than vote for or abstain, we vote against on-chain. Otherwise, we abstain. This is our rule. According to the “squad vote” result for proposal 263, which is 13 for, 14 against and 19 abstain, we choose to vote abstain.The viewpoints of our different members are as follows (source not listed): Proposal 263 has presented us with a conundrum, making it difficult for us to render judgment. The Nouns Protector has just been established, and it may take approximately six months for clarifying our principles. We will briefly summarize the debates from our meeting: Nouns Esports has accomplished laudable outcomes, genuinely creating a stable organization to underpin esports teams operations. This initial step is laden with myriad challenges that remain beyond our imagine. And, they have admirably maintained fiscal transparency throughout the process. Despite their successes, the community has voiced concerns about the long-term viability of Nouns Esports as a business. Should Nouns Esports evolve into an entity that perpetually depletes NounsDAOs cash flow, depending on ceaseless transfusions from NounsDAO for sustenance, this model would not be sustainable for NounsDAO in the long run. Furthermore, NounsDAO ought to concentrate on cultivating a more diverse and populous community. Some members posit that: Nouns should channel resources into domains where it possesses an unambiguous competitive edge. Esports is not a realm where NounsDAO holds a competitive advantage. The Matthew effect is conspicuous within esports events, with elite teams monopolizing the lions share of attention and securing funding that far exceeds $800,000. This sector is fiercely competitive. Nouns Esports cannot amass a competitive cache of funds, which means they cannot engage top-tier players nor establish a premier support infrastructure. Consequently, they will only gain exposure in regional championships and open tournaments (as evidenced by their historical performance), unable to penetrate truly valuable core events. What merit is there in allocating excessive funds to a sphere where NounsDAO can only assume a secondary
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Agree with Noun12 but less conviction: Theres not enough yet to commit to spending $800k/yr just to sponsor the 2 teams on top of other esports spend. The strategy and the demonstration of the strategy such that it is different than vanilla sponsorship relationships like what FTX or Avalanche have (that end when the sponsors stop paying) or such that Nouns.gg is a sustainable organization that participates in the growth and performance of its teams in a differentiated way that is workable for a DAO. If theres co-sponsorship opportunities or low hanging fruit, I want to see those realized before committing $800k/yr. Its been almost 9 months and the challenge is to manifest a strategy that clearly supports this spend. Its a real challenge and the DAO has to consider that there may not be a way to do this that returns to the DAO -- this does not seem to as of yet for example. The people in the Nouns esports pod are running it well and are highly functional. They are people I respect and trust uniformly. The issue I have is strategy and spend.
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795,000
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795,000
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577.35
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10
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1
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577.35
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Nouns Esports aims to become a top-tier esports brand by consistently supporting its professional teams. The organization has a global audience with over 100,000 regular viewers and 250,000+ hours watched of esports competitions. It has effectively managed its budget, attracting partnerships and achieving impressive performances from its teams.
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1
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**1. Do you have any information about how much other teams are sponsored for? By who and what they get in return? Some comparable data**--Yes! I have some comparable data on how much other esports teams are sponsored for and what they receive in return. Let's start with Dota as an example. Our team is currently ranked 3rd out of the 16 teams that compete in the Pro Circuit in North America, and we are proposing to pay our players up to $4000 per month.--In comparison, the two teams ranked above us in Dota are Shopify Rebellion and TSM. Shopify Rebellion players, historically one of the most dominant NA teams, are making around $20,000 per month. TSM brought in a new squad consisting of international players from regions across the world and receive between $5000 to $7000 per month.--In South America, the top two teams that we've competed against historically receive $9000 and $12,000 per month, respectively.--In the CS:GO vertical, our players are also receiving up to $4000 per month. The most dominant teams in North America are Team Liquid and Evil Geniuses. Team Liquid is one of the best teams internationally and has a long history in esports. While every player on their team likely makes six figures of salary, star players on independent contracts likely earn upwards of $20-30k per month. Generally speaking all the top teams are making six-figures of salary.--Evil Geniuses is running a unique program in CS:GO with a main roster and two training squads, White and Black. Their training rosters earn $5000 per month, while their main roster likely earns double that.--In both game verticals we believe we've identified and are working with teams that fit in a sweet spot of skill, player notoriety, and cost.--So what do these esports orgs get in return? Attention. They are brands that sell content and association with their content. In Shopify Rebellion's case, they have no additional sponsors, but in the case of teams like Team Liquid and Evil Geniuses, esports native brands, they have a sleeve full of sponsors who pay to be a part of the team's journey.
Other esports teams are sponsored for varying amounts depending on their ranking and performance. For example, in Dota, Shopify Rebellion players make around $20,000 per month, while TSM players receive between $5,000 to $7,000 per month. In the CS:GO vertical, top teams like Team Liquid have players making six-figure salaries, with star players earning upwards of $20-30k per month. Evil Geniuses' main roster likely earns double the $5,000 per month that their training rosters receive.--In return for sponsorship, esports organizations gain attention and brand recognition. They sell content and association with their content, attracting both endemic and non-endemic sponsors who pay to be part of the team's journey.
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**2. Do we have any data points on the benefits brought to nouns from the endeavours done so far with funding already received? For example …How many new nouners has the esports pod onboarded? Who are they? Traffic driven to nouns.wtf? For example**--Regarding the benefits brought to Nouns from our esports endeavors with the funding already received. We have clearly established ourselves in the realm of esports, and now receive regular press about our efforts. Nouners often join for a mixture of different activities across Nouns, but I want to say that in some part we have moved the needle on the overall decision people make when they join, especially if they're a gamer, which I know we have quite a few of in the DAO at this point. Some of my favorite Nouner joins, in which I think we can clearly take credit, are Jason and Brian from Patron, who joined after and in part due to hearing about our esports efforts & Dota team. Both of them provided testimonials that we included in our last proposal, 119 https://i.imgur.com/nnp2pBk.png
The benefits brought to Nouns from the esports endeavors with the funding already received include establishing the Nouns brand in the esports realm, receiving regular press about their efforts, and attracting new members to the DAO. While it's difficult to quantify the exact number of new Nouners onboarded due to the esports pod, the proposal has contributed a net ETH gain to the treasury. The esports proposal aims to create a lasting brand with a lasting impact, reaching out to millions of gamers and creating an evergreen impact. However, some members have expressed concerns about the long-term ROI and the sustainability of the project.
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Hey - --1. Do you have any information about how much other teams are sponsored for? By who and what they get in return? Some comparable data--2. Do we have any data points on the benefits brought to nouns from the endeavours done so far with funding already received? For example …How many new nouners has the esports pod onboarded? Who are they? Traffic driven to nouns.wtf? For example
1. Other esports teams are sponsored for varying amounts depending on their ranking and performance. For example, Shopify Rebellion players make around $20,000 per month, while TSM players receive between $5,000 to $7,000 per month. Sponsors include companies like Shopify, GEICO, Avalanche, and Jersey Mike's.--2. The benefits brought to Nouns from the esports endeavors include establishing a presence in the esports realm, receiving regular press coverage, and attracting new members to the DAO. Some notable new members include Jason and Brian from Patron, who joined after hearing about the esports efforts and Dota team. While it's difficult to quantify the exact impact on traffic to nouns.wtf, the esports proposals have helped move the needle on more casual gaming fans committing to joining Nouns.
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Hey willprice, thank you for sharing your candid thoughts here. I appreciate your perspective on the conversion impact of this proposal. While it's true that two people buying nouns doesn't move the needle long term, I'll point out that it DID make our first proposal contribute net ETH gain to the treasury. Additionally, I think it's true that our esports proposals have helped move the needle on more casual gaming fans committing to joining Nouns. I understand and agree with your point that we need to consider the long-term impact on the DAO, and that is exactly why I'm so supportive of this initiative.--Let's take Prop 245 as an example since it's something we both support. This proposal is the pilot of a longer ambition to make a Nouns movie and have Nouns become a prevalent publisher of quality media. It creates the opportunity for Nouns to be in front of millions of viewers, and while the net bid from Nouners who join due to the film in the first year of publication might not outpace the cost of this film, we know that the long-term impact of having a successful movie published by the DAO, spreading our art and culture, will be immense over the years.--Similarly, our esports proposal offers the opportunity to build a brand with lasting impact. Creating a lasting esports organization that aligns with Nounish values and extends our culture to a wider audience is a significant step in this direction. Esports teams can establish themselves as legacy brands, with powerful audiences that can meaningfully monetize and empower their organizations through fandom. --Our esports proposal offers an innovative experience for gamers to participate in the decision-making of an esports org. There are no other esports teams where you can join and have a seat at the table in a transparent ecosystem, and Nouns is reimagining how the industry should operate. Less than one year in esports is a flash in the pan team, not yet worthy of the following of an esports fan who's been supporting their game for a decade+. We need to show our commitment to the community for them to truly take notice. This is how we convert this very hardcore and dedicated audience.--The way I view it, Nouns is already a team. What drives the fandom? The culture. When we extend this culture to esports, it's radically different from what most of the community has experienced, and many have found it immed
The esports proposal aims to build a lasting brand with a significant impact by creating a unique experience for gamers to participate in the decision-making of an esports organization. This can help attract new members who align with Nouns' values and expand the community. The proposal also offers opportunities for brand awareness, targeted marketing, community engagement, and partnership opportunities. However, concerns have been raised about the sustainability and return on investment of the proposal, as well as the need for a clearer strategy to harness the attention and funnel it into the DAO effectively.
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I have a few questions: --1) There is revenue to be generated from merchandise sales… will any of that ever be split with the DAO?--2) The teams compete in multiple competitions earning thousands and thousands of dollars during the season, will any of that ever be split with the DAO?--3) is this project ever going to be self sustaining?
1) The revenue generated from merchandise sales will be reinvested into producing larger merch quantities for the foreseeable future. If the merch strategy is sustainable and profitable, the team would have no problem providing kickback to Nouns.--2) For the current season, the DAO did not request any cut of the tournament winnings from the CS:GO and Dota Rosters. This decision was made to reduce the overall cost of the proposal and due to legal and tax reasons. In the future, a small revenue share might be considered.--3) The project aims to be self-sustaining by creating bid demand for Nouns, achieving partnerships or creating opportunities worth significant revenue, and attracting sponsors that are culturally aligned with Nouns. The team believes that subcommunity efforts, like Esports and Gnars, are the future of onboarding as top-of-funnel tools for Nouns.
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Re: brand awareness. What is that worth and what does that mean? If you are spending $10k on something amorphous, ok, get wild. If you're spending $800k on brand awareness for 1 year, it should be tighter and clearer that it's impactful.--Re: partnership opportunities. This seems like opportunities to spend money with another organization for more advertising?--Re: Overall, sponsoring an esports team can provide a DAO with a valuable opportunity to connect with a highly engaged and passionate community, increase brand awareness, and potentially drive adoption and usage of their products and services.--Is this worth $Xmm/yr? The relationship ends when we stop paying money to teams to sponsor them or we stop sponsoring events. How do we capture the attention in a way that justifies that spend per year? What does that look like? If our esports organization was stood up and had inflows of its own that were material, that's a different story, then an organization that is radical is being created, one that presumably would have to share in the wins of its rosters financially and continually participates in their growth and ours brand's growth and reach and reputation. But it's clear that won't happen anytime soon and maybe can't happen and also it was alluded to that that would somehow make this cost more. So right now, Nouns DAO pays money and the moment it stops, there's not an organization. $800k/yr from this Prop plus the amounts spent to stand up the pod, that's a substantial amount of money relative to our inflows for something that right now stops when we stop spending. That makes it unlike most things -- this is advertising, a lot of it, until its effectively harnessed and funneled into the DAO in ways that haven't happened yet.
Sponsoring an esports team can provide a DAO with a valuable opportunity to connect with a highly engaged and passionate community, increase brand awareness, and potentially drive adoption and usage of their products and services. By sponsoring an esports team, the DAO can reach a highly engaged and targeted audience. Additionally, sponsoring an esports team can lead to partnership opportunities with other companies and organizations within the esports ecosystem. However, it is important to consider the sustainability of the pod and the balance between the amount of spend and the value brought to the DAO.
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Thank you for the questions!--**1)** -We consider funds delegated to the Pod to still inherently belong to Nouns. We're responsible for delegation and execution of use. For our first merch drop, we're working with a streetwear-esque supplier https://mf9.store/ to provide quality merch. We regularly receive comments asking for merch, and we expect our first release to sell out quickly. We'll also have our jerseys available for sale via print on demand. As merch production funds have been converted to fiat, and we will be receiving revenue back in fiat, we plan to reinvest all revenue back into producing larger merch quantities for the foreseeable future. Inevitably, we would have no problem providing kickback to Nouns if our merch strategy is sustainable and profitable.--**2)** -As part of our negotiations with both our CS:GO and Dota Rosters, we did not request any cut of their tournament winnings for this proposal. We made this decision for several reasons. Primarily, it allowed us to significantly reduce the overall cost of the proposal. Additionally, there is some degree of friction with bringing funds back to the DAO due to legal and tax reasons. Furthermore, we believe that taking a significant revenue share from the players is not ideal, given our transparent model. Top teams typically do not take more than 10% (if any) of tournament winnings, and this is seen more as a way to create value-alignment rather than a major revenue driver for orgs. While we would consider a small revenue share back to Nouns in future deals with teams, for our younger organization, we decided to opt out of this arrangement for the current season.--**3) ** -I look at sustainability in a few ways in the context of the unique intermingling of Nouns and Esports...--Is our project creating bid demand for Nouns? Albeit unclear to quantify, historically, we've already done that and have been attributed for doing so (see my response to Hindsight above).--Can we achieve partnerships or create opportunities worth significant revenue? One of the tournaments we are participating in this coming month will have organization rewards up to $100,000. This is based on social and performance metrics. If our team qualifies for the next stage of the circuit, that team incentive will 3x, up to $300,000. As we continue to cement ourselves as an established brand (many top orgs are decades old whil
1) Funds delegated to the Pod are considered to belong to Nouns, and revenue generated from merchandise sales will be reinvested into producing larger merch quantities for the foreseeable future. The team is open to providing kickback to Nouns if the merch strategy is sustainable and profitable.--2) The current proposal does not request any cut of the tournament winnings for the CS:GO and Dota Rosters. This decision was made to reduce the overall cost of the proposal and due to legal and tax reasons. Taking a significant revenue share from the players is not ideal, given the transparent model. Top teams typically do not take more than 10% of tournament winnings, and this is seen more as a way to create value-alignment rather than a major revenue driver for orgs.--3) The project's sustainability is considered in several ways, such as creating bid demand for Nouns, achieving partnerships or creating opportunities worth significant revenue, and exploring potential sponsorships. The team believes that as they continue to establish themselves as an established brand, partnership inflow will increase, and they are pursuing and exploring potential sponsors that are culturally aligned with Nouns.
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And by a way I mean a strategy or small grant allocation to test for a month? We have a shop full of goodies at nounworks.wtf so can ship pins and thing fairly effortlessly
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Anyone else watching the Nouns dota stream?
Yes, other users were watching the Nouns dota stream. Some of them shared links to the stream and discussed the matches and results.
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Are you looking for something specific? If a nouns esports team does poorly is that considered a bad proposal outcome? --I think we could summarize in terms of the growth of our discord (super engaged fans) the new opportunities coming from relationships with builders and eSports contributers. Also the outcome of bringing in multiple new Nouners on the fact we had esports sponsorships. In terms of data, we could go back and collect all the viewership numbers for every game and summarize the exposure that way?
In the conversation, brennen.eth asks if a poor performance by a Nouns esports team would be considered a bad proposal outcome. While there isn't a direct answer to this specific question, the conversation does highlight the various successes and positive outcomes of the esports efforts. The community seems to be focused on the growth of the Discord, new opportunities, and the exposure gained through esports sponsorships. Seneca suggests creating a simple summary for people to refer back to when reviewing proposals, which could help in understanding the overall impact of the esports efforts.
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Awesome design! Let's DM, I would be happy to get them out to gamers when we send out player packages (also featuring wonderful Noggles by <@128249158657114112> <:nounish:928914188875759616> )
T-shirt sizes are needed for the esports team to receive the experimental t-shirts made by fiveoceans_dev#5450.
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Check out this video featuring the teams competing, Nouns is mentioned at 1:20 (and declared as perhaps the best team in the world going into this competition <:woooooow:760469483374247937> )-https://twitter.com/UniteEsports/status/1560219963629215744
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Did Nouns Pokemon team just win the first match of grand finals ? 😮
Yes, the Nouns Pokemon team just won the first match of grand finals.
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Hi, it was so cool to watch the game yesterday! I think proliferating nouns among gamers community is awesome idea. Is there anything we can do to help the team? Do they have a trainer? Maybe, we can find someone to have a training session with them before Singapore?
The team has a coach that they've been working with since the start of the DPC season, and they want to give them ideal conditions to perform well during the final qualifier. The players will be traveling home from their bootcamp and then regrouping to discuss strategy for Singapore.
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love seeing a web3 native brand get embraced by actual gamers--im new here so apologies if this has been brought up -- but have we considered creating esports/gamer noggles (bluelight filtering lens like gunnars) and having our athletes / streamers wear them? --feels like it would be on-brand and good way to proliferate the nouns meme on streams
Yes, the idea of creating esports/gamer noggles (bluelight filtering lens like gunnars) and having athletes/streamers wear them has been brought up by brian cho#3790. Sasquatch#0127 responded positively to the idea, stating that it has not been previously discussed and they would love to see it.
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Maty can we figure out a way to send a pin or stickers or when we have them Noggles and mini figs? To all who take time out to make something for us? We made tons of Dota toys before and those communities are rabidly engaged and LOVE merch. Open to discuss.
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rip * nouns is the name of their esports sponsor, it's an NFT app* 😄
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Should we go ahead and move some channels around in the nouns esports discord and start getting all that setup?
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To me personally? That’d be swell so I can talk in nouner general haha
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Why Noun tag instead of Nouns? character limitation?
The Noun tag was used instead of Nouns due to character limitations. They struggled to fit names in, and the preference would have been Noun**s**.
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