Proposal 204 (Q3637)
From Nouns Dev
A Nouns proposal.
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Proposal 204 |
A Nouns proposal. |
Statements
9 January 2023
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Atomic0
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Enabling a zero-fee NFT to NFT exchange for Nouns and beyond
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dont think theres not enough demand for this yet but I like the team and hope we can see them in the future for another prop
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This prop will be a better fit when the holder base grows and I hope the team resubmits in the future.
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Robert and atomic trade team are legit and I appreciate this proposal for thinking of ways the two could work together. However, I do not think this sort of idea would be bring enough value back to the dao for the ask
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not enough demand for nouns OTC atm, sudoswap works great and I anticipate anyone in the near future looking to buy OTC will already be connecting with the community on twitter or discord
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Respect the builders, but not enough value for Nouns. We need more value for Nouns + wilder props
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Voting against as I do not see a big need for this product and cant imagine using it myself. Appreciate the time writing the proposal and wish the team well!
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**Nouncil Vote:** 20 Yes, 33 No, 5 Abstain 4 Nouncillors abstained from the decision **NO WINS** --- **Vote Reasons & Discussion** --- **wiz** | *if were going to be funding tech I think it should be entirely oss and public infrastructure* **Classic_Craig** | *i really like the idea of being able to swap Nounish derivatives throughout the nouniverse in an easy manner. In terms of custom dev, 29 ETH is also very fair for this type of work. I look forward to being able to swap nounish nfts to engage in more nouns communities!* **pin.pusher** | *I dont think there would be a huge demand for this. From looking over the activity on a few secondary markets over the last 6 months, there has only been 27 sales total between OS, LooksRare, and X2Y2. Most Nouns holders seem to be more interested in building within the community, utilizing their governance voting, or delegating their Noun(s) to another community member who is interested in doing either of those tasks* **Josep** | *I dont think Nouns is a collection that has a lot of secondary sales activity, they are +30ETH NFTs and ,therefore, I doubt the transaction gas is relevant.* **byhardy** | *Not a big enough demand for this.* **Brook** | *I don’t see this being important enough to fund.* **RyanMac ⌐◨-◨** | *atomic0.com is awesome & makes trading/swapping super easy* **0xDariush** | *nouns are not for flippers in general, i dont believe owners care about fees! maybe in 5 years with more nouns in the ecosystem they care!* **nonodynamo** | *I think trading is social and viral. I like this.* **Benbodhi** | *I like this, I think it has potential to enable safer swaps among the community for free, while also reaching outside of nouns ecosystem and introducing nouns to other token holders that might land on this exchange.* **Mach** | *just doesnt seem like something worth 35k. The technical difficult to execute this isnt worth it especially with so many viable alternatives existing already.* **kerimbonia** | *i think the proposal looks good, the ask is reasonable and i like the utility of having a zero-fee nft-nft exchange for nouns and nouns sub daos.* **Mindtoasted** | *Love the idea for this, I dont know if it could be a great way to trade NFTs at zero cost. I still cant find what the impact might be for Nouns, I dont feel quite Nounish on this, IMO I think this is a pretty big request that
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I like this. Feels like it has potential to become a popular swap platform that is constantly promoting nouns and nounish NFTs tastefully. It provides a place to do more secure swaps than sending eachother NFTs, even when theyre cheap. The ability to add what youre looking for or have to offer is also cool, mixing it up with different things in one transaction.
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9 January 2023
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Has the existence of sudoswap v1 already been discussed? Curious if this will use under the hood and how they see the need given that option is there
Sudoswap v1 has not been directly discussed in the provided context. The conversation focuses on the NFT <-> NFT Exchange proposal and its potential benefits for Nouns, such as safe and fee-free Noun swaps, Noun to other 721 swaps, and more.
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Hey Robert, what's the main value prop for Nouns here? 0 fee marketplace? Safe Noun to Noun swaps?
The main value propositions for Nouns in this context are:--1. Safe and fee-free Noun (+ deriv) to noun (+ deriv) swaps-2. Safe and free Noun to other 721 swaps-3. Nounish swaps highlighted as zero-fee throughout the experience (collection, individual, recent, etc. pages on the site) for proliferation purposes -4. Bootstrapped with Nouns DAO funding + long-term monetization strategy for sustainability post-Nouns-funding-5. Collection, specific-ID and trait bids targeted in roadmap
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Hi <@248359010258911232> do you have any historical data for things like how many swaps are currently being done p/ day/week/month on the platform up until now?
The NFT <-> NFT Exchange hasn't launched yet, so there is no historical data for swaps being done per day/week/month on the platform up until now.
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Thank you for everyone's consideration of our prop! Great learnings for our team; I'm sure we'll be back soon.--The swap experience is in beta and available to test. Have a spare punk, 20eth and want brennen's noun 404? Check out his swap! https://atomic0.com/collection/0x9c8ff314c9bc7f6e59a9d9225fb22946427edc03/swaps--My DMs are open, feel free to make some swaps and let me know your feedback. Thanks everyone!
The main value proposition for Nouns in this context is a zero-fee NFT to NFT swap experience, which could potentially facilitate safe Noun to Noun swaps. However, some users have expressed doubts about the demand for NFT to NFT swaps relative to the total market size and whether the zero-fee swaps are a compelling value proposition for the DAO.
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The proposal aims to enable a zero-fee NFT to NFT exchange for Nouns and beyond. The goal is to make Noun OTC trading more efficient in a web3 environment, which is cu rrently done mostly on social media platforms.
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