In Prop 776, we wanted to build out a sustainable version of Flows while also supporting existing grantees. The DAO's breakeven movement made it clear they don't want to fund outright philanthropy. So -- we want to pivot.
A full reset. New Flows, new requirements, new tools for builders. Fully focused making each Flows project self-sustainable. We plan to restructure Flows so that builders can work together to earn money via commerce and donations. We are still working out the exact details, and need runway to experiment.
Our goal: make all Flows funded projects self-sustainable, and give upside to Nouns.
An onchain Y Combinator for grassroots projects.
Imagine Flows is a company. We have 17 departments. Each department has 10-20 people. Every person is working on their own thing. No one is working together. If Nouns' superpower is parallel processing, we must get people working together towards shared growth and sustainability.
A small (non-exhaustive) example of what we want to build: we get artists to work with product people to help the public goods builders sell T-Shirts to help sustain their work. Everyone gets a split. People work together, not alone.
Nouns provides the ideal environment for onchain entrepreneurship to flourish
We believe Nouns can be an incredible incubator for onchain projects.
We want to incubate projects, help them earn revenue for the entire Flows system, cut Nouns some upside, and ultimately make all of these small-scale Nounish projects sustainable.
$16k USDC a month to continue building Flows, split between riderway and rocketman ($8k a month per person) for 5 months.
$10k USDC to cover legal advice and tax expert consultation to ensure we structure Flows compliantly. Any unused funds from this allocation will be returned to the DAO.
$15k USDC to stream out to projects that are building towards sustainability.
Total ask: $105k USDC
One idea we want to explore: helping projects launch revenue-backed tokens (revnets) and split issuance with the broader community.
We've been working with jango.eth from Juicebox for a few months to workshop what a revnet enabled Flow would look like. We are still unsure on the exact specifics, but are sharing some potential models.
Check out a more in depth view on this Figma.
While we are not exactly sure what the final form will look like, we hope this provides some more insights into our approach for those interested. We commit to publicly workshopping these parameters with anyone who cares to participate. We also commit to splitting a min. of 10% of revnet tokens with Nouns DAO proper.
We view Flows as the only project on the table with a chance to change the DAOs downward trajectory. Hoping to sustain auction revenue by funding one off projects did not work with $50m in the treasury, and likely won't work for $6m unless we make a big change. We believe Flows can be that change. We desperately want Nouns to succeed, it is too special.
We love Nouns. We have been building for you all for nearly 3 years now.
We care about this community deeply. We will not propose again after this.
help us bring the makers together and complete the virtuous cycle
In Prop 776, we wanted to build out a sustainable version of Flows while also supporting existing grantees. The DAO's breakeven movement made it clear they don't want to fund outright philanthropy. So -- we want to pivot.
A full reset. New Flows, new requirements, new tools for builders. Fully focused making each Flows project self-sustainable. We plan to restructure Flows so that builders can work together to earn money via commerce and donations. We are still working out the exact details, and need runway to experiment.
Our goal: make all Flows funded projects self-sustainable, and give upside to Nouns.
An onchain Y Combinator for grassroots projects.
Imagine Flows is a company. We have 17 departments. Each department has 10-20 people. Every person is working on their own thing. No one is working together. If Nouns' superpower is parallel processing, we must get people working together towards shared growth and sustainability.
A small (non-exhaustive) example of what we want to build: we get artists to work with product people to help the public goods builders sell T-Shirts to help sustain their work. Everyone gets a split. People work together, not alone.
Nouns provides the ideal environment for onchain entrepreneurship to flourish
We believe Nouns can be an incredible incubator for onchain projects.
We want to incubate projects, help them earn revenue for the entire Flows system, cut Nouns some upside, and ultimately make all of these small-scale Nounish projects sustainable.
$16k USDC a month to continue building Flows, split between riderway and rocketman ($8k a month per person) for 5 months.
$10k USDC to cover legal advice and tax expert consultation to ensure we structure Flows compliantly. Any unused funds from this allocation will be returned to the DAO.
$15k USDC to stream out to projects that are building towards sustainability.
Total ask: $105k USDC
One idea we want to explore: helping projects launch revenue-backed tokens (revnets) and split issuance with the broader community.
We've been working with jango.eth from Juicebox for a few months to workshop what a revnet enabled Flow would look like. We are still unsure on the exact specifics, but are sharing some potential models.
Check out a more in depth view on this Figma.
While we are not exactly sure what the final form will look like, we hope this provides some more insights into our approach for those interested. We commit to publicly workshopping these parameters with anyone who cares to participate. We also commit to splitting a min. of 10% of revnet tokens with Nouns DAO proper.
We view Flows as the only project on the table with a chance to change the DAOs downward trajectory. Hoping to sustain auction revenue by funding one off projects did not work with $50m in the treasury, and likely won't work for $6m unless we make a big change. We believe Flows can be that change. We desperately want Nouns to succeed, it is too special.
We love Nouns. We have been building for you all for nearly 3 years now.
We care about this community deeply. We will not propose again after this.
help us bring the makers together and complete the virtuous cycle